Spruce Power Holding is an owner and operator of distributed solar energy assets across the U.S., providing subscription-based services to various customers. Co. also engages in the energy efficiency and solar loan servicing business. Co. provides services which include asset management services and operating and maintenance services for residential solar photovoltaic projects, in addition to, loan servicing support that allows residential consumers to finance energy efficiency home improvements and residential solar energy systems. In addition to providing management services to its own portfolio, Co. also provides management services to systems owned by other companies. The SPRU average annual return since 2019 is shown above.
The Average Annual Return on the SPRU average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SPRU average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SPRU average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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