Computation of Per Share Net Asset Value. a. Net Asset Value Per Share. The net asset value of each share of a series or class as of any particular time shall be the quotient obtained by dividing the value of the net assets of the Trust allocated to such series or class by the total number of shares of such series or class outstanding, rounded to such extent as the Board of Trustees shall determine from time to time.
Appears in 6 contracts
Samples: Agreement and Declaration of Trust (Liberty Stein Roe Funds Municipal Trust), Agreement and Declaration of Trust (Liberty Stein Roe Funds Income Trust), Agreement and Declaration of Trust (Liberty Stein Roe Funds Income Trust)