Sue purchased a closed-end mutual fund that was trading at $42 and had an NAV of $38. Sue sold the fund today when the NAV is $44 and the market price is $43. The fund paid $1 in dividends over the past year. Sue's holding period return?© BrainMass Inc. brainmass.com October 2, 2020, 5:17 am ad1c9bdddf
Before I show the computation for the holding period return (HPR), let us define closed-end mutual fund first. According to Investopedia, "publicly traded investment company that ...
Computation of holding period return of a closed-end mutual fund.