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Funds 102: Net Asset Value

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1.
In a mutual fund table, the "YTD%" column shows the _______.
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Change in net asset value. "YTD%" is the percent change of NAV of the year to date.
2.
Mutual funds that hold stock may experience increases in their net asset values when stock prices rise.
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True. Rising stock prices raise the values of those mutual funds that include them.
3.
The public offering price of a mutual fund share is the _______ plus the load.
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Net asset value. Public offering price = NAV + load.
4.
Which of the following is not included in the computation of a mutual fund's net asset value?
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The sales charge. Any sales charges are independent of the net asset value.
5.
Media quotes of closed-end funds carry all of the following except ________.
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Number of shares outstanding. Quotes include net asset value and price, but no information on outstanding shares.