db X-Trackers 2040 Target Date Fund seeks to track the performance of the Zacks 2040 Lifecycle Index (the Underlying Index). The Fund is an exchange traded funds, which is managed to track the Underlying Index developed for investors, which have invested with the specific target year of 2040. The Underlying Index is consisted of securities from three asset classes: international equities, domestic equities, and fixed income, and is designed to represent a portfolio of securities to outperform the Lipper Mixed-Asset Target 2030+ Index. As of May 31 2013, the Fund's total assets and investment portfolio totaled $30,134,267 and $29,943,507, respectively. We show 9 historical shares outstanding datapoints in our TDV shares outstanding history coverage, used to compute TDV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TDV market cap history over the course of time is important for investors
interested in comparing TDV'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 TDV versus a peer is one thing; comparing
TDV 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 TDV can fluctuate over the course of history.
With this page we aim to empower investors researching TDV by allowing them to research the TDV market cap history. |
Free TDV Email Alerts:
Video: The Importance of Market Cap
