When I sell a mutual fund do I get the price at that moment in the day?

Question

Or do I get the closing price of the fund at the end of the day? Thanks.

Answer 1

No, you get the price when the sale is executed.

Answer 2

Yes, mutual funds are only priced once per day, at the end of the day.  When you place a sell order, you get that day's closing price.  If you place your order after the markets are closed, you'll get the following day's closing price.

The same goes for fund purchases.