Total annual return is 46.02%
It just announced a year-end distribution of $1.20 per share in capital gains and $3.50 in dividends.
Assuming the NAV increased from $33.87 to $44.76, total annual return is
The total return rate (which is required to get the annualised return): Ending value - starting value / starting value
46.02%
((3.5+1.2+44.76)-33.87)/33.87
=46.02%
annual return = 40.02%
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