NAV


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NAV

Net Asset Value

In stocks and businesses, an expression of the underlying value of the company. That is, it is a statement of the value of the company's assets minus the value of its liabilities. One way of thinking about the net asset value is that it is the underlying value of a company, not the value dictated by the supply and demand of shares or its market capitalization. It is also called the book value.

NAV

Net asset value (NAV).

The NAV is the dollar value of one share of a fund. It's calculated by totaling the value of all the fund's holdings plus money awaiting investment, subtracting operating expenses, and dividing by the number of outstanding shares.

A fund's NAV changes regularly, though day-to-day variations are usually small.

The NAV is the price per share an open-end mutual fund pays when you redeem, or sell back, your shares. With no-load mutual funds, the NAV and the offering price, or what you pay to buy a share, are the same. With front-load funds, the offering price is the sum of the NAV and the sales charge per share and is sometimes known as the maximum offering price (MOP).

The NAV of an exchange traded fund (ETF) or a closed-end mutual fund may be higher or lower than the market price of a share of the fund. With an ETF, though, the difference is usually quite small because of a unique mechanism that allows institutional investors to buy or redeem large blocks of shares at the NAV with in-kind baskets of the fund's stocks.

References in periodicals archive ?
Simon Henrick, from the Green Flag breakdown firm, said: "Sat navs canZafar literally send you down the wrong path."
Fitch believes NAV's debt will be relatively stable in the near term compared to the end of fiscal 2017 and that NAV will be able to refinance a portion of approximately $600 million of convertible debt maturities during the next 12 months.
It is also recommended to register your sat nav on www.immobilise.com as if it is ever lost or stolen this can increase the likelihood of getting it back.
It represents the second of five tranches with a total value of up to USD150m, which will lift NAV Canada's holding in Aireon to a maximum of 51%.
Of course, the proposed requirement that prime funds move to a floating NAV was a step back from an SEC draft proposal last year that would have required a floating NAV for all money market funds.
Multifamily REITs lagged behind all other sectors, with a median discount to NAV of 9.2%, the largest discount among all U.S.
Colin Cookson, managing director of global liquidity at U.K.-based Aviva Investors, argues that treasurers' concerns about a floating NAV are not justified.
A selection of your comments left on our website, Twitter and Facebook pages A Sat Nav slip-up took a rookie driver the wrong way down Newcastle's central motorway.
[ClickPress, Thu Feb 16 2012] New research from Confused.com has revealed that Sat Navs have caused over Au203m worth of damage to drivers on UK roads, through accidents caused by misleading directions.With the Department for Transport holding its first ever Sat Nav Summit in March, the issue of misleading Sat Navs has become an ever-increasing problem across the nation.
[USPRwire, Thu Feb 16 2012] New research from Confused.com has revealed that Sat Navs have caused over Au203m worth of damage to drivers on UK roads, through accidents caused by misleading directions.With the Department for Transport holding its first ever Sat Nav Summit in March, the issue of misleading Sat Navs has become an ever-increasing problem across the nation.
Worldwide Computer Products News-6 November 2009-Zetadocs for Microsoft Dynamics NAV 3.0 introduced by Equisys(C)1995-2009 M2 COMMUNICATIONS http://www.m2.com
Rather than solving in-car quarrels, research by Churchill Car Insurance reveals eight per cent of men have argued with another passenger about the sat nav itself.