NAV
Net Asset Value - the per-share value of an investment fund’s assets minus liabilities, calculated daily to determine share prices.
What is NAV?
Net Asset Value (NAV) is the per-share value of an investment fund’s assets minus its liabilities, calculated daily to determine share prices for mutual funds, ETFs, or trusts. For example, if a fund has $100 million in assets and $10 million in liabilities, NAV is $90 million, or $9 per share if 10 million shares are outstanding. NAV uses tangible assets and changes with market fluctuations, providing transparency for investors in open-end funds.
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