Question

- 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 had you not reinvested your income?

Answer #1

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...

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?

A year ago, the Really Big Growth Fund was being quoted at an
NAV of $21.63 and an offer price of $22.77. Today, it's being
quoted at $23.56 (NAV) and $24.80 (offer). What is the holding
period return on this load fund, given that it was purchased a
year ago and that its dividends and capital gains distributions
over the year have totaled $1.38 per share? Assume that none of
the dividends and capital gains distributions are reinvested into
the...

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.

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...

You invested $10,000 in a mutual fund 18 months ago when the NAV
of the fund was $40. You have not acquired or sold any shares since
that time. Today, the NAV is $32. The fund charges a contingent
deferred sales charge of 5 percent the first year with the charge
decreasing by 1 percent each year. How much money will he receive
if he redeems his shares today

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...

1. One year ago, Super Star Closed-End Fund had a NAV of $10.40
and was selling at an 18% discount. Today, its
NAV is $11.60 and is priced at a 4% premium. During the year, the
fund paid dividends of $.40 per share and had a capital gain
distribution of $.95 per share.
A. Calculate Super Star's NAV-based HPR for the year.
B. Calculate Super Star's market-based HPR for the year.
C. Recalculate Super Star's market-based HPR for the year,...

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...

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