Definitions for "Net asset value per share"
This is the current market value of a mutual fund share. It's calculated daily by adding together the fund's total assets, deducting liabilities, and dividing the difference by the number of outstanding shares.
The market value of the securities and assets held by the mutual fund less its current liabilities, divided by the total number of shares outstanding.
1) Net assets divided by number of outstanding shares; 2) For an open-end investment company, often the net redemption price per share; 3) For a no-load open-end investment company both the net redemption price per share and the offering price per share.