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Typical funds report their NAVs when the underlying security’s prices obtained and calculated after the market closes. In today’s digital world, this takes several hours to post online the NAVs and their yield to date return in percentages. I too notice oversea funds, particular smaller cap funds, tend to be late, sometime 24 hours or more. @msf explained the root causes well above.
In 2008 GFC, many bond prices underwent free fall and frozen at market closes. I recalled Loomis Sayles bond fund went down several folds more than those of core bond funds. Dan Fuss, the fund manager explained later that they entered their estimated fair market value of the frozen bonds (as mark-to-market price). I owned a small % of LS bond and it took several years to fully recover at which I sold the fund.
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https://www.morningstar.com/articles/374934/fair-value-pricing-isnt-always-fair-but-its-needed
In 2008 GFC, many bond prices underwent free fall and frozen at market closes. I recalled Loomis Sayles bond fund went down several folds more than those of core bond funds. Dan Fuss, the fund manager explained later that they entered their estimated fair market value of the frozen bonds (as mark-to-market price). I owned a small % of LS bond and it took several years to fully recover at which I sold the fund.