Total distribution rate is the last distribution on an annualized basis as a percentage of the last closing net asset value (NAV) for a closed-end fund.

Net asset value, or NAV, represents the value of an investment fund and is calculated by adding the total value of the fund’s assets and subtracting its liabilities. Mutual funds and ETFs use NAV to ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

Note: this article was previously published for members of the Inside the Income Factory investing group. As a now retired passive income investor who supports my lifestyle with the income generated ...