Split History
8% "No Withdrawal" Portfolio »    DRA Historical Stock Prices »
Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Diversified Real Asset Income Fund is a diversified, closed-end management investment company. The Fund's investment objective is a high level of current income and long-term capital appreciation. As of May 31 2016, the Fund's total assets were $480,042,157 and the Fund's investment portfolio was valued at $470,134,244. According to our DRA split history records, DRA has had 1 split.
DRA split history picture
DRA (DRA) has 1 split in our DRA split history database. The split for DRA took place on August 27, 1999. This was a 4 for 17 reverse split, meaning for each 17 shares of DRA owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 235.294117647059 share position following the split.

When a company such as DRA conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the DRA split history from start to finish, an original position size of 1000 shares would have turned into 235.294117647059 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DRA shares, starting with a $10,000 purchase of DRA, presented on a split-history-adjusted basis factoring in the complete DRA split history. DRA split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 09/09/2014
End date: 11/28/2017
Start price/share: $18.15
End price/share: $18.15
Starting shares: 550.96
Ending shares: 684.84
Dividends reinvested/share: $3.68
Total return: 24.30%
Average Annual Total Return: 6.98%
Starting investment: $10,000.00
Ending investment: $12,428.27
Years: 3.22
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/09/2014
End date: 11/28/2017
Start price/share: $18.15
End price/share: $18.15
Dividends collected/share: $3.68
Total return: 20.27%
Average Annual Total Return: 5.90%
Starting investment: $10,000.00
Ending investment: $12,028.54
Years: 3.22
Date Ratio
08/27/19994 for 17
DRA is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

DRE Split History
DRIP Split History
DRL Split History
DRN Split History
DRV Split History
DSL Split History
DSU Split History
DSV Split History
DUC Split History
DUG Split History

Rush Enterprises, Inc. (RUSHB)
Rush Enterprises, Inc. (RUSHA)
Silver Bull Resources, Inc. (SVB.CA)
Eagle Bulk Shipping Inc. (EGLE)
Biocept, Inc. (BIOC)
China Ceramics Co., Ltd. (CCCL)
Sunesis Pharmaceuticals, Inc. (SNSS)
Urban Tea Inc. (MYT)
Intrepid Potash Inc. (IPI)
Tesla, Inc. (TSLA)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

DRA Insider Buying

DRA Split History | www.SplitHistory.com | Copyright © 2013 - 2020, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.