Field Header Problems

[AssetHound]

I added "Share price (ending)" from the price fields pick list to my custom report recently and the header label for this field shows up as "End NAV." That's not correct and I can't seem to change this information.

What I want is the last price. The information in the field appears to be correct. The heading is just not correct.

Thanks.

[Mark]

Hi AssetHound,

That is the correct label for the ending share price, aka NAV. It is the NAV (share price) on the ending report date.

[AssetHound]

If I look at Morningstar, the net asset value and ending share price for many ETFs, and most often for CEFs, is different. For a stock, this is probably true -- but not for others. Isn't that correct?

[Mark]

Hi AssetHound,

You are right in that exchange traded funds can have a price different than their NAV, where a traditional mutual fund or stock would not. It may be better for us to change this label. The term NAV is used quite a bit throughout Fund Manager, and it is meant to be interchangeable with the share price.