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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
11/03/2014 |
$13.89 |
$13.91 |
$13.81 |
$13.87 |
18.10K | 11/04/2014 |
$13.83 |
$13.91 |
$13.83 |
$13.90 |
23.90K | 11/05/2014 |
$13.72 |
$13.81 |
$13.69 |
$13.76 |
62.50K | 11/06/2014 |
$13.81 |
$13.82 |
$13.61 |
$13.67 |
46.80K | 11/07/2014 |
$13.71 |
$13.71 |
$13.63 |
$13.68 |
13.60K |
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Nuveen New Jersey Premium Income Municipal Fund is a closed-end, diversified management investment company. The Fund's primary investment objective is to provide current 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 Apr 30 2014, the Fund's investment portfolio totaled $268,780,631 and its assets totaled $275,730,629. | |
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Nuveen New Jersey Premium Income Municipal Fund (NNJ) has the following price history information. Looking back at NNJ historical stock prices for the last five trading days, on November 03, 2014, NNJ opened at $13.89, traded as high as $13.91 and as low as $13.81, and closed at $13.87. Trading volume was a total of 18.10K shares. On November 04, 2014, NNJ opened at $13.83, traded as high as $13.91 and as low as $13.83, and closed at $13.90. Trading volume was a total of 23.90K shares. On November 05, 2014, NNJ opened at $13.72, traded as high as $13.81 and as low as $13.69, and closed at $13.76. Trading volume was a total of 62.50K shares. On November 06, 2014, NNJ opened at $13.81, traded as high as $13.82 and as low as $13.61, and closed at $13.67. Trading volume was a total of 46.80K shares. On November 07, 2014, NNJ opened at $13.71, traded as high as $13.71 and as low as $13.63, and closed at $13.68. Trading volume was a total of 13.60K shares.
NNJ Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nuveen New Jersey Premium Income Municipal Fund shares, starting with a $10,000 purchase of NNJ, 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: |
04/01/2014 |
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End date: |
11/07/2014 |
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Start price/share: |
$13.67 |
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End price/share: |
$13.68 |
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Starting shares: |
731.53 |
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Ending shares: |
765.59 |
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Dividends reinvested/share: |
$0.63 |
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Total return: |
4.73% |
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Annualized Gain: |
7.85% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,473.00 |
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Years: |
0.60 |
|
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
11/07/2014 |
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Start price/share: |
$13.67 |
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End price/share: |
$13.68 |
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Dividends collected/share: |
$0.63 |
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Total return: |
4.70% |
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Annualized Gain: |
7.79% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,470.00 |
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Years: |
0.60 |
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Date |
Close |
11/03/2014 | $13.87 | 11/04/2014 | $13.90 | 11/05/2014 | $13.76 | 11/06/2014 | $13.67 | 11/07/2014 | $13.68 |
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