Question
You invest in an Open-End fund and you want to compute your Holding Period Return. At the beginning of the period, the fund has $49M
You invest in an Open-End fund and you want to compute your Holding Period Return.
At the beginning of the period, the fund has $49M in assets, $4M in debt, and 51M in shares. At the end of the period, the fund has $48M in assets, $3M in debt, and 54M in shares. Over the period, the fund distributed $0.05 in dividends. What is your HPR?
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Personal Finance
Authors: Vickie L Bajtelsmit
2nd Edition
111959247X, 9781119592471
