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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 for
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.) %. (Round to two decimal places. Enter a premium as a positive number and a discount as a b. The premium (or discount) at the beginning of the period was negative number.) The premium (or discount) at the end of the period was %. (Round to two decimal places.) c. The market-based HPR for the fund in 2019 is %. (Round to two decimal places.) the sale price. Therefore, it the investor's holding period return. The market premium the purchase price, and the market discount (Select from the drop-down menus. Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Item NAV Market price of the fund shares Dividends paid over the year Capital gains distributed over the year Beginning of the Year $7.55 $7.84 $0.00 $0.00 End of the Year $9.22 $9.08 $1.27 $0.95 Enter your answer in each of the a
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