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20 dividends distributed capital gains distributed

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Unformatted text preview: 20 Dividends distributed Capital gains distributed Total dollar return per share $ .50 $ .35 $ 5.05 Total dollar return Beginning NAV $5.05 $21 .20 = 23 .82 % 2 6. Ending NAV Beginning NAV Change in NAV $10.90 – 11.25 – .35 Dividends distributed Capital gains distributed Total dollar return per share $ .50 .14 .29 Total dollar return Beginning NAV 7. Year Purchased 1 2 3 Totals $.29 $11.25 Investment $ 6,000 6,000 6,000 $18,000 Share Price = 2.58% Shares $ 40 30 48 $118 150 200 125 475 a) Average price (to everyone!) = $118/3 = $39.33 b) Average cost (to you) = Investment $18,000 = = $37.89 Shares purchased 475 c) The average cost is less than the average price because more shares were purchased at lower costs (based on the fixed dollar investment). 3...
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