# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Discount to NAV

Unlike regular open-end mutual funds, which are bought and sold directly from the fund company at the net asset value (NAV) of their portfolio securities, ETFs and closed-end funds trade at prices determined by the market forces of supply and demand. A fund that trades at a price less than its NAV is said to trade at a discount to its NAV.

 

Sponsors Center
Sponsored Links