Manage Mutual Funds

In the Equity/Mutual Fund panel, you can manually add and change a mutual fund. A mutual fund is a security that gives small investors access to a well-diversified portfolio of equities, bonds and other securities. Each shareholder participates in the gain or loss of the fund. Shares are issued and can be redeemed as needed. The fund's net asset value (NAV) is determined each day.

This article assumes you are familiar with the entity elections that have been made for processing mutual funds.

Content on this page:

Add Mutual Funds

To manually add a mutual fund security:

In Accounting Center, in the left navigation pane, click Setup> Securities > Manage Securities > Issue Viewer.
You see the Issue Viewer tool.
Click Add.
Click Equities and Equity/Mutual Fund.
You see the Equity/Mutual Fund panel.
Complete the options on the Equity/Mutual Fund panel.
The following fields are required to set up a mutual fund: Issue Name, Primary Asset ID Type, Primary Asset ID, Processing Security Type, Issue Country Code, Asset Currency, Settlement Currency, Income Currency, Primary Exchange Code, and Maturity Price.
Click Submit.

Change Mutual Funds

Some fields are locked when there is an existing position on the security. This is because a change would impact the existing position. These fields include Asset Currency, Investment Type, Processing Security Type, Quantity Type, Price Multiplier, and Quantity Scale. Other fields are locked so they cannot be changed. See the About Locked Security Master Record Fields page for more information.

If you need to change a security master record, Eagle recommends canceling the security, making changes to the security master record, and rebooking the security.

To manually change a mutual fund:

In Accounting Center, in the left navigation pane, click Setup> Securities > Manage Securities > Issue Viewer.
You see the Issue Viewer tool.
Enter the query parameters and click Search.
You see a list of security records that meet your selection criteria in the Query Result window.
Select the security record you want to update and click Change/Equity/Mutual Fund. Or double click the security record.
You see the Change/Equity/Mutual Fund panel.
Change the options on the Change/Equity/Mutual Fund panel.
Click Submit.

Equity/Mutual Fund Panel Options

The following are the options in the Equity/Mutual Fund panel. Note options may vary according to your selections.

