Versions Compared

Old Version 3

changes.mady.by.user Nancy Cohn

Saved on

compared with

New Version Current

changes.mady.by.user Nancy Cohn

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.
titleContent on this page:

Portfolio Turnover reports display the activity level for the fund, which is an indicator of the future effect of transaction costs on the returns for the fund. You can use exclude rules in Eagle Accounting to filter the Eagle data warehouse holdings and transactions used for reporting. You must set must set up portfolio turnover reports before reports before you can submit the reports for processing. You can then use the Portfolio Turnover Reporting panel to choose the type of portfolio turnover report output you want to create.

You can run the report for a group of portfolio turnover exclude rules defined for a report profile. This allows you to create multiple portfolio turnover calculations based upon different rule setups and allows you to generate multiple portfolio turnover calculations for a single entity. For example, one calculation can exclude all short security positions and transactions, while another calculation includes them. 

Portfolio Turnover Summary Report

The Portfolio Turnover Summary report displays the rate at which securities are bought and sold over a period of time. The report displays the turnover rate for a given period of time. The turnover rate is the lesser of the ratio of long term securities purchased to the fund's average long term month end market values and the ratio of long term securities sold to the fund's average long term month end market values.

To create the Portfolio Turnover Summary report:

PanelborderColor#9F9F9FtitleColor#F7F9F9titleBGColor#B48436borderStyledashed

Advanced report views available for this report include:

  • Summary. This view displays summary results.

  • Government Breakdown. This view displays government securities included in the results, broken out into included buy and sell transactions.

On this page

Table of Contents
maxLevel
1
2
minLevel2
indent2 px


To create the Portfolio Turnover Summary report:

  1. In Accounting Center, in the left navigation pane, click Reports > Compliance Reports > Portfolio Turnover > Portfolio Turnover Reporting. 
    You see the Portfolio Turnover Reporting panel.

  2. Click the Select Report list and select Portfolio Turnover Summary.

  3. Complete the options on the Portfolio Turnover Reporting panel.

  4. Under Result Options, click Grid or Advanced Report for the report view you want.

  5. Click Submit.
    The report results appear on your desktop for the view selected.

Portfolio Turnover Summary Panel Options

A definition of the options on the Portfolio Turnover Reporting panel for the Portfolio Turnover Summary report follows.

Option

Description

Portfolio Turnover Report

Select Report

Displays

Specifies the Portfolio Turnover report name. For example, Portfolio Turnover Summary.

Entity ID

Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by the entity ID of the entity.

Turnover Exclude Group Name

Specifies the group name for the set of portfolio turnover exclude rules to use to exclude transactions from the selected Portfolio Turnover report. When the system runs the report, it uses the group of portfolio turnover exclude rules that you specify for the report. If you do not specify a group name, the system uses the portfolio turnover Group Name defined at the entity level to exclude transactions for the selected entity. If you do not specify an entity-level group, the system uses portfolio turnover exclude rules that are not assigned to a group.

Value Short Positions

Indicates whether to value short positions as negative. Options include Negative (Default) or Positive.

Market Value Start Date

Specifies the monthly market value start date for your report results. The default is today's date. You can use a wider number of months than the date range of your positions. For example, you can specify a 13-month set of market value averages to compare to a 12-month range of trades.

Trade Start Date

Specifies the starting trade date for your report results.

Report End Date

Specifies the end date for your report results.

Report Type

Specifies the type of monthly market value averages used for the report calculations. Options include:

  • Accounting Date (Default)

  • Month End Accounting Date

Show Cancel

Allows you to show cancel transactions in your report results.

The default is

Options include Yes (Default) and No.

Include Prior Period Transactions

Allows you to include prior period transactions in your report results.

The default is Yes

Options include Yes (Default) and No.

Portfolio Turnover Trade Detail Report

The Portfolio Turnover Trade Detail report displays the fund trade details that were included and excluded from the Portfolio Turnover Summary report results.

To create the Portfolio Turnover Trade Detail report:

  1. In Accounting Center, in the left navigation pane, click Reports > Compliance Reports > Portfolio Turnover > Portfolio Turnover Reporting. 
    You see the Portfolio Turnover Reporting panel.

  2. Click the Select Report list and select Portfolio Turnover Trade Detail.

  3. Complete the options on the Portfolio Turnover Reporting panel.

  4. Under Result Options, click Grid or Advanced Report for the report view you want.

  5. Click Submit.
    The report results appear on your desktop for the view selected.

Portfolio Turnover Trade Detail Panel Options

A definition of the options on the Portfolio Turnover Reporting panel for the Portfolio Turnover Trade Detail report follows.

Option

Description

Portfolio Turnover Report

Select Report

Displays

Specifies the Portfolio Turnover report name. For example, Portfolio Turnover Trade Detail.

Entity ID

Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by the entity ID of the entity.

