You bought 100 shares of an open end mutual fund one year ago at $10 a share You received a $0 50 per share distribution six months ago when the fund 's NAV was $12 50 a share If the fund 's NAV at the end of the year was $12 a share, calculate your rate of return on the fund for the year ...

Calculation of Annual Rate of Return Share ...

You bought 100 shares of an open-end mutual fund one year ago at $10 a share. You

Question:

You bought 100 shares of an open-end mutual fund one year ago at $10 a share. You received a $0.50 per share six months ago when the fund's NAV was $12.50 a share. If the fund's NAV at the end of the year was $12 a share, calculate your rate of return on the fund for the year.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...