An investor buys shares in a mutual fund for $21. At the end of the year the fund distributes a dividend of $0.53, and after the distribution the net asset value of a share is $24.81. What is the investor's percentage return on the investment? Round your answer to two decimal places.
percentage return=(Net asset value at end-Beginning value+Dividend)/Beginning value
=(24.81-21+0.53)/21
which is equal to
=20.67%(Approx).
An investor buys shares in a mutual fund for $21. At the end of the year...
If an investor buys shares in a no-load mutual fund for $32 and after nine years the shares appreciate to $57, what is (1) the percentage return and (2) the annual compound rate of return using time value of money? Round your answers to two decimal places.
If an investor buys shares in a no-load mutual fund for $39 and after eight years the shares appreciate to $47, what is (1) the percentage return and (2) the annual compound rate of return using time value of money? Round your answers to two decimal places. Percentage return: % The annual compound rate of return: %
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An investor purchases a mutual fund share for $100. The fund
pays dividends of $6, distributes a capital gain of $7, and charges
a fee of $5 when the fund is sold one year later for $105. What is
the net rate of return from this investment? (Round your
answer to the nearest whole number.)
An investor purchases a mutual fund share for $100. The fund pays dividends of $6, distributes a capital gain of $7, and charges a fee...
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Consider a mutual fund with $214 million in assets at the start of the year and with 10 million shares outstanding. The fund invests in a portfolio of stocks that provides dividend income at the end of the year of $2 million. The stocks included in the fund's portfolio increase in price by 8%, but no securities are sold, and there are no capital gains distributions. The fund charges 12b-1 fees of 1.00 % , which are deducted from portfolio...
Consider a mutual fund with $203 million in assets at the start of the year and with 10 million shares outstanding. The fund invests in a portfolio of stocks that provides dividend income at the end of the year of $5 million. The stocks included in the fund's portfolio increase in price by 7%, but no securities are sold, and there are no capital gains distributions. The fund charges 12b-1 fees of 0.75%, which are deducted from portfolio assets at...
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Assume that one year ago, you bought 100 shares of a mutual fund for $22 per share and that you received an income dividend of $0.22 cents per share and a capital gain distribution of $0.40 cents per share during the past 12 months. Also assume the market value of the fund is now $29 a share. Calculate the percentage of total return for your $2,200 investment. (Negative amount should be indicated by a minus sign. Do not round intermediate...