RE:RE:Calculating NAV - Question on Dividends Receivableoldbrit34 wrote: I believe that any stock held by the fund that goes ex dividend is a receivable until the dividend is received. Once the fund has the cash in its hands then it can be included as part of the NAV. In the world of accounting no receivable can be taken as the same as 100% cash until you have been paid.
In the world of accounting a receivable is an asset and given we are talking about Net Asset Value (NAV) it is included.