SPDR Barclays Capital Aggregate Bond is an open-end investment management company. The Fund seeks to provide investment results that correspond to the price and yield performance the Barclays Capital U.S. Aggregate Index (the Index). The Index provides a measure of the performance of the United States dollar denominated investment grade bond market, which includes investment grade government bonds, investment grade corporate bonds, mortgage pass through securities, commercial mortgage-backed securities and asset backed securities. As of June 30 2015, the Fund's total assets and investment porfolio totaled $1,073,840,938 and $1,067,931,692, respectively. We show 41 historical shares outstanding datapoints in our SPAB shares outstanding history coverage, used to compute SPAB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPAB market cap history over the course of time is important for investors
interested in comparing SPAB'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 SPAB versus a peer is one thing; comparing
SPAB 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 SPAB can fluctuate over the course of history.
With this page we aim to empower investors researching SPAB by allowing them to research the SPAB market cap history. |
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Video: The Importance of Market Cap
