VOYA Infrastructure Industrials & Materials is a closed-end management investment company. The Fund's investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing in companies that own and/or operate infrastructure facilities in the infrastructure sector, and in a range of companies, principally in the industrials and materials sectors. We show 1 historical shares outstanding datapoints in our IDE shares outstanding history coverage, used to compute IDE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IDE market cap history over the course of time is important for investors
interested in comparing IDE'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 IDE versus a peer is one thing; comparing
IDE 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 IDE can fluctuate over the course of history.
With this page we aim to empower investors researching IDE by allowing them to research the IDE market cap history. |
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Video: The Importance of Market Cap
