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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/16/2024 |
$11.30 |
$11.40 |
$11.20 |
$11.26 |
46.50K | 04/17/2024 |
$11.32 |
$11.43 |
$11.23 |
$11.38 |
66.20K | 04/18/2024 |
$11.45 |
$11.47 |
$11.32 |
$11.35 |
45.50K | 04/19/2024 |
$11.40 |
$11.49 |
$11.37 |
$11.47 |
60.70K | 04/22/2024 |
$11.44 |
$11.54 |
$11.40 |
$11.45 |
36.00K |
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RiverNorth Opportunities Fund is a diversified, closed-end management investment company. The Fund's investment objective is total return consisting of capital appreciation and current income. The Fund seeks to achieve its investment objective by pursuing a tactical asset allocation strategy and investing under normal circumstances in closed-end funds and exchange-traded funds with a focus on risk-adjusted returns (Underlying Funds). Underlying Funds also may include business development companies and special purpose acquisition companies. | |
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Rivernorth Opportunities Fund (RIV) has the following price history information. Looking back at RIV historical stock prices for the last five trading days, on April 16, 2024, RIV opened at $11.30, traded as high as $11.40 and as low as $11.20, and closed at $11.26. Trading volume was a total of 46.50K shares. On April 17, 2024, RIV opened at $11.32, traded as high as $11.43 and as low as $11.23, and closed at $11.38. Trading volume was a total of 66.20K shares. On April 18, 2024, RIV opened at $11.45, traded as high as $11.47 and as low as $11.32, and closed at $11.35. Trading volume was a total of 45.50K shares. On April 19, 2024, RIV opened at $11.40, traded as high as $11.49 and as low as $11.37, and closed at $11.47. Trading volume was a total of 60.70K shares. On April 22, 2024, RIV opened at $11.44, traded as high as $11.54 and as low as $11.40, and closed at $11.45. Trading volume was a total of 36.00K shares.
RIV Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Rivernorth Opportunities Fund shares, starting with a $10,000 purchase of RIV, 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: |
01/11/2016 |
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End date: |
04/22/2024 |
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Start price/share: |
$19.02 |
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End price/share: |
$11.45 |
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Starting shares: |
525.76 |
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Ending shares: |
1,552.67 |
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Dividends reinvested/share: |
$17.38 |
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Total return: |
77.80% |
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Average Annual Total Return: |
7.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,786.03 |
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Years: |
8.28 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/11/2016 |
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End date: |
04/22/2024 |
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Start price/share: |
$19.02 |
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End price/share: |
$11.45 |
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Dividends collected/share: |
$17.38 |
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Total return: |
51.59% |
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Average Annual Total Return: |
5.15% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$15,157.54 |
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Years: |
8.28 |
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Date |
Close |
04/16/2024 | $11.26 | 04/17/2024 | $11.38 | 04/18/2024 | $11.35 | 04/19/2024 | $11.47 | 04/22/2024 | $11.45 |
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