Question

You invested in the? no-load OhYes Mutual Fund one year ago by purchasing 600 shares of the fund at the net asset value of ?$ 24.51 per share. The fund distributed dividends of ?$2.11 and capital gains of ?$1.58. ?Today, the NAV is ?$26.20. If OhYes was a load fund with a 3.5?% ?front-end load, what would be the? HPR?

Answer #1

Holding Period Return (HPR) for returns over multiple years can be calculated as follows:

Holding Period Return = Income + (End of Period Value – Initial Value) / Initial Value

Initial investment = share purchased * NAV + front end load

= 600 * 24.51 + (0.035 * (600 * 24.51))

= 14,706 + 514.71 = 15220.71

Dividend income = 600 * 2.11 = 1,266

Capital gain = 1.38 * 600 = 828

Ending value = 600 * 26.20 = 15,720

Putting these value in formuls :

HPR = (828 + 1266) + (15,720 - 15,220.71) / 15220.71

= 0.1703 or 17.03 %

You invested in the no-load OhYes Mutual Fund one year ago by
purchasing 700 shares of the fund at the net asset value of $25.46
per share. The fund distributed dividends of $2.67 and capital
gains of $2.12. Today, the NAV is $27.15. What was your holding
period return?
Your holding period return was _%.

1.You invested in the no-load OhYes Mutual Fund one year ago by
purchasing 800 shares of the fund at the net asset value of $25.75
per share. The fund distributed dividends of $1.81 and capital
gains of $1.64. Today, the NAV is $26.84. If OhYes was a load
fund with a 2% front-end load, what would be the HPR?
2.One year ago, Super Star Closed-End Fund had a NAV of$10.38
and was selling at a(n) 16% discount. Today, its NAV...

Three years? ago, you invested in the Future Investco Mutual
Fund by purchasing 1,000 shares of the fund at the price of $ 19.51
per share. Because you did not need the? income, you elected to
reinvest all dividends and capital gains distributions. ? Today,
you sell your 1,100 shares in this fund for ?$22.02 per share. If
there were a 1?% load on this? fund, what would your rate of
return? be?
The compounded rate of return on this...

A year ago, an investor bought 600 shares of a mutual fund at
$8.56 per share. Over the past year, the fund has paid dividends
of $0.89 per share and had a capital gains distribution of $0.65
per share.
a. Find the investor's holding period return, given that this
no-load fund now has a net asset value of $9.11. ( answer in % and
2 decimal places)
b. Find the holding period return, assuming all the dividends
and capital gains...

You bought Giant Growth Fund a year ago when it had a NAV of
$21.50. The fund has a 3% front-end load. Today the fund is quoted
at a NAV of $23.04 and an offer price of $23.73. Dividends and
capital gains distributions over the year have totaled $1.05 per
share. Calculate your HPR. Recalculate your HPR if this were a
no-load fund.

Hunter invested $9500 in shares of a load mutual fund. The load
of the fund is 7?%.
When Hunter purchased the? shares, the NAV per share was
?$92.
A year? later, Hunter sold the shares at a NAV of ?$85 per
share.
What is? Hunter's return from selling his shares in the mutual?
fund?
Hunter's return from selling his shares in the mutual fund is
_%?

At the beginning of the year, you buy 800 shares in Muleshoe
Mutual Fund, which currently has a NAV of $48.10. The fund has a
front-end load of 1.8%. Over the year, the fund distributed capital
gains of $1.75 per share and dividend distributions of $1.42. At
the end of the year, the NAV was at $54.47 and the offer price was
at $55.45.
A. If you sell after one year, what is your HPR?
B. Recalculate your HPR, assuming...

A year ago, an investor bought 400 shares of a mutual fund at
$8.51 per share. Over the past year, the fund has paid dividends
of $0.83 per share and had a capital gains distribution of $0.69
per share.
a. Find the investor's holding period return, given that this
no-load fund now has a net asset value of $9.28.
b. Find the holding period return, assuming all the dividends
and capital gains distributions are reinvested into additional
shares of the...

One year ago, you invested $50,000 in the Triple Tops Equity
Income Fund and signed up for the automatic reinvestment of any
income received. At the time the fund had a NAV $35. Today, the NAV
is $38. During the year, it paid dividends of 2.10 per share and
distributed capital gains of $.40 per share.
If new shares were purchased at an average price of $40, what
was your return during the year?
What would your return have been...

A. You have $21,000 to invest. You could purchase shares in one
mutual fund or try to diversify on your own. From your investment
class you learn that you need to hold at least 25 different
securities in an equal weighted portfolio to achieve a reasonably
well diversified portfolio. If you pay an average commission of 3%
of the dollar value of the stock you buy you will have to pay
______ in commissions per stock for a total commission...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 1 minute ago

asked 1 minute ago

asked 2 minutes ago

asked 2 minutes ago

asked 3 minutes ago

asked 6 minutes ago

asked 9 minutes ago

asked 9 minutes ago

asked 9 minutes ago

asked 9 minutes ago

asked 10 minutes ago

asked 10 minutes ago