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The Good Pick Closed-End Fund turned in the following performance for the year 2019: a. Based on this information, what was the NAV-based HPR
The Good Pick Closed-End Fund turned in the following performance for the year 2019: a. Based on this information, what was the NAV-based HPR for the GPCEF in 2019? b. Find the percentage (%) premium or discount at which the fund was trading at the beginning of the year and at the end of the year. Note: For a discount enter a negative value. c. What was the market-based HPR for the fund in 2019? Did the market premium or discount add to or hurt the holding period return on this CEF? Explain. a. The NAV-based HPR for the GPCEF in 2019 is %. (Round to two decimal places.) b. The premium (or discount) at the beginning of the period was %. (Round to two decimal places. Enter a premium as a positive number and a discount as a negative number.) The premium (or discount) at the end of the period was %. (Round to two decimal places.) Data table Item NAV Market price of the fund shares Dividends paid over the year Capital gains distributed over the year Beginning of the Year $7.56 $7.85 $0.00 $0.00 End of the Year $9.26 $9.02 $1.24 $0.94 - X
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a NAV based HPR NAV1 NAV0 D1 CG1 NAV0 100 929 751 134 095 751 100 5419 b Premi...Get Instant Access to Expert-Tailored Solutions
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