Expense Fluctuation Exception Report

The Expense Fluctuation Exception report compares the expense ratios for two specified reporting periods and filters the results based on specified thresholds. You can analyze actual or annualized expense ratios.

To create the Expense Fluctuation Exception report:

1. From the Accounting Center window, click Reporting in the left navigation.
2. Double click Investment Accounting, Expenses, and Expense Fluctuation Exception.
   You see the Expense Fluctuation Exception panel.
3. Complete the fields on the Expense Fluctuation Exception panel.
4. Click Submit.
   You see the Submit Query dialog box.
5. Click Advanced Report or Classic Grid Report for the report view you want.
   The report results appear on your desktop for the view selected. Grid report and advanced report views include the Expense Fluctuation Exception for the prior and current expense ratios by share class.

Expense Fluctuation Exception Panel Options

A definition of the options on the Expense Fluctuation Exception panel follows.

Search Criteria

• Entity ID. Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by the entity ID of the entity.
• Entity Name. Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by name of the entity.
• Accounting Basis. Specifies the entity accounting basis. For example, USTAX, GAAP, or IFRS.
• Report Type. Specifies the type of date for controlling your report results.
  Options include:
  –  Accounting Date (Default)
  –  Month End Accounting Date
• Prior Period Report Start Date. Specifies the Prior Period start date for your report results. The default is the first day of the prior year.
• Prior Period Report End Date. Specifies the Prior Period end date for your report results. The default is the last day of the prior year.
• Current Period Report Start Date. Specifies the Current Period start date for your report results. The default is the first day of the current year.
• Current Period Report End Date. Specifies the Current Period end date for your report results. The default is the today's date.
• Calculation Type. Allows you to choose whether annualized or actualized formulas are used for calculation.
  Options include:
  –  Annualized (Default)
  –  Actual
• Expense Fluctuation Threshold. Specifies the value to compare to the Expense Ratio Change for the expenses in the ledger accounts related to all displayed expense types, excluding Net Total. The default is 0.000050.
• Total Expense Fluctuation. Specifies the value to compare to the Expense Ratio Change for the expenses in the ledger accounts related to the Net Total amount. The default is 0.000100.
• Ledger Profile. Specifies the ledger profile. For example, EXPENSEFLUCTUATION, as provided by Eagle.
• Advanced Report Options. Allows you to show/hide advanced report sort options. The default is No.