An investor buys shares in a mutual fund for $20. At the end of the year the

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An investor buys shares in a mutual fund for $20. At the end of the year the fund distributes a dividend of $0.58, and after the distribution the net asset value of a share is $24.31. What is the investor's percentage return on the investment?
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...
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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