The Good Pick Closed-End Fund turned in the following performance for the year 2019 a. Based...
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The Good Pick Closed-End Fund turned in the following performance for the year 2019 a. Based on this information, what was the NAV-based HPR for the GPCEF in 2019? b. Find the percentage (%) premium or discount at which the fund was trading at the beginning of the year and at the end of the year Note: For a discount enter a negative value c. What was the market-based HPR for the fund in 2019? Did the market premium or discount add to or hurt the holding period return on this CEF? Explain a. The NAV-based HPR for the GPCEF in 2019 is % (Round to two decimal places.) Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Item NAV Beginning of the Year $7.59 $7 78 $0.00 Capital gains distributed over the year $0.00 Market price of the fund shares Dividends paid over the year End of the Year $9.27 $9.03 $1.23 $0.99 - The Good Pick Closed-End Fund turned in the following performance for the year 2019 a. Based on this information, what was the NAV-based HPR for the GPCEF in 2019? b. Find the percentage (%) premium or discount at which the fund was trading at the beginning of the year and at the end of the year Note: For a discount enter a negative value c. What was the market-based HPR for the fund in 2019? Did the market premium or discount add to or hurt the holding period return on this CEF? Explain a. The NAV-based HPR for the GPCEF in 2019 is % (Round to two decimal places.) Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Item NAV Beginning of the Year $7.59 $7 78 $0.00 Capital gains distributed over the year $0.00 Market price of the fund shares Dividends paid over the year End of the Year $9.27 $9.03 $1.23 $0.99 -
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a NAVbased HPR To calculate the NAVbased Holding Period Return HPR for the GPCEF in 2019 HPR NAVend ... View the full answer
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