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PWRL

NASDAQU.S. Equity
Powerlaw Corp.
Sponsor: Powerlaw · Inception May 27, 2026 · Pays monthly
Market priceShare price
$11.98
+2.31% (+$0.27)
NAVAsset value per share
$13.14
as of Mar 31, 2026 · SEC filing
Premium / discountPrice vs. assets
8.83% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
8.13%
regular, annualised · on NAV 7.42%
Expense ratioAnnual cost
3.63%
fee table, Sep 25, 2026
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 19, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 19, 2026, 10:41 PM EDTRegular-session prices; extended-hours quotes are not displayed.

In plain terms — Powerlaw Corp.

Shares currently cost about 8.8% less than the value of the assets behind them (a discount).

It pays regular distributions worth about 8.1% a year of the share price (7.4% of the assets). That is a payout rate, not a return: part of it may be capital being handed back.

Because the shares trade below the value of their assets, each dollar of reinvested distributions buys about $1.10 of assets — a ReinvestCapture™ rate of 8.9%, more than the payout rate itself. That is buying power, not a return.

Annual costs are 3.63% of assets.

Guided view hides the statistical panels. Switch to Expert view in the grey bar to see them. Nothing here is advice.

Price and NAV, past year

101 trading days

Snapshot

Previous close
$11.71
Day range
$11.74–$12.34
52-week range
$9.40–$40.00
VolumeVolume
125,422
latest session
Avg $ volumeDaily trading ($)
$1.8M
3-month daily average
Bid / ask
Not licensed
spread not displayed
Market capMarket value
$518M
price × 43.2M common shares
Common net assetsFund size
—
not reported
Total managed assetsAssets incl. borrowing
Not reported
requires reported leverage
StructureStructure
Closed-end fund
Perpetual
ReinvestCapture™Reinvest buying power
8.92%
$1 reinvested buys $1.10 of NAV
Distribution frequencyPays
Monthly
last $0.0812 ex Dec 21, 2026
HoldingsNumber of holdings
Not loaded

Valuation vs. history

WindowAverage prem/discStd. dev.Z-scoreObservations
3 months———0
6 months———0
1 year———0
3 years————
5 years————

Current contemporaneous premium/discount — (close Oct 19, 2026 vs NAV Mar 31, 2026). 1-year range — to —. A negative Z-score means a wider discount than the window average — not that the fund is undervalued.

Series1M3MYTD1Y3Y (ann.)5Y (ann.)
Market price return+5.18%-3.23%————
Market price total return+5.18%-3.23%————
NAV return——————
NAV total return——————

Through Oct 19, 2026. Total return reinvests distributions at the series value on the ex-date. Cumulative ≤ 1 year, annualised beyond.

About the fund

Powerlaw Corp. is a venture capital fund specializing in directly investing. It prefers investing in growth capital and late stage. The fund prefers to invest in private technology companies, technology: artificial intelligence, next-generation software, modern aerospace and defense, and leading consumer technology platforms and enterprise SaaS sectors.

CEF Explorer research page for Powerlaw Corp.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.