Assume that one year ago, you bought 160 shares of a mutual fund for $20 per share, you received a $1.05 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $26. Calculate the percent of total return for your $3,200 investment

35.25%

Explanation:

Assumption:

Net Assets Value refers to excess of an entity's value of assets over it's liabilities. Such value is always calculated based upon market value.

Capital gain distribution = Capital Gain per share × No of shares

                                        = $1.05 × 160 shares = $168

Change in the value =  (Closing market value - Opening market value) ×  No of shares

= = $960

Total return earned = $168 + $ 960 = $1128

Initial value of investments = No of shares × opening market value per share

= 160 shares × $20 = $3200

Percentage of total return earned = = = 35.25%