Guggenheim BulletShares 2021 Corporate Bond ETF is an open-end management investment company. The Fund seeks investment results that correspond generally to the performance, before the Fund's fees and expenses, an investment grade corporate bond index called the NASDAQ BulletShares USD Corporate Bond 2021 Index (the “2021 Index”). The High Yield 2021 Index is a rules-based index comprised of investment-grade corporate bonds with effective maturities in 2021. The Fund will invest at least 80% of its total assets in component securities that comprise the 2021 Index. As of May 31 2015, the Fund's total assets were $168,862,059 and the Fund's investment portfolio was valued at $163,221,086. We show 2 historical shares outstanding datapoints in our BSCL shares outstanding history coverage, used to compute BSCL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BSCL market cap history over the course of time is important for investors
interested in comparing BSCL'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 BSCL versus a peer is one thing; comparing
BSCL 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 BSCL can fluctuate over the course of history.
With this page we aim to empower investors researching BSCL by allowing them to research the BSCL market cap history. |
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Video: The Importance of Market Cap
