Massachusetts Health & Education Tax Exempt Trust is registered as a non-diversified, closed-end management investment company. The Trust's investment objective is to earn a high level of current income exempt from regular federal income taxes and Massachusetts personal income taxes consistent with preservation of capital. The Trust seeks to achieve its objective by investing primarily in Massachusetts "investment grade" tax-exempt obligations issued on behalf of not-for- profit health and education institutions. As of Aug 31 2017, the Fund had total assets of $54,288,038 and its total investment portfolio was $53,574,098. We show 1 historical shares outstanding datapoints in our coverage of MHE's shares outstanding history.
Understanding the changing numbers of MHE shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MHE 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 MHE by allowing them to research MHE shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
