iShares California AMT-Free Muni Bond ETF (the “Fund”) seeks to track the investment results of an index composed of investment-grade municipal bonds issued in the State of California, as represented by the S&P California AMT-Free Municipal Bond IndexTM (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index. As of Feb 28 2015, the Fund's total assets were $384,908,625 and the Fund's investment portfolio was valued at $380,639,367. We show 195 historical shares outstanding datapoints in our coverage of CMF's shares outstanding history.
Understanding the changing numbers of CMF shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CMF 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 CMF by allowing them to research CMF shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
