The SEC has released “Registered Fund Statistics,” based on “aggregated data" from funds filing Form N-PORT.
Grygo is the chief content officer for FTF & FTF News.
The SEC mostly taketh when it comes to data, regulatory forms, and ongoing reports. But every once in a while the regulator giveth as far as key data about trillions of dollars flowing through the securities industry.
In particular, SEC staff has just released a new report, “Registered Fund Statistics,” that is based on “aggregated data reported by SEC-registered funds on Form N-PORT.”
The Registered Fund Statistics report offers “the first aggregated report that reflects both the public and non-public information filed on Form N-PORT and most of the aggregated data in the more than 70 separate tables of the report is being made public for the first time,” according to the SEC.
“Also, the public may download the statistics reported in Registered Fund Statistics in a structured format, which will provide the historical statistical series of information with each publication of the report,” the SEC adds.
The new reporting service stems from “the aggregated data the SEC has been producing for the last decade,” says SEC Chair Gary Gensler in a statement about the report.
“Since 2014, we have published quarterly aggregated trading information data, sourced from the Market Information Data Analytics System (MIDAS), as well as monthly money market fund statistics. In 2015, we began publishing quarterly private fund statistics. Since 2022, we have been publishing data on the security-based swaps market twice a year,” Gensler says.
The SEC “has made data more accessible and usable. Since 2015, the Commission has published data sets from structured disclosures by individual registrants. Currently, the Commission publishes 12 such data sets, and we will begin publishing a Form N-PORT data set in the near future,” Gensler adds. “Further, since 2021, the Commission has made available application programming interfaces (APIs) that provide public access to financial statements and other disclosures made by publicly traded companies.”
SEC staff will update the new report on a quarterly basis. It is “designed to provide the public with a regular and detailed picture of the registered funds industry — with its more than 12,000 funds and more than $26 trillion in total net assets under management,” SEC officials say.
Jessica Wachter
The report offers key industry statistics, trends over time, and data “related to portfolio holdings, flows and returns, interest rate risk, and other exposures across U.S. mutual funds, exchange-traded funds, closed-end funds, and other registered funds,” the SEC says.
“The publication of this data will provide valuable information to a wide range of users,” says SEC Chief Economist Jessica Wachter, in a statement. That wide range includes investors, issuers, economists, academics, and the public at large. “Data that is accessible and useable by the public provides greater transparency into our capital markets,” Wachter says.
“We welcome feedback on the report, which we believe will assist the public dialogue on issues pertaining to the asset management industry,” says Tim Husson, head of the Division of Investment Management’s Analytics Office, in another statement.
For more information and to register your feedback, start with this link: https://bit.ly/3y31jI6
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