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 Video: What is a Stock Split?
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| Builders Index Funds Trust - Developed Markets 100 ADR Index Fund is a unit investment trust. The Fund seeks investment results, which generally correspond to the price and yield performance of The Bank of New York Developed Markets 100 ADR Index. As of Sept 30 2005, the Fund's total assets and investment portfolio totaled $43,473,279 and $42,852,326, respectively. According to our ADRD split history records, ADRD has had 1 split. | |
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ADRD (ADRD) has 1 split in our ADRD split history database. The split for ADRD took place on July 10, 2006. This was a 3 for 1 split, meaning for each share of ADRD owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as ADRD splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the ADRD split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ADRD shares, starting with a $10,000 purchase of ADRD, presented on a split-history-adjusted basis factoring in the complete ADRD split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
02/13/2020 |
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| Start price/share: |
$23.03 |
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| End price/share: |
$22.23 |
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| Starting shares: |
434.22 |
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| Ending shares: |
526.64 |
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| Dividends reinvested/share: |
$4.18 |
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| Total return: |
17.07% |
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| Average Annual Total Return: |
2.99% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,706.51 |
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| Years: |
5.35 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
10/10/2014 |
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| End date: |
02/13/2020 |
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| Start price/share: |
$23.03 |
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| End price/share: |
$22.23 |
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| Dividends collected/share: |
$4.18 |
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| Total return: |
14.66% |
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| Average Annual Total Return: |
2.59% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,465.40 |
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| Years: |
5.35 |
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| Date |
Ratio |
| 07/10/2006 | 3 for 1 |
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