Fund Pricing and Reporting

Typically, a mutual fund begins the pricing of its portfolio when the New York Stock Exchange closes each day, which is normally 4:00 p.m. Eastern time. Most mutual funds release their daily share prices through Nasdaq. They deliver the price to Nasdaq by 5:30 p.m., and Nasdaq immediately transmits the prices to recipients such as wire services, who in turn send them to newspapers to be reported the next day.

Mutual fund prices are also available from the funds themselves by phone or Internet.