A closed$-$end fund has total assets of $$397,000,000$ and liabilities of $$640,000.$ There are $13$ million shareholders and $36$ million shares outstanding. One year ago the total net assets of the fund were $$390,000,000$ and it had only $12$ million shareholders. What is the premium or discount if the shares are currently selling for $$9\mathrm{.}85$ each? If you held the fund for the entire last year, what was your annual return?