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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/15/2024 |
$10.53 |
$10.54 |
$10.46 |
$10.49 |
12.00K | 04/16/2024 |
$10.47 |
$10.52 |
$10.47 |
$10.50 |
7.50K | 04/17/2024 |
$10.50 |
$10.56 |
$10.50 |
$10.54 |
5.50K | 04/18/2024 |
$10.47 |
$10.51 |
$10.47 |
$10.50 |
17.70K | 04/19/2024 |
$10.49 |
$10.55 |
$10.49 |
$10.51 |
7.10K |
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Nuveen Massachusetts Quality Municipal Income Fund is a closed-end management investment company. The Fund's investment objective is to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain United States territories. Under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax and a single state's personal income tax. | |
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Nuveen Massachusetts Premium Income Municipal Fund (NMT) has the following price history information. Looking back at NMT historical stock prices for the last five trading days, on April 15, 2024, NMT opened at $10.53, traded as high as $10.54 and as low as $10.46, and closed at $10.49. Trading volume was a total of 12.00K shares. On April 16, 2024, NMT opened at $10.47, traded as high as $10.52 and as low as $10.47, and closed at $10.50. Trading volume was a total of 7.50K shares. On April 17, 2024, NMT opened at $10.50, traded as high as $10.56 and as low as $10.50, and closed at $10.54. Trading volume was a total of 5.50K shares. On April 18, 2024, NMT opened at $10.47, traded as high as $10.51 and as low as $10.47, and closed at $10.50. Trading volume was a total of 17.70K shares. On April 19, 2024, NMT opened at $10.49, traded as high as $10.55 and as low as $10.49, and closed at $10.51. Trading volume was a total of 7.10K shares.
NMT Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nuveen Massachusetts Premium Income Municipal Fund shares, starting with a $10,000 purchase of NMT, 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: |
04/19/2024 |
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Start price/share: |
$12.98 |
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End price/share: |
$10.51 |
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Starting shares: |
770.42 |
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Ending shares: |
1,172.87 |
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Dividends reinvested/share: |
$5.57 |
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Total return: |
23.27% |
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Average Annual Total Return: |
2.11% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,322.04 |
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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: |
04/22/2014 |
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End date: |
04/19/2024 |
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Start price/share: |
$12.98 |
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End price/share: |
$10.51 |
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Dividends collected/share: |
$5.57 |
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Total return: |
23.86% |
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Average Annual Total Return: |
2.16% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,382.51 |
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Years: |
10.00 |
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Date |
Close |
04/15/2024 | $10.49 | 04/16/2024 | $10.50 | 04/17/2024 | $10.54 | 04/18/2024 | $10.50 | 04/19/2024 | $10.51 |
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