Net Asset Value. The Net Asset Value of each outstanding Share of any Class shall be the quotient obtained by dividing (a) the value of the net assets belonging to that Class less the liabilities belonging to such Class by (b) the total number of Shares of that Class outstanding, all determined in accordance with the methods and procedures, including without limitation those with respect to rounding, established by the Trustees from time to time.
Appears in 59 contracts
Samples: Agreement and Declaration of Trust (SEG Partners Long/Short Equity Fund), Agreement and Declaration of Trust (FT Vest Hedged Equity Income Fund: Series A4), Agreement and Declaration of Trust (FT Vest Total Return Income Fund: Series A4)
Net Asset Value. The Net Asset Value of each outstanding Outstanding Share of any Class shall be the quotient obtained by dividing (a) the value of the net assets belonging to that Class less the liabilities belonging to such Class by (b) the total number of Outstanding Shares of that Class outstandingClass, all determined in accordance with the methods and procedures, including without limitation those with respect to rounding, procedures established by the Trustees from time to time. The Trustees may delegate any of their powers and duties with respect to valuation of the Trust’s assets and liabilities.
Appears in 1 contract
Samples: Trust Agreement (Rockefeller Municipal Opportunities Fund)
