Guggenheim S&P Global Dividend Opportunities Index 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, of an equity index called the S&P Global Dividend Opportunities Index (the Index). The Index consists of 100 common stocks and American Depositary Receipts that offer high dividend yields chosen from a universe consisting of the stocks listed on the exchanges of those countries included in the S&P Global Broad Market Index. As of May 31 2015, the Fund's total assets were $98,140,313 and its investment portfolio was valued at $97,430,268 We show 1 historical shares outstanding datapoints in our LVL shares outstanding history coverage, used to compute LVL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LVL market cap history over the course of time is important for investors
interested in comparing LVL'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 LVL versus a peer is one thing; comparing
LVL 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 LVL can fluctuate over the course of history.
With this page we aim to empower investors researching LVL by allowing them to research the LVL market cap history. |
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Video: The Importance of Market Cap
