One year ago, Vanguard Mutual Closed-End Fund had a NAV of $13.57 and was selling at a 10% discount. Today, its NAV is $14.92 and it is priced at a 6% premium. During the year, Vanguard paid dividends of $0.38 and had a capital gains distribution of $1.79. On the basis of this information, calculate Vanguards market-based percent holding period return for the year.