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Video: What is a Stock Split?
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Guggenheim Enhanced Short Duration Bond is an open-end management investment company. The Fund seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund will invest at least 80% of its net assets in fixed income securities utilizing a low duration strategy to seek to outperform the Barclays 1-3 Month U.S. Treasury Bill Index. Under normal circumstances, the Fund holds a diversified portfolio of fixed income instruments of varying maturities, but that have an average portfolio duration of less than one year. As of May 31 2015, the Fund's total assets were $447,427,045 and the Fund's investment portfolio was valued at $442,197,672. According to our GSY split history records, Invesco Actively Managed Exchange Traded Fund Trust - Ultra Short Duration ETF has had 1 split. | |
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Invesco Actively Managed Exchange Traded Fund Trust - Ultra Short Duration ETF (GSY) has 1 split in our GSY split history database. The split for GSY took place on October 25, 1995. This was a 3 for 2
split, meaning for each 2
shares of GSY owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Invesco Actively Managed Exchange Traded Fund Trust - Ultra Short Duration ETF 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 GSY split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Invesco Actively Managed Exchange Traded Fund Trust - Ultra Short Duration ETF shares, starting with a $10,000 purchase of GSY, presented on a split-history-adjusted basis factoring in the complete GSY split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$50.28 |
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End price/share: |
$49.81 |
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Starting shares: |
198.89 |
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Ending shares: |
246.93 |
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Dividends reinvested/share: |
$10.83 |
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Total return: |
23.00% |
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Average Annual Total Return: |
2.09% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,297.93 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$50.28 |
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End price/share: |
$49.81 |
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Dividends collected/share: |
$10.83 |
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Total return: |
20.60% |
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Average Annual Total Return: |
1.89% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$12,059.12 |
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Years: |
10.00 |
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Date |
Ratio |
10/25/1995 | 3 for 2
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