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    Computation of holding period return of a closed-end mutual fund

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    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?

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    https://brainmass.com/business/dividends-stock-repurchase-and-policy/computation-holding-period-return-closed-end-mutual-fund-579994

    Solution Preview

    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 ...

    Solution Summary

    Computation of holding period return of a closed-end mutual fund.

    $2.19

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