Investment Perf Report - divs vs re-invest gains

Posted by P.Schuman on January 2, 2007, 12:07 pm

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In researching my other problem with Investment performance returns,
I noticed that on the Quicken 2004 Investment Performance Report
that entries are only listed for DIV and BOT/SOLD,
but the entries for Re-invest Income
are NOT listed as part of the performance report.

They are shown on the "activity report",
but don't show up on the "performance report"....

So - for a couple of mutual funds,
the Performance Report only shows..... begin mkt value and the ending mkt value
with none of the re-invested amounts.

WHY ?

Posted by Washboard on January 2, 2007, 4:43 pm

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: quoted-printable

I have noticed the same problem with Q7 Premier. I reported it to =
support and have been told someone is looking into the matter. I said =
they need a better accountant looking over their software. Reinvested =
income is, or at least could be (IRA) taxable and should be on the all =
relative reports.

In researching my other problem with Investment performance returns,
I noticed that on the Quicken 2004 Investment Performance Report
that entries are only listed for DIV and BOT/SOLD,
but the entries for Re-invest Income
are NOT listed as part of the performance report.

They are shown on the "activity report",
but don't show up on the "performance report"....

So - for a couple of mutual funds,
the Performance Report only shows..... begin mkt value and the ending =
mkt value
with none of the re-invested amounts.

WHY ?

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<DIV><FONT size=3D2>
<P>I have noticed the same problem with Q7 Premier. I reported it to =
support and=20
have been told someone is looking into the matter. I said they need a =
better=20
accountant looking over their software. Reinvested income is, or at =
least could=20
be (IRA) taxable and should be on the all relative =
reports.</P></FONT></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV>"P.Schuman" <<A=20
=
erserv.com</A>>=20
wrote in message <A=20
=
41933$wc5.6532@newssvr25.news.prodigy.net</A>...</DIV>In=20
researching my other problem with Investment performance returns,<BR>I =
noticed=20
that on the Quicken 2004 Investment Performance Report<BR>that entries =
are=20
only listed for DIV and BOT/SOLD,<BR>but the entries for Re-invest=20
Income<BR>are NOT listed as part of the performance =
report.<BR><BR>They are=20
shown on the "activity report",<BR>but don't show up on the =
"performance=20
report"....<BR><BR>So - for a couple of mutual funds,<BR>the =
Performance=20
Report only shows..... begin mkt value and the ending mkt =
value<BR>with none=20
of the re-invested amounts.<