POP / Public Offering Price

Definition - What does POP / Public Offering Price mean?

POP / Public Offering Price is the price paid by an investor to purchase open end mutual fund shares. The POP is also the price set for a security the first time it is sold to the investing public.

Testopedia explains POP / Public Offering Price

POP / Public Offering Price for an open end mutual fund is determined by formula. The formula for determining the POP is NAV + SC = POP. The sales charge is added to the mutual fund's net asset value to determine the POP or public offering price. op

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