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Here is the per-share performance record of the Abacus Growth-and-Income fund for 2017 and 2016: 2017 2016 1. Net asset value, beginning of period: $54.65

Here is the per-share performance record of the Abacus Growth-and-Income fund for 2017 and 2016:

2017 2016
1. Net asset value, beginning of period: $54.65 $50.00
2. Income from investment operations:
3. Net investment income $ 1.04 $ 0.70
4. Net gains on securities (realized and unrealized) 10.38 9.50
5. Total income from investment operations $11.42 $10.20
6. Less distributions:
7. Dividends from net investment income ($0.47) ($0.32)
8. Distributions from realized gains (5.71) (5.23)
9. Total distributions (6.18) (5.55)
10. Net asset value, end of period: $59.89 $54.65

Use this information to find the rate of return earned on this fund in 2016 and in 2017. Round the answers to two decimal places. Do not round intermediate calculations.

2016 %
2017 %

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