Option	Tag	Description
SRM Status Flag
Release Status	614	Displays the release status of the Security Reference Manager (SRM) record. This field is null when you are adding a new security.
Validation Process Flag	4569	Flags records that have been reviewed in the Security Reference Manager (SRM).
Authorize Flag	11742	Flags records that have been authorized.
Equity/Mutual Fund Identification
Issue Name	961	Specifies the name of the security.
Issue Description	962	Describes the security.
Ticker	13	Specifies the system of letters used to uniquely identify a security.
CUSIP/SEDOL Check Digit Control Flag	2292	Indicates whether you want to generate or validate CUSIP and SEDOL numbers. Options include: Generate Check Digit. Generates the remaining numbers if you enter part of the CUSIP or SEDOL number. Validate Check Digit. Validates the CUSIP and SEDOL number you enter is correct.
Primary Asset ID Type	1432	Specifies the primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL.
Primary Asset ID	14	Specifies the primary asset identifier for the security.
Alt Asset ID Type	5501	Specifies an alternate asset identifier type for the security.
Alt Asset ID	1795	Specifies the alternate asset identifier for the security.
Equity/Mutual Fund Xreference Identification
CUSIP	1952	Specifies the Committee of Uniform Security Identification Procedure (CUSIP), a unique identification number that identifies the security issue.
ISIN	1955	Specifies the International Security Identification (ISIN), a unique international identification number that identifies the security issue.
Sedol	1958	Specifies the Stock Exchange Daily Official List (SEDOL) number, a unique identification number that identifies the security issue.
Reuters	1961	Specifies the Reuters identification number that identifies the security issue.
Bloomberg ID	1964	Specifies the Bloomberg identification number that identifies the security issue.
SICOVM	1967	Specifies the SICOVM identification number that identifies the security issue.
Valoren	1970	Specifies the Valoren identification number that identifies the security issue.
CEDEL	1973	Specifies the Centrale de Livraison de Valuers Mobilieres (CEDEL) identification number that identifies the security issue.
INTERNAL	1976	Specifies the internal identification number that identifies the security issue.
CINS	1979	Specifies the CINS identification number that identifies a foreign security issue. The CINS numbering system is an extension of the CUSIP numbering system.
Xref Exchange	1981	Specifies the exchange where the security is traded.
Equity/Mutual Fund Details
Investment Type	11	Displays the type of investment you are adding. For example EQ (equity).
Processing Security Type	3931	Specifies the code that the system uses to identify the type of security you are adding. For example, EQEQMF, Mutual fund.
Security Type	82	Specifies the security type.
Sub Security Type	1464	Specifies the sub security type.
Granularity Category	11476	Specifies the asset's classification for ledger granularity purposes. If the security attributes available for ledger granularity account breakouts (security type, long/short indicator, Federal tax indicator, market sector description, affiliated/unaffiliated, and issue country) do not provide enough detail, you can use a granularity category to classify the asset for ledger reporting. Code values are maintained under the GRANULARITY_CAT code category.
Cost Basis Rule Type	2817	Specifies the cost basis rule type for cost basis reporting.
Quantity Type	12	Specifies the quantity generally accepted as a standard for exchange, such as shares and par.
Price Multiplier	18	Determines what the system uses for a price. In the case of a mutual fund, the system defaults to a price of 1.00. You should not change this value once a position exists.
Quantity Scale	19	Calculates the ratio of units bought to units used for earnings. The default is 1, so that 1 unit of par purchased equals one unit of earnings. You should not change this value once a position exists.
Country of Risk	2288	Specifies the issuer of the security's principal place of business.
Country of Risk Code	10536	Specifies the code of the issuer of the security's principal place of business.
Issue Country	2290	Specifies the name of the country that issued the security.
Issue Country Code	1418	Specifies the identification number that represents the country that issued the security.
Asset Currency	85	Specifies the currency in which the security is priced.
Settlement Currency	63	Specifies the currency in which the security is settled.
Income Currency	1186	Specifies the currency in which the security pays income.
Issue Tax Type	668	Identifies the security's tax structure. It is used with global tax withholding and tax reclaim processing. NOTE: Do not select All when setting up the tax structure for a security using this panel.
Primary Exchange	2291	Specifies the marketplace in which the security is traded.
Primary Exchange Code	17	Specifies the code of the marketplace in which the security is traded.
Region	5423	Specifies a region. It does not necessarily mean the location of the exchange in which a security is traded. For example, suppose you have a Canadian bond that trades in the London Stock Exchange. You may want to set the region to Canada or North America.
State Code	1343	Specifies the state in which the security is issued.
