Market Vectors Pre-Refunded Municipal Index 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 Barclays Municipal Pre-Refunded-Treasury-Escrowed Index. The fund normally invests at least 80% of its total assets in securities that comprise the benchmark index. The Pre-Refunded Index is comprised of publicly traded municipal bonds that cover the U.S. dollar denominated tax-exempt bond market. As of Apr 30 2013, the Fund's total assets were $33,101,309 and its investment portfolio was valued at $32,549,596. We show 2 historical shares outstanding datapoints in our coverage of PRB's shares outstanding history.
Understanding the changing numbers of PRB shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PRB 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 PRB by allowing them to research PRB shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
