It is calculated by dividing the total net asset value of the fund or company by the number of shares outstanding. (investopedia.com)
This calculator is not meant to be used by retirement plan participants or other investors eligible to purchase class A shares at net asset value. (putnam.com)
As would be expected, the yields of these funds — interest and dividends after expenses divided by average net asset value — increase as the target date approaches maturity. (aaii.com)