Consider the following information for XYZ, a no-load mutual fund, what is the rate of return on the fund?

1/1/2020 1/1/2019 Assets 200 million 250 million Shares outstanding 10 million 11 million The fund paid capital gain distribution of S.25 per share and income distribution of S2 per share during 2019. Assume that the total expense ratio is 1%