Dividend Frequency	3213	Projects cash flows and processes PIK preferred corporate actions. Options include: Annual. The dividends are forecasted once a year. Monthly. The dividends are forecasted monthly. No Schedule. No dividends are forecasted for the security. Quarterly. The dividends are forecasted quarterly. Semi-Annual. The dividends are forecasted twice a year. 3 Times a Year. The dividends are forecasted three times a year.
Indicated Annual Dividend	3233	Specifies the expected amount of the dividend.
Shares Outstanding	3244	Specifies the remaining shares in the hands of investors.
SIC Code	1789	Specifies the Standard Industry Classification (SIC), a code used to categorize and uniquely identify business activities.
GL Product Code	11094	Specifies the GL product code.
Equity/Mutual Fund Flags
Convertible Indicator	3246	Indicates whether the security is a convertible bond. Options include: Yes. The security is a convertible bond. You must set up underlying security information by specifying a value in the Underlying Issue Name and Underlying Asset ID fields. No. The security is not a convertible bond. The system does not allow you to set up the underlying security information.
Close End Flag Fund	1792	Indicates whether the security is part of an open end fund. Options include: Yes No
RIC Flag	1445	Indicates whether the security is issued from a Registered Investment Company (RIC). Options include: Yes No
PIK Flag	1777	Indicates whether the security is a PIK (payment in kind) preferred stock. Options include: Yes No NOTE: This field must be set to Yes to add a PIK preferred corporate action.
Restricted Flag	1139	Indicates any trade restrictions on the security. Options include: 144A. An SEC rule modifying a two year holding period requirement on privately placed securities to permit qualified institutional buyers to trade the positions among themselves. Reg S. Various SEC rules relating to offers and sales made outside the U.S. without SEC Registration. Reg D. An SEC regulation governing private placement exemptions. This rule allows some companies to raise capital through the sale of equity or debt securities without having to register the securities with the SEC. Private Placement. The raising of capital using private rather than public placement. The result is the sale of securities to a relatively small number of investors. 4(2) Paper Other None Yes
Multi Listed Flag	4565	Indicates whether the security is listed, traded, and priced on multiple trading exchanges. Options include: Yes No
Refund Indicator	3132	Indicates whether the security is eligible for pre-refunding, an entire issue call, or a mandatory put. Options include: None. Not applicable. Pre-Refunded. The security is eligible for pre-refunding. Entire Issue Call. The call option for the security applies to the entire issue. Mandatory Put. The put option for the security is mandatory.
144A Eligible Indicator	1301	Indicates whether the security is 144A eligible. Options include: Yes No This field applies to debt instruments and is used for reference only.
Look Thru Value	1808	Specifies the underlying security.
Look Thru Ind	1776	Used to view exposure to the underlying security, index, or portfolio.
QDI Eligible Flag	2905	Identifies securities that are QDI (qualified dividend income) eligible. QDI (qualified dividend income) is a category of dividend income that is taxable at lower rates than ordinary income under the Jobs and Growth Tax Relief Reconciliation Act of 2003. The Tax Relief, Unemployment Reauthorization, and Job Creation Act of 2010 extended the QDI expiration date through the end of 2012. QDI is defined as dividends received from domestic corporations and certain foreign corporations. Options include: Yes No NOTE: You must set the QDI Eligible Flag field (tag 4487) to No at the entity or master fund level. Otherwise, the system uses dividends with countries populated on the QDI Tax Treaty table to determine QDI eligibility.
PFIC Flag	2906	Indicates Passive Foreign Investment Company (PFIC) security eligibility. Options include: Yes No NOTE: Dividends from PFICs, foreign personal holding companies, and foreign investment companies are not QDI eligible. To manually exclude PFICs from QDI eligibility, use the Add Security Processing Rule panel to add a security processing rule. Once you add the rule, use the Change Security Processing Rule panel to set the new PFIC Flag field (tag 2906) to Yes. You can then update the security master file record by setting the PFIC Flag field (tag 2906) to Yes and applying the security processing rule by selecting a value from the Security Processing Rule ID field (tag 2964). Next, use the Add Entity Basis Processing Rule panel to add an entity basis processing rule. You can add different processing rules with different securities in the event that all security PFIC rules do not apply to all entities. Once you add the rule, use the Change Entity Basis Processing Rule panel to add additional securities. Finally, add the Entity Basis Processing Rule ID field (tag 2965) at the entity level.
DRD Flag	2907	Indicates DRD eligibility. Options include: Yes No
Hybrid Flag	2908	(For Future Use). Indicates whether the security is a hybrid. Options include: Yes No
SVO Category	5856	Specifies the Securities Valuation Office category for the security.
