Questions tagged [mutual-fund]

When calculating the return of a mutual fund, do I look at the NAV(+dividends) or do mutual funds trade as different prices compared to their NAV like closed-end funds or ETFs?

I am currently collecting data for a project at University. My aim is essentially to investigate whether actively managed equity-based mutual funds outperform passive mutual funds. I am using the CRSP Survivor-Bias-Free US Mutual Fund Database as…

I am a bit confused about how to calculate Jensen's alpha, having encountered a variety of methodologies. Based on his 1967 paper, Jensen's equation for the estimation of alpha is: $\tilde{R_{jt}} - R_{ft} = \alpha_j + \beta_j[\tilde{R_{mt}} -…