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NAV shows per-unit value, not performanceHigh or low NAV doesn’t determine returnsNAV guides transactions, not investment ...
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 ...
Cornerstone Total Return Fund offers a high dividend yield of 15.6% with monthly payouts, making it ideal for income-focused investors. The fund trades at a premium to NAV, but this allows dividends ...
A version of this article was published in the July 2016 issue of Morningstar ETFInvestor. Download a complimentary copy of ETFInvestor here. The exchange-traded fund marketplace is littered with a ...
CLM has an automatic dividend reinvestment plan (DRIP) if a shareholder does not want cash. Here, monthly distributions are ...