Sentences with phrase «closing net asset value»

Open - end mutual funds: Investments in open - end mutual funds including money market funds are valued at their closing net asset value each business day and are categorized in level 1 of the fair value hierarchy.

ETF providers use stocks» prices to calculate an ETF's intraday underlying value throughout the trading day, and the closing net asset value (NAV) of an equity ETF is typically very close to the ETF's closing price.

The closing net asset value (NAV) for each share class on March 14, 2018 was reduced by the amounts of this distribution, plus or minus any market activity for the day.

The closing net asset value (NAV) for each share class on March 14, 2018 was reduced by the amount of the distribution, plus or minus any market activity for the day.

The closing net asset value (NAV) for each share class on December 20, 2017 was reduced by the amount of these distributions, plus or minus any market activity for the day.

The closing net asset value (NAV) for each share class on December 15, 2017 will be reduced by the amount of the distribution, plus or minus any market activity for the day.

You can only sell them at the last daily closing net asset value (NAV), in contrast to ETFs, whose market value may vary minute to minute.

Close NAV — The closing Net Asset Value price of the fund the previous day.

All mutual funds allow you to buy or sell your fund shares at each business day's closing net asset value.

Unlike mutual funds, which are bought from or redeemed by the fund company for that day's closing net asset value (NAV), ETFs are bought and sold at market value, trading on an exchange throughout the day.

And, on the near horizon, a new wrinkle: actively managed ETFs within non-transparent portfolios that trade relative to closing net asset value.

The closing net asset values (NAV) for each share class on December 20, 2017 was reduced by the amounts of these distributions, plus or minus any market activity for the day.

Not exact matches

Look again in the Wall Street Journal for a closed - end fund that is trading below its net asset value.

The Company utilized estimated fair values at the closing date of the 2015 Merger for the preliminary allocation of consideration to the net tangible and intangible assets acquired and liabilities assumed.

By contrast, net US Treasury positions rose during the financial crisis and are now net positive, as dealers have closed short positions (ie positions that rise in value when the price of an asset falls) and accumulated securities holdings (Graph 3, left - hand panel).

A closed - end fund seeking high current income and relative stability of net asset value by investing in a wide variety of fixed - income securities globally.

An ETF combines the evaluation feature of a mutual fund or unit investment trust, which can be bought or sold at the end of each trading day for its net asset value, with the tradability feature of a closed - end fund, which trades throughout the trading day at prices that may be more or less than its net asset value.

Shares of closed - end funds trade at their market price, which may be higher or lower than a fund's net asset value (NAV) per share.

BOSTON (March 12, 2018)-- MFS Investment Grade Municipal Trust (the «fund»)(NYSE: CXH) announced today that it will conduct a cash tender offer to purchase up to 7.5 percent of the fund's outstanding common shares (the «shares») at a price per share equal to 98 percent of the fund's net asset value (NAV) per share as of the close of regular trading on the New York Stock Exchange (NYSE) on the date the tender offer expires.

Shares are bought and sold at market price (closing price) not net asset value (NAV) are not individually redeemed from the Fund.

The joint venture will take up closed - ended municipal - bond funds in the next year or so that when the predicted bond market collapse comes, it will drive fund prices down to as little as 40 % of net asset value.

Price to Net Asset Value per share ratio is calculated as the previous day's closing share price divided by net tangible asset value (NTAV) per shaNet Asset Value per share ratio is calculated as the previous day's closing share price divided by net tangible asset value (NTAV) per sAsset Value per share ratio is calculated as the previous day's closing share price divided by net tangible asset value (NTAV) per sValue per share ratio is calculated as the previous day's closing share price divided by net tangible asset value (NTAV) per shanet tangible asset value (NTAV) per sasset value (NTAV) per svalue (NTAV) per share.

By contrast, a mutual fund's price (or its net asset value) is set once a day — after the market closes — so you have less control over timing and price when it comes to buying and selling.

However, while ETFs let you trade at your leisure during market hours, mutual funds can only be sold after the closing bell when a fund's net asset value (NAV) has been calculated for the day.

The price of a closed end fund is influenced more by supply and demand than the net asset value.

Each of the funds will close upon maturity at the end of each respective year, with investors getting net asset value of all the bonds in the portfolio.

This policy ensures that the ETF's net asset value doesn't include «stale» prices from markets that close before the U.S. stock market.

On closer inspection, however, it becomes clear that NTII is trading at its net cash value, has other readily valuable assets and offers the possibility of substantial additional upside.

Therefore, unlike closed - end funds, they maintain most of their net - asset value even if there is a lack of interest in the fund.

The shares of the Spain Fund, Inc., a closed - end mutual fund investing in publicly traded Spanish securities, were bid up in price from approximately net asset value (NAV)-- the combined market value of the underlying investments divided by the number of shares outstanding — to more than twice that level.

Going forward, when invetsors want to sell their units, the DBs are obliged to buy them back at a price very close to their net asset value.

When you research an ETF on the provider's website, both the net asset value (NAV) and yesterday's closing price are listed.

In theory, ETFs are supposed to be infinitely liquid: that is, you should be able to buy or sell units at market prices very close to the net asset value (NAV).

The net asset value of a fund is calculated after the close of each trading day.

Consequently, distributions by a closed - end fund may include a return of capital, which would reduce the fund's net asset value and its earnings capacity.

First, the shares of closed - end funds frequently trade at a premium or discount relative to their net asset value.

The net asset value is the value of the fund's total assets at market close minus the fund's liabilities divided by the total number of shares outstanding.

The investment seeks to have the daily changes in percentage terms of the fund's net assets value per share reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts.

By contrast, a mutual fund's price (or its net asset value) is set once a day — after the market closes — so you have less control over timing and price when it comes to buying and selling.

Closed - end fund shares may frequently trade at a discount or premium to their net asset value.

An ETF holds assets such as stocks, commodities or bonds, and generally trades close to its net asset value over the course of the trading day.

The last three trade close to the value of their underlying assets, but the PIMCO fund regularly trades at a 50 % premium to net asset value.

This is done based on the Net Asset Value or the daily closing price of all the units of Mutual Funds or securities.

The price for the shares in a mutual fund is determined by the net asset value (NAV) calculated after the market closes.

One side effect of a «close - end» structure is that the LIC share price can depart from the value of the underlying assets (usually other equities), so the share price can trade at a premium or discount to its Net Tangible Aassets (usually other equities), so the share price can trade at a premium or discount to its Net Tangible AssetsAssets.

An interval fund is a type of investment company that is legally classified as a closed - end fund, but is different from traditional closed - end funds in that their shares typically do not trade on the secondary market and they are permitted to continuously offer their shares at a price based on the Fund's net asset value.

Your typical screen might search for closed end funds trading below its net asset value (NAV), for instance.

Shares of closed - end investment companies frequently trade at a discount to net asset value.

So the stock is trading at close to its liquidation value purely on net cash and AV411 and Genzyme asset are free options potentially worth another $ 0.75 / share or higher....

Also be sure to keep your eye on the behavior over various closed end funds that may show massive discounts to Net Asset Value during a market panic like we've seen in the past.