Question

alison bought a popular mutual fund where its NAV was at $9.35. A year later the NAV is at $10.92. The total return for this fund from her annual statement showed that the fund gained 18.5% for the year. what percentage of this gain is attributable to dividends and capital gains distribution for the fund?

Answer 1

NAV (initial)	9.35
NAV (t = 1)	10.92
where t is the time period
Total return	18.50%
Capital gains return	((10.92 - 9.35)/9.35)*100
Capital gains return	16.79%
Gain attributable to dividends (Total return - capital gains return)	.1850 - .1679
Gain attributable to dividends	0.0171
Gain attributable to dividends	1.71%
Total return	18.50%
Capital gains return	16.79%
Gain attributable to dividends	1.71%