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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
06/02/2014 |
$13.21 |
$13.21 |
$13.10 |
$13.20 |
2.30K | 06/03/2014 |
$13.11 |
$13.14 |
$13.08 |
$13.09 |
1.10K | 06/04/2014 |
$13.08 |
$13.08 |
$12.98 |
$13.08 |
30.40K | 06/05/2014 |
$13.08 |
$13.08 |
$13.08 |
$13.08 |
0 | 06/06/2014 |
$13.12 |
$13.15 |
$13.12 |
$13.15 |
1.10K |
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The Fund is a closed-end, diversified management investment company. The Fund seeks to provide income exempt from both regular federal and designated state income taxes by investing primarily in a diversified portfolio of municipal obligations issued by state and local government authorities within a single state or certain U.S. territories. As of May 31 2013, the Fund had total assets of $45,321,901 and total investments of $44,393,740. | |
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Nuveen Massachusetts Dividend Advantage Municipal Fund (NMB) has the following price history information. Looking back at NMB historical stock prices for the last five trading days, on June 02, 2014, NMB opened at $13.21, traded as high as $13.21 and as low as $13.10, and closed at $13.20. Trading volume was a total of 2.30K shares. On June 03, 2014, NMB opened at $13.11, traded as high as $13.14 and as low as $13.08, and closed at $13.09. Trading volume was a total of 1.10K shares. On June 04, 2014, NMB opened at $13.08, traded as high as $13.08 and as low as $12.98, and closed at $13.08. Trading volume was a total of 30.40K shares. On June 05, 2014, NMB opened at $13.08, traded as high as $13.08 and as low as $13.08, and closed at $13.08. Trading volume was a total of 0 shares. On June 06, 2014, NMB opened at $13.12, traded as high as $13.15 and as low as $13.12, and closed at $13.15. Trading volume was a total of 1.10K shares.
NMB Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nuveen Massachusetts Dividend Advantage Municipal Fund shares, starting with a $10,000 purchase of NMB, 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: |
04/22/2014 |
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End date: |
06/06/2014 |
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Start price/share: |
$12.85 |
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End price/share: |
$13.15 |
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Starting shares: |
778.21 |
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Ending shares: |
782.23 |
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Dividends reinvested/share: |
$0.07 |
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Total return: |
2.86% |
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Annualized Gain: |
23.22% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,286.00 |
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Years: |
0.12 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/22/2014 |
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End date: |
06/06/2014 |
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Start price/share: |
$12.85 |
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End price/share: |
$13.15 |
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Dividends collected/share: |
$0.07 |
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Total return: |
2.86% |
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Annualized Gain: |
23.23% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,286.00 |
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Years: |
0.12 |
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Date |
Close |
06/02/2014 | $13.20 | 06/03/2014 | $13.09 | 06/04/2014 | $13.08 | 06/05/2014 | $13.08 | 06/06/2014 | $13.15 |
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