Discount
If the share price of an investment company is lower than the net asset value (NAV) per share, the company is said to be trading at a discount. The discount is shown as a percentage of the NAV. The opposite of a discount is a premium. It is more common for an investment company to trade at a discount than a premium. Please see Premium.
Discounts/premiums published on the company profile pages and search processes tables are calculated based on estimated data by Morningstar. For further information please see Net asset value.
