Business, 03.03.2020 01:00 kingken3400

Consider a no-load mutual fund with $400 million in assets, 50 million in debt, and 15 million shares at the start of the year and with $500 million in assets, 40 million in debt, and 18 million shares at the end of the year. During the year investors have received income distributions of $.50 per share and capital gain distributions of $.30 per share. If the total expense ratio is .75%, what is the rate of return on the fund

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Consider a no-load mutual fund with $400 million in assets, 50 million in debt, and 15 million share...

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