Inactive Flag	11043	Indicates whether the security is inactive. Options include: Yes. The system reports the security as inactive. No. The system reports the security as active. NOTE: If this field is set to Yes, no trades are allowed.
Convertible/Underlying Information
Underlying Security ID	1348	Specifies the identifier of the security in which a convertible bond is converted.
Underlying Issue Name	1141	Specifies the name of the security in which a convertible bond is converted.
Underlying Ticker	1349	Specifies the ticker of the underlying security.
Underlying Type	916	Specifies the underlying security type.
Conversion Ratio	215	Specifies the number of shares of the underlying security the owner of the parent security receives based on converting 1000 units of the parent security.
GICS Industry Information
GICS Sector	10181	Specifies the GICS sector code for the security. Code values are maintained under the GICSSECTOR code category.
GICS Sector Name	10182	Displays the GICS sector name for the security associated with the GICS sector.
GICS Industry Group	10183	Specifies the GICS industry group code for the security. Code values are maintained under the GICSINDGROUP code category.
GICS Industry Group Name	10184	Displays the GICS industry group name for the security associated with the GICS industry group.
GICS Industry	10185	Specifies the GICS industry code for the security. Code values are maintained under the GICSINDUSTRY code category.
GICS Industry Name	10186	Displays the GICS industry name for the security associated with the GICS industry.
GICS Sub Industry	10187	Specifies the GICS sub industry code for the security. Code values are maintained under the GICSSUBIND code category.
GICS Sub Industry Name	10188	Displays the GICS sub industry name for the security associated with the GICS sub industry.
Issuer Information
Credit Enhancement	1532	Indicates whether the security is credit enhanced. Options include: Yes. The security is credit enhanced. None. The security is not credit enhanced.
Issue Name	2285	Specifies the name of the issuer.
Issuer ID	1413	Specifies the identifier of the company or municipality that offered the security for sale.
Country of Incorporation Code	1174	Specifies the ISO country code in which the issuer of the security was incorporated.
Issuer Industry	1417	Specifies the issuer industry.
Legal Entity Identifier (LEI)	5089	Displays the Legal Entity Identifier (LEI) that identifies the issuer as a financial party. If an LEI value is present, the Legal Entity Identifier Details section appears.
Legal Entity Identifier Details
Legal Name	5090	Displays the legal name of the issuer as the financial party registered with the LEI.
Entity Status	5091	Displays the status of the issuer. For example, ACTIVE and INACTIVE.
Legal Form	5092	Displays the legal form of the issuer as financial party registered with the LEI. For example, CORPORATION.
Assigned Date	5093	Displays the date when the issuer's LEI was assigned.
Last Update Date	5094	Displays the date when the issuer's LEI information was last updated.
Disabled Date	5095	Displays the date when the issuer's LEI information was disabled.
Record State	5096	Displays the record state for the issuer's LEI. The record state indicates the current process status of the CFTC Interim Compliant Identifier (CICI) record. For example, UNDER_REVIEW, DUPLICATE, CONFLICTING_SOURCES, INADEQUATE_SOURCES, VALIDATED, PENDING_REMOVAL.
Certification State	5097	Displays the certification state used to register the issuer's LEI. For example, CERTIFIED, NOT_CERTIFIED, STALE.
Street	5098	Displays the street address used to register the issuer's LEI.
City	5099	Displays the city used to register the issuer's LEI.
State	5100	Displays the state code used to register the issuer's LEI.
Zip	5180	Displays the ZIP code used to register the issuer's LEI.
Country Code	5181	Displays the country code used to register the issuer's LEI.
Accrual Information
Security Processing Rule Name	3197	Specifies the name of the processing rule used for the security.
Security Processing Rule ID	2964	Displays the rule instance for the security processing rule.
Accrual Flag	2932	Indicates accrual processing. Options include: Yes No
Amortization Flag	11104	Indicates amortization processing. Options include: Yes No
Debt Coupon Periods
Coupon	70	Specifies the rate at which the security accrues interest. It is expressed as an accrual rate. A value of zero is required for zero coupon bonds.
Coupon Type Code	97	Indicates the type of coupon associated with the security. Options include: Floating Rate. The security has fixed coupon dates and uses a variable rate that is based on an underlying index and index offset to calculate the coupon to use for earnings. You must enter the rate in the Variable Rate table. Variable Rate. The security has fixed coupon dates and uses a variable rate based on the security identifier to calculate the coupon for use in earnings. You must enter the rate in the Variable Rate table. Inverse Floater. The security has fixed coupon dates and uses a variable rate whose coupon rate is calculated inversely to the underlying index to which it is attached. When you select this value, the system displays the following fields: Inverse Floater Rate, Inverse Floater Multiple, Underlying Issue Name, Underlying Asset ID, and Index Offset. You must enter the rate in the Variable Rate table. Step Rate. The security has fixed coupon dates and uses a variable rate based on the security identifier to calculate the coupon for use in earnings. You must enter the rate in the Variable Rate table. The system recognizes this option as a step bond (also called a step coupon bond, step up bond, or step down bond). Fixed Rate. The security has fixed coupon dates and has a fixed coupon rate to calculate the coupon for use in earnings. Unscheduled Variable Rate. The security has unscheduled payments and accrues interest based on the rate you enter in the Variable Rate table.