Turnover Exclude Group Name

Specifies the group name for the set of portfolio turnover exclude rules to use to exclude transactions from the selected Portfolio Turnover report. When the system runs the report, it uses the group of portfolio turnover exclude rules that you specify for the report. If you do not specify a group name, the system uses the portfolio turnover Group Name defined at the entity level to exclude transactions for the selected entity. If you do not specify an entity-level group, the system uses portfolio turnover exclude rules that are not assigned to a group.

Value Short Positions

Indicates whether to value short positions as negative. Options include Negative (Default) or Positive.

Trade Start Date

Specifies the starting trade date for your report results.

Report End Date

Specifies the end date for your report results.

Report Type

Specifies the type of monthly market value averages used for the report calculations. Options include:

  • Accounting Date (Default)

  • Month End Accounting Date

Show Cancel

Allows you to show cancel transactions in your report results.

The default is

Options include Yes (Default) and No.

Include Prior Period Transactions

Allows you to include prior period transactions in your report results. Options include Yes (Default) and No.

Portfolio Turnover Monthly Market Value Report

The Portfolio Turnover Monthly Market Value report displays the average monthly market values calculated for the fund when you set up portfolio turnover reports.

To create the Monthly Market Value report:

  1. In Accounting Center, in the left navigation pane, click Reports > Compliance Reports > Portfolio Turnover > Portfolio Turnover Reporting. 
    You see the Portfolio Turnover Reporting panel.

  2. Click the Select Report list and select Monthly Market Value.

  3. Complete the options on the Portfolio Turnover Reporting panel.

  4. Under Result Options, click Grid or Advanced Report for the report view you want.

  5. Click Submit.
    The report results appear on your desktop for the view selected.

Portfolio Turnover Monthly Market Value Panel Options

A definition of the options on the Portfolio Turnover Reporting panel for the Monthly Market Value report follows.

Option

Description

Portfolio Turnover Report

Select Report

Displays

Specifies the Portfolio Turnover report name. For example, Monthly Market Value.

Entity ID

Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by the entity ID of the entity.

Turnover Exclude Group Name

Specifies the group name for the set of portfolio turnover exclude rules to use to exclude transactions from the selected Portfolio Turnover report. When the system runs the report, it uses the group of portfolio turnover exclude rules that you specify for the report. If you do not specify a group name, the system uses the portfolio turnover Group Name defined at the entity level to exclude transactions for the selected entity. If you do not specify an entity-level group, the system uses portfolio turnover exclude rules that are not assigned to a group.

Value Short Positions

Indicates whether to value short positions as negative. Options include Negative (Default) or Positive.

Report Start Date

Specifies the starting trade date for your report results.

Report End Date

Specifies the end date for your report results.

Report Type

Specifies the type of monthly market value averages used for the report calculations. Options include:

  • Accounting Date (Default)

  • Month End Accounting Date

Show Detail

Allows you to show details in your report results.

The default is Yes

Options include No and Yes (Default).

Portfolio Turnover Monthly Market Value Include Exclude Report

The Portfolio Turnover Monthly Market Value Include Exclude report displays the included and excluded average monthly market values by security, as calculated for the fund when you set up portfolio turnover reports.

To create the Monthly Market Value Include Exclude report:

  1. In Accounting Center, in the left navigation pane, click Reports > Compliance Reports > Portfolio Turnover > Portfolio Turnover Reporting. 
    You see the Portfolio Turnover Reporting panel.

  2. Click the Select Report list and select Monthly Market Value Include Exclude.

  3. Complete the options on the Portfolio Turnover Reporting panel.

  4. Under Result Options, click Grid or Advanced Report for the report view you want.

  5. Click Submit.
    The report results appear on your desktop for the view selected.

Portfolio Turnover Monthly Market Value Include Exclude Panel Options

A definition of the options on the Portfolio Turnover Reporting panel for the Monthly Market Value Include Exclude report follows.

Option

Description

Portfolio Turnover Report

Select Report

Displays

Specifies the Portfolio Turnover report name. For example, Monthly Market Value Include Exclude.

Entity ID

Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by the entity ID of the entity.

Turnover Exclude Group Name

Specifies the group name for the set of portfolio turnover exclude rules to use to exclude transactions from the selected Portfolio Turnover report. When the system runs the report, it uses the group of portfolio turnover exclude rules that you specify for the report. If you do not specify a group name, the system uses the portfolio turnover Group Name defined at the entity level to exclude transactions for the selected entity. If you do not specify an entity-level group, the system uses portfolio turnover exclude rules that are not assigned to a group.

Value Short Positions

Indicates whether to value short positions as negative. Options include Negative (Default) or Positive.

Effective Date

Specifies the effective date for your report results.

Show/Hide Cash

Indicates whether to

show/hide cash for

include or exclude cash transactions in your report results.

The default is

Options include

  • Hide Cash. Default. Excludes cash transactions.

  • Show Cash. Includes cash transactions, including cash transactions associated with corporate actions.

Report Type

Specifies the type of monthly market value averages used for the report calculations. Options include:

  • Accounting Date (Default)

  • Month End Accounting Date

Show Detail

Allows you to show details in your report results.

The default is Yes

Options include No and Yes (Default).