Market Vectors Fallen Angel USD Bond ETF is an open-end management investment company. The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The BofA Merrill Lynch US Fallen Angel High Yield Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Fallen Angel Index is comprised of below investment grade corporate bonds denominated in U.S. dollars that were rated investment grade at the time of issuance. As of Apr 30 2013, the Fund's total assets were $11,065,024 and its investment portfolio was valued at $10,858,393. We show 235 historical shares outstanding datapoints in our coverage of ANGL's shares outstanding history.
Understanding the changing numbers of ANGL shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ANGL versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching ANGL by allowing them to research ANGL shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