Day Count Basis	471	Specifies the number of days assumed in a month or year when interest rates are quoted.
Payment Frequency	2287	Specifies the frequency at which the security pays interest.
Payment Frequency Code	472	Specifies the code that represents the payment frequency.
Business Day Convention	1536	Determines when a coupon should pay interest should the scheduled coupon due date occur on a non-business day.
Business Calendar Name	1480	Specifies the business calendar for the security. The system uses the value to identify business days and non business days for the purposes of determining the coupon payment date and coupon payment schedules.
Day of Month Override	1533	Identifies the day of the month or business day of the month on which the security is to pay income. This is based on the business calendar.
Interest Payment Timing	1523	Specifies the day of the month in which interest is paid. Options include: Last Day of Month Same Day of Month None
Delay Days	1799	Specifies the number of days between the end of the accrual period and the actual receipt of the coupon and principal payment. The system uses this value in the creation of coupons, paydown transactions, and payup transactions, as well as in the Cash Flow Projections report.
Coupon Delay Days	4908	Specifies the number of days to extend the coupon period. This field is not required for a mutual fund.
Coupon Delay Days Type	3999	Specifies the coupon delay days type. Options include: Business Calendar This field is not required for a mutual fund.
Maturity Delay Days	3997	Specifies the number of days to delay generation of the maturity transaction. This field is not required for an mutual fund.
Maturity Delay Days Type	3998	Specifies the maturity delay days type. Options include: Business Calendar This field is not required for a mutual fund.
Debt Dates
Issue Price	69	Specifies the original issue price of the security.
Issue Date	68	Specifies the original date of issue. The system uses this date to calculate the adjusted issue price for OID amortization. If the instrument is OID eligible, and it has a variable rate or floating rate, the rate must exist as of the issue date so that the system can calculate the adjusted issue price.
Dated Date	1183	Specifies the date the security first begins to accrue interest.
First Coupon Date	473	Specifies the date of the first coupon payment.
Last Coupon Date	474	Specifies the date of the last normal length coupon period. Eagle recommends that you enter penultimate.
Maturity Date	38	Specifies the date that the security repays all outstanding principal and stops earning interest.
Maturity Price	42	Specifies the price at which the security returns principal. This field must be set to 0, 1, or 100.
Variable Rate Next Reset Date	3006	Specifies the date of the next rate reset for a security with a variable rate coupon type.
Debt Flags
Trading Flat	3949	Indicates whether the security is trading with or without interest. Options include: Yes. The system does not calculate accrued interest purchased or sold at the time of the acquisition or disposition. In the event of a disposition mid-coupon, the system creates a coupon at the end of the coupon period based on the interest earned during the period. No. The system calculates accrued interest purchased or sold at the time of the acquisition or disposition.
OID Indicator	218	Indicates whether the security is OID (original issue discount) eligible. Options include: Yes. The security is OID eligible. For this flag to be set to Yes, the issue price must be less than the value in the Maturity Price field. The value in the Maturity Price field cannot be 0. No. The security is not OID eligible.
Zero Coupon Indicator	1300	Indicates if a zero in the Coupon field represents a zero coupon bond. Options include: Yes. The zero represents a zero coupon bond. No. The zero does not represent a zero coupon bond.
Convertible Indicator	1531	Indicates whether the security is a convertible bond. Options include: Yes. This security is a convertible bond. You must set up underlying security information by specifying a value in the Underlying Issue Name and Underlying Asset ID fields. No. This security is not a convertible bond. The system does not allow you to set up the underlying security information.
Call Flag	1182	Indicates whether the security has a call option. Options include: Yes. The security has a call option. You need to add call information for the security so that the system can calculate the yield for the security during the earnings process. No. The security does not have a call option. NOTE: This field must be set to Yes to add a call corporate action.
