The per share net asset value of the shares in a closed-end investment company depends on the difference between the fund's assets and liabilities and the number of shares outstanding.

Question

Quizplus · Accepted Answer

The per share net asset value (NAV) of a closed-end investment company is calculated by dividing the difference between the fund's total assets and total liabilities by the number of shares outstanding. This gives investors a measure of what one share of the fund is worth based on the underlying assets minus liabilities.

The Per Share Net Asset Value of the Shares in a Closed-End