Definition: The per-share value of a fund calculated at any point in time, not necessarily the end of the trading day as with the closing NAV. The calculation is the same: assets less liabilities, divided by shares outstanding.
Example: A fund with $50 million in assets, $5 million in liabilities, and two million outstanding shares would have a calculated NAV of $22.50 per share.
Explore the IVP NAV Solution
The IVP NAV Solution makes it easy for funds to establish the calculated NAV. It enables real-time NAV finalization for multiple funds with complete traceability for specific NAV components. It centralizes NAV oversight in one intuitive experience with automated exception identification and trend analysis, so asset managers can quickly and easily remediate NAV anomalies at the key component, share class, and security level.
