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Video: What is a Stock Split?
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Builders Index Funds Trust - Emerging Markets 50 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 Emerging Markets 50 ADR Index. As of Sept 30 2005, the Fund's total assets and investment portfolio totaled $224,498,434 and $223,236,839, respectively. According to our ADRE split history records, ADRE has had 1 split. | |
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ADRE (ADRE) has 1 split in our ADRE split history database. The split for ADRE took place on July 10, 2006. This was a 4 for 1 split, meaning for each share of ADRE owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 4000 share position following the split.
When a company such as ADRE 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 ADRE split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ADRE shares, starting with a $10,000 purchase of ADRE, presented on a split-history-adjusted basis factoring in the complete ADRE split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
03/30/2023 |
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Start price/share: |
$39.69 |
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End price/share: |
$38.20 |
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Starting shares: |
251.95 |
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Ending shares: |
302.73 |
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Dividends reinvested/share: |
$7.12 |
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Total return: |
15.64% |
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Average Annual Total Return: |
1.73% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,566.03 |
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Years: |
8.48 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/07/2014 |
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End date: |
03/30/2023 |
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Start price/share: |
$39.69 |
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End price/share: |
$38.20 |
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Dividends collected/share: |
$7.12 |
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Total return: |
14.18% |
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Average Annual Total Return: |
1.58% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,422.17 |
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Years: |
8.48 |
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Date |
Ratio |
07/10/2006 | 4 for 1 |
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