Net asset value, or NAV, represents the value of an investment fund and is calculated by adding the total value of the fund’s assets and subtracting its liabilities. Mutual funds and ETFs use NAV to ...

Total distribution rate is the last distribution on an annualized basis as a percentage of the last closing net asset value (NAV) for a closed-end fund.

For mutual funds and exchange-traded funds (ETFs), the Net Asset Value (NAV) is the portfolio value of the fund, per unit. For mutual funds, transactions occur at the NAV value, but for ETFs the ...

Note: this article was previously published for members of the Inside the Income Factory investing group. As a now retired passive income investor who supports my lifestyle with the income generated ...