Guggenheim Defensive Equity is an open-end management investment company. The Fund seeks investment results, which correspond to the performance, before the Fund's fees and expenses, of an equity index called the Sabrient Defensive Equity Index (the Index). The Index is consisted of approximately 100 securities selected, based on investment and other criteria developed by Sabrient Systems LLC, from a universe of the United States-traded securities, including master limited partnerships and American depositary receipts. As of Aug 31 2015, the Fund's total assets were $213,567,581 and the Fund's investment portfolio was valued at $212,742,917. We show 1 historical shares outstanding datapoints in our BSCR shares outstanding history coverage, used to compute BSCR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BSCR market cap history over the course of time is important for investors
interested in comparing BSCR'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 BSCR versus a peer is one thing; comparing
BSCR 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 BSCR can fluctuate over the course of history.
With this page we aim to empower investors researching BSCR by allowing them to research the BSCR market cap history. |
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Video: The Importance of Market Cap
