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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/22/2024 |
$21.55 |
$21.61 |
$21.50 |
$21.59 |
68.00K | 04/23/2024 |
$21.73 |
$21.91 |
$21.73 |
$21.89 |
52.40K | 04/24/2024 |
$22.02 |
$22.02 |
$21.77 |
$21.84 |
58.40K | 04/25/2024 |
$21.66 |
$21.72 |
$21.56 |
$21.66 |
60.60K | 04/26/2024 |
$21.73 |
$22.02 |
$21.73 |
$21.91 |
47.30K |
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Virtus Equity & Convertible Income Fund is registered as a closed-end management investment company. The Fund's investment objective is to seek total return comprised of capital appreciation, current income and gains. Under normal market conditions the Fund pursues its objective by investing in a diversified portfolio of equity securities and income-producing convertible securities. | |
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Virtus Equity & Convertible Income Fundha (NIE) has the following price history information. Looking back at NIE historical stock prices for the last five trading days, on April 22, 2024, NIE opened at $21.55, traded as high as $21.61 and as low as $21.50, and closed at $21.59. Trading volume was a total of 68.00K shares. On April 23, 2024, NIE opened at $21.73, traded as high as $21.91 and as low as $21.73, and closed at $21.89. Trading volume was a total of 52.40K shares. On April 24, 2024, NIE opened at $22.02, traded as high as $22.02 and as low as $21.77, and closed at $21.84. Trading volume was a total of 58.40K shares. On April 25, 2024, NIE opened at $21.66, traded as high as $21.72 and as low as $21.56, and closed at $21.66. Trading volume was a total of 60.60K shares. On April 26, 2024, NIE opened at $21.73, traded as high as $22.02 and as low as $21.73, and closed at $21.91. Trading volume was a total of 47.30K shares.
NIE Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Virtus Equity & Convertible Income Fundha shares, starting with a $10,000 purchase of NIE, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/30/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$19.79 |
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End price/share: |
$21.91 |
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Starting shares: |
505.31 |
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Ending shares: |
1,291.35 |
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Dividends reinvested/share: |
$20.29 |
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Total return: |
182.94% |
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Average Annual Total Return: |
10.96% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$28,283.99 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/30/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$19.79 |
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End price/share: |
$21.91 |
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Dividends collected/share: |
$20.29 |
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Total return: |
113.24% |
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Average Annual Total Return: |
7.87% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,326.36 |
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Years: |
10.00 |
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Date |
Close |
04/22/2024 | $21.59 | 04/23/2024 | $21.89 | 04/24/2024 | $21.84 | 04/25/2024 | $21.66 | 04/26/2024 | $21.91 |
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