 |
 Video: Compound Annual Growth Rate (CAGR) Definition
|
|
| Date |
Open |
High |
Low |
Close |
Volume |
| 02/01/2021 |
$15.12 |
$15.14 |
$14.99 |
$15.11 |
50.10K | | 02/02/2021 |
$15.06 |
$15.15 |
$15.05 |
$15.07 |
31.50K | | 02/03/2021 |
$15.10 |
$15.15 |
$15.07 |
$15.07 |
18.90K | | 02/04/2021 |
$15.05 |
$15.09 |
$14.97 |
$14.98 |
41.40K | | 02/05/2021 |
$15.00 |
$15.10 |
$14.98 |
$15.10 |
37.60K |
|
|
| Nuveen Michigan Quality Municipal Income Fund is registered as a diversified, closed-end management investment company. The Fund seeks 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. | |
|
Nuveen Michigan Quality Income Municipal Fund (NUM) has the following price history information. Looking back at NUM historical stock prices for the last five trading days, on February 01, 2021, NUM opened at $15.12, traded as high as $15.14 and as low as $14.99, and closed at $15.11. Trading volume was a total of 50.10K shares. On February 02, 2021, NUM opened at $15.06, traded as high as $15.15 and as low as $15.05, and closed at $15.07. Trading volume was a total of 31.50K shares. On February 03, 2021, NUM opened at $15.10, traded as high as $15.15 and as low as $15.07, and closed at $15.07. Trading volume was a total of 18.90K shares. On February 04, 2021, NUM opened at $15.05, traded as high as $15.09 and as low as $14.97, and closed at $14.98. Trading volume was a total of 41.40K shares. On February 05, 2021, NUM opened at $15.00, traded as high as $15.10 and as low as $14.98, and closed at $15.10. Trading volume was a total of 37.60K shares.
NUM Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nuveen Michigan Quality Income Municipal Fund shares, starting with a $10,000 purchase of NUM, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
04/25/2014 |
|
| End date: |
02/05/2021 |
|
| Start price/share: |
$13.88 |
|
| End price/share: |
$15.10 |
|
| Starting shares: |
720.46 |
|
| Ending shares: |
1,005.29 |
|
| Dividends reinvested/share: |
$4.56 |
|
| Total return: |
51.80% |
|
| Average Annual Total Return: |
6.34% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$15,179.05 |
|
| Years: |
6.79 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
04/25/2014 |
|
| End date: |
02/05/2021 |
|
| Start price/share: |
$13.88 |
|
| End price/share: |
$15.10 |
|
| Dividends collected/share: |
$4.56 |
|
| Total return: |
41.63% |
|
| Average Annual Total Return: |
5.26% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$14,162.73 |
|
| Years: |
6.79 |
|
|
|
| Date |
Close |
| 02/01/2021 | $15.11 | | 02/02/2021 | $15.07 | | 02/03/2021 | $15.07 | | 02/04/2021 | $14.98 | | 02/05/2021 | $15.10 |
|
|
Free NUM Email Alerts:
