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Kenny invested $5,000 in a mutual fund, one year ago, in a no-load mutual fund when the NAV was $23.02 per share. As of today,
Kenny invested $5,000 in a mutual fund, one year ago, in a no-load mutual fund when the NAV was $23.02 per share. As of today, the fund has distributed a total of $1.34 per share in long-term gains and $.85 per share in short-term gains. The current NAV is $27.08 per share. What is Kenny's return for the year?
20.42%
23.76%
-5.62%
25.30%
27.15%
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