I'm wondering if NAV is similar to stock price. Are they comparable in some way or completely different? I'd like to understand the relationship between the two.
7 answers
Arianna
Tue Nov 05 2024
The listed NAV price is indicative of the fund's value as of the previous trading day's close.
Isabella
Tue Nov 05 2024
The NAV represents the value of each share in a mutual fund.
Thunderbolt
Tue Nov 05 2024
Unlike stock prices, which fluctuate throughout the day, the NAV remains stable until the end of the trading day.
CherryBlossomFalling
Tue Nov 05 2024
It provides investors with a snapshot of the fund's worth at a specific point in time.
TaekwondoMasterStrengthHonor
Tue Nov 05 2024
At the conclusion of each trading session, the NAV is updated to reflect the fund's current value.