Expense Fluctuation Exception Report

Owned by Copy Page Tree (Unlicensed)
Last updated: Oct 03, 2023 by Nancy Cohn (Deactivated)
2 min read

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. In Accounting Center, in the left navigation pane, click Reports > Investment Accounting Reports > Expense > Expense Fluctuation Exception Report. 
    You see the Expense Fluctuation Exception Report panel.

  2. Complete the options on the Expense Fluctuation Exception Report panel.

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

  4. Click Submit.
    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 Report Panel Options

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

Option

Description

Option

Description

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 basisFor 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 TotalThe 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 amountThe default is 0.000100.

Ledger Profile

Specifies the ledger profileFor example, EXPENSEFLUCTUATION, as provided by Eagle.

Advanced Report Options

Allows you to show/hide advanced report sort options. The default is No.

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