In: Finance
Eveningstar open-end fund has 1,000 shares outstanding and has the following assets in the portfolio: 200 shares of P&G priced at $20; 250 shares of Intel priced at $60; and 300 shares of Microsoft priced at $50. The Morningstar closed-end fund has the following stocks in its portfolio: 200 shares of P&G and 200 shares of Microsoft. It has a total of 500 shares outstanding.