What is net asset value per share (NAVS)?

Also known as book value per share, the net asset value per share (NAVS) is the value per share of a mutual fund, ETF, or closed-end fund. It is declared once a day after the close of the U.S. stock market, though the actual market price per share of a particular fund may be higher than its NAVS.

What is the net asset value of a fund?

The net asset value, or NAV, of a fund is the per-share value of a fund's underlying assets at the close of the trading day. It's different from the market price of an exchange-traded fund, or ETF, which is the price at which investors buy or sell shares while the market is open.

What is net asset value per share?

The net asset value per share of a mutual fund refers to the price at which investors buy and sell shares on a regular trading day. However, it is different from exchange-traded funds, which trade like stocks throughout the day.