Net asset value
Also written NAV.
Definition
The value of a fund's portfolio per share: reported daily by ETFs and quarterly by BDCs. Compared with the market price to find a premium or discount.
On a live record
ARCC (Ares Capital) reported a net asset value of $19.31 a share and trades at $19.12. Open the ARCC record.
Written from the public record at the last refresh. Prices are 15 minutes delayed.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.