Net Asset Value (NAV)
Fund Analysis
Definition
The per-share value of a mutual fund or ETF, calculated by dividing total assets minus liabilities by the number of outstanding shares.
Key Points
- (Assets - Liabilities) / Shares Outstanding
- Mutual funds priced at NAV
- Updated daily after market close
Quick Info
Category
Fund Analysis
Related Topics
mutual fund
fund valuation
assets under management
Related Terms
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