Put Flag	1546	Indicates whether the security has a put option. Options include: Yes. The security has a put option. You need to add put information for the security so that the system can calculate the yield for the security during the earnings process. No. The security does not have a put option. NOTE: This field must be set to Yes to add a put corporate action.
Sink Flag	1780	Indicates whether the security is eligible for sinking fund payments. Options include: Yes. The security is eligible for sinking fund payments. You need to add sink information for the security so that the system can calculate the yield for the security during the earnings process. No. The security is not eligible for sinking fund payments. NOTE: This field must be set to Yes to add a sink schedule corporate action.
Federal Tax Indicator	1545	Indicates whether the security has a U.S. Federal Tax Indicator. It is used in the SEC Yield calculation. Options include: Yes. The security has a U.S. Federal Tax Indicator. No. The security does not have a U.S. Federal Tax Indicator.
Muni Funding Flag	3131	Indicates whether an interest bearing municipal security is eligible for pre-refunding. Options include: Yes. The municipal security is eligible for pre-refunding. No. The municipal security is not eligible for pre-refunding.
AMT Flag	3113	Indicates whether a security is subject to the Alternative Minimum Tax (ATM) for individuals. Options include: Yes. The security is subject to the Alternative Minimum Tax (ATM) for individuals. No. The security is not subject to the Alternative Minimum Tax (ATM) for individuals.
Insured Flag	3104	Indicates whether a security is insured from defaulting. Options include: Yes. The security is insured. No. The security is not insured.
Default Indicator	1551	Indicates whether a security is in default. Yes. The security is in default. No. The security is not in default.
Default Date	10142	Specifies the date on which the security went into default.
IO/PO Flag	10143	Identifies interest only (IO) and principal only (PO) securities. Options include: IO. Interest only. PO. Principal only. No. No interest or principal.
Eusd Eligible	11529	Indicates whether the security is eligible for the tax equalization process. Options include: Yes No
Financial Innovation	11530	Indicates whether the security is eligible for financial innovation. Options include: Yes No
Govt Bond Flag	10347	Indicates whether the security is a government bond. Options include: US Government None
2a7 Flag	11811	Specifies 2a7 WAM processing. Options include: Adjustable Rate Government Security Floating Rate Government Security Short Term Variable Rate Security Long Term Variable Rate Security Short Term Floating Rate Security Long Term Floating Rate Security Repurchase Agreement Portfolio Lending Agreement Money Market Fund Security None
Time Sensitive Indicator	11926	Specifies whether the security uses floating rate data that changes over time if you set the Coupon Type field to Floating Rate. Options include: Yes. The security uses time sensitive information defined using SMF earnings time periods. No. Time-sensitive floating rate information does not apply to the security.
Synthetic Eligible	12024	Indicates whether the security is synthetic eligible. Options include: Yes No
Muni State Taxable Flag	10248	Indicates whether the security is subject to municipal state taxes. Options include: Yes No
Private Registration	10528	Indicates whether the security is a private registration. Options include: Yes No This field applies to debt instruments and is used for reporting and reference only.
Minimum Piece	1540	Specifies the minimum original tradable amount. This field applies to debt instruments and is used for reporting and reference only.
Private Placement	1421	Indicates whether the security is a private placement. Options include: Yes No This field applies to debt instruments and is used for reporting and reference only.
Floating Rate Information
Inverse Floater Rate	1553	Identifies the inverse floater rate, a debt instrument with a coupon rate that is calculated inversely to the underlying index that is attached to it. This field is part of the fixed rate component of the inverse floating coupon rate calculation. It becomes visible and is required when you select a Coupon Type Code of Inverse Floating.
Inverse Floater Multiple	4532	Stores the number that is multiplied by the coupon rate of the underlying index, when calculating the inverse floating rate.
Dated Date CPI	1550	Specifies the consumer price index (CPI) value for the dated date of the security. This becomes the base value for measuring inflation for the security.
Compound Information
Compounding Indicator	11875	Specifies whether the security compounds unpaid interest. Options include: Yes No If you set this field to Yes, the remaining compound information fields are required.
Compounding Method	11876	Identifies the method used for compounding interest. Options include: All. The index offset for floating rate securities is included in the compound interest calculation. Flat. The index offset for floating rate securities is not included in the compound interest calculation.
Compounding Frequency	11877	Specifies the frequency at which the security compounds interest.
First Compounding Date	11878	Specifies the first date on which the compounding begins.
Last Compounding Date	11879	Specifies the end date of interest compounding.