On January 1, 2020, Simon Loves portfolio of 15 common stocks had a market value of $265,000. At the end of May 2020, Simon sold one of the stocks, which had a beginning-of-year value of $26,300, for $32,000. He did not reinvest those or any other funds in the portfolio during the year. He recieved total dividends from stocks in his portfolio of $12,000 during the year. On December 31, 2020, Simons portfolio had a market value of $241,000. Find the HPR on Simons portfolio during the year ended December 31, 2020. (Measure the amount of withdrawn funds at their beginning-or-year value.)

Simons portfolio HPR during the year ended December 31, 2020, is _____% (Round to two decimal places.)