Examlex
Perform division and write the answer without using negative exponents.
Fund Shares Outstanding
The total number of shares issued and currently held by investors, including restricted shares owned by the company’s officers and insiders but excluding any repurchased shares.
Capital Gain Distributions
Payments made to shareholders that result from the selling of securities within the fund’s portfolio, which are subject to capital gains taxes.
Income Distributions
Payments made from a fund or account to investors, typically from earned interest or dividends from investments.
Net Asset Value
The value per share of a mutual fund or an ETF, calculated by dividing the total value of all the securities in the portfolio, minus any liabilities, by the number of shares outstanding.
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