NAV Calculator - Net Asset Value

Your details

The fair market value of everything the fund owns: securities, cash, accrued income, and receivables.
USD
All obligations the fund owes: accrued management fees, accounts payable, short-term and long-term debt.
USD
The total number of fund units or shares currently held by all investors.
Optional. The fund's annual operating cost as a percentage of net assets. Used to show the after-expense NAV and daily fee drag.
%
Used only for the insight panel - all fund types share the same NAV formula.
Currency
NAV per shareVery low leverage
19.68USD

Net asset value divided by shares outstanding

Total NAV (fund net assets)492,000,000USD
NAV per share (after annual expense)19.5521USD
Daily expense drag per share0.00035USD
Asset-to-liability ratio62.5
Total NAV (net assets)492,000,000
NAV per share (USD)19.68
NAV per share after expenses19.5521

NAV per share: $19.6800

  • The fund's total net assets are $492,000,000, which divided by the shares outstanding gives a NAV per share of $19.6800.
  • With a 0.65% annual expense ratio, each share loses $0.000350 of value per day to fees. Over one year that reduces NAV per share by $0.1279.
  • The asset-to-liability ratio of 62.5x indicates well-covered liabilities, indicating a conservatively leveraged fund.
  • Mutual fund NAV is struck at the market close each business day and is the official purchase and redemption price for investors.

Next stepCompare this NAV to the fund's recent history and benchmark to see whether the portfolio is growing. A rising NAV combined with a low expense ratio is the sign of an efficiently run fund.

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