|
Video: What is a Stock Split?
|
|
Builders Index Funds Trust - Europe 100 ADR Index Fund is an open-end management investment company. The Fund seeks to provide investment results that correspond generally, before fees and expenses, to the price and yield performance of the Bank of New York Europe 100 ADR index. The fund will typically invest substantially all of its assets in the securities that make up the index. As of Sept 30 2010, the Fund's total assets and investment portfolio totaled $22,427,245 and $22,278,706, respectively. According to our ADRU split history records, ADRU has had 1 split. | |
|
ADRU (ADRU) has 1 split in our ADRU split history database. The split for ADRU took place on July 10, 2006. This was a 3 for 1 split, meaning for each share of ADRU 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 ADRU 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 ADRU 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 ADRU shares, starting with a $10,000 purchase of ADRU, presented on a split-history-adjusted basis factoring in the complete ADRU split history.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
10/10/2014 |
|
End date: |
02/13/2020 |
|
Start price/share: |
$22.80 |
|
End price/share: |
$21.57 |
|
Starting shares: |
438.60 |
|
Ending shares: |
536.58 |
|
Dividends reinvested/share: |
$4.27 |
|
Total return: |
15.74% |
|
Average Annual Total Return: |
2.77% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$11,573.39 |
|
Years: |
5.35 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
10/10/2014 |
|
End date: |
02/13/2020 |
|
Start price/share: |
$22.80 |
|
End price/share: |
$21.57 |
|
Dividends collected/share: |
$4.27 |
|
Total return: |
13.35% |
|
Average Annual Total Return: |
2.37% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$11,334.52 |
|
Years: |
5.35 |
|
|
|
Date |
Ratio |
07/10/2006 | 3 for 1 |
|
|