would receive common stock of Western Asset Global High Income Fund Inc., based on each Fund's respective net asset value per share
"As a result, the value inherent in the portfolio has been progressively released, and the underlying net asset value per share
has risen accordingly."
As on October 10, 2008, the company's total assets are around USD472m, and its net asset value per share
The offer price represented a 5.6 per cent discount to Global MENA Financial Assets's estimated net asset value per share
An adjusted diluted net asset value per share
, before a one-off exceptional charge from the planned redemption of the Unite Finance One bond, rose 7.3 per cent to 456p at the end of 2007.
Deutsche Bank is understood to predict that British Land's net asset value per share
- a key performance indicator for the sector - will have fallen by more than 16% since the end of September.
The drop marks the first time that net asset value per share
-- the outstanding balance of net assets in a fund divided by the number of investor accounts -- falls below the face value since money management funds (MMFs) were introduced in 1992, according to the Investment Trusts Association.
"AcSEC noted that investors in certain funds would be unfairly harmed if previously capitalized costs were required to be expensed immediately, leading to an immediate decrease in net asset value per share
," said Noll,
The Fund's Board of Directors wanted to reduce the Fund's net asset value per share
to reduce the aggregate price required to purchase an incremental block of Fund shares.
Net asset value per share
at June 30 rose by 44% to USD24.92 from USD17.30 in December with total return up by 45%, beating the S&P 500 index benchmark of 19%.
Reports net asset value per share
of $11.61 at March 31, compared to $11.88 at December 31, 2018.
This distribution represents an annual rate of 16.95% and 20.87% respectively, based on the fund's current share price of USD12.74 and net asset value per share
of USD10.35 as of close on 23 April 2019.