Vanguard Charlotte Funds is an open-end investment company, or mutual fund. Co. invests in securities of foreign issuers. Co. provides four classes of shares: Investor Shares, Admiral Shares, Institutional Shares, and ETF Shares. We show 1 historical shares outstanding datapoints in our BNDX shares outstanding history coverage, used to compute BNDX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BNDX market cap history over the course of time is important for investors
interested in comparing BNDX's market cap history versus its peers.
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,
and then calculating their respective market caps. Comparing the share price of BNDX versus a peer is one thing; comparing
BNDX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BNDX can fluctuate over the course of history.
With this page we aim to empower investors researching BNDX by allowing them to research the BNDX market cap history. |
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Video: The Importance of Market Cap
