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C CO OF UN NT TY YO OFF W WALSH IIN NG GT TO ON N, V VII RRG GAIN NINA A C COUNTY G GOVERNMENT C ENTER 1 GOVERNMENT CENTER PLACE, SUITE A ABINGDON, V VIRGINIA 24210TAMMY COPENHAGEN, CPA, DIRECTOR
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NV stands for Net Asset Value, which is the value of the assets held by a mutual fund, ETF, or other investment vehicle minus its liabilities.
Investment companies or financial institutions that manage mutual funds or ETFs are required to calculate and report the Net Asset Value (NAV) on a regular basis.
To fill out the Net Asset Value (NAV), investment companies or financial institutions need to calculate the total value of assets held by the fund, subtract the liabilities, and divide by the number of outstanding shares in the fund.
The purpose of Net Asset Value (NAV) is to provide investors with an accurate value of their investment in the fund and to help them make informed decisions about buying or selling shares.
The Net Asset Value (NAV) report must include the total value of assets, total liabilities, net assets, and the NAV per share of the fund.
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