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Video: What is a Stock Split?
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PowerShares Emerging Markets Infrastructure Portfolio is an open-end management investment company. The Fund seeks investment results that correspond, generally, to the price and yield (before fees and expenses) of the S-Network Emerging Infrastructure Builders Index SM (the "Index"). The Index is designed to measure the overall performance of securities of companies involved in certain industries related to infrastructure construction and development in emerging market countries. As of Oct 31 2013, the Fund's total assets were $83,183,750 and the Fund's investment portfolio was valued at $74,823,325. According to our PXR split history records, PXR has had 6 splits. | |
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PXR (PXR) has 6 splits in our PXR split history database. The first split for PXR took place on September 15, 1992. This was a 5 for 4
split, meaning for each 4
shares of PXR owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 1250 share position following the split. PXR's second split took place on January 21, 1993. This was a 5 for 4
split, meaning for each 4
shares of PXR owned pre-split, the shareholder now owned 5 shares. For example, a 1250 share position pre-split, became a 1562.5 share position following the split. PXR's third split took place on September 15, 1993. This was a 5 for 4
split, meaning for each 4
shares of PXR owned pre-split, the shareholder now owned 5 shares. For example, a 1562.5 share position pre-split, became a 1953.125 share position following the split. PXR's 4th split took place on September 11, 1995. This was a 5 for 4
split, meaning for each 4
shares of PXR owned pre-split, the shareholder now owned 5 shares. For example, a 1953.125 share position pre-split, became a 2441.40625 share position following the split. PXR's 5th split took place on September 10, 1996. This was a 5 for 4
split, meaning for each 4
shares of PXR owned pre-split, the shareholder now owned 5 shares. For example, a 2441.40625 share position pre-split, became a 3051.7578125 share position following the split. PXR's 6th split took place on September 10, 1997. This was a 5 for 4
split, meaning for each 4
shares of PXR owned pre-split, the shareholder now owned 5 shares. For example, a 3051.7578125 share position pre-split, became a 3814.697265625 share position following the split.
When a company such as PXR 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 PXR split history from start to finish, an original position size of 1000 shares would have turned into 3814.697265625 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PXR shares, starting with a $10,000 purchase of PXR, presented on a split-history-adjusted basis factoring in the complete PXR split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
12/05/2014 |
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End date: |
02/20/2019 |
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Start price/share: |
$36.53 |
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End price/share: |
$34.92 |
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Starting shares: |
273.75 |
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Ending shares: |
294.49 |
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Dividends reinvested/share: |
$2.48 |
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Total return: |
2.84% |
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Average Annual Total Return: |
0.67% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,285.37 |
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Years: |
4.21 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/05/2014 |
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End date: |
02/20/2019 |
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Start price/share: |
$36.53 |
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End price/share: |
$34.92 |
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Dividends collected/share: |
$2.48 |
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Total return: |
2.38% |
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Average Annual Total Return: |
0.56% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,238.10 |
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Years: |
4.21 |
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Date |
Ratio |
09/15/1992 | 5 for 4
| 01/21/1993 | 5 for 4
| 09/15/1993 | 5 for 4
| 09/11/1995 | 5 for 4
| 09/10/1996 | 5 for 4
| 09/10/1997 | 5 for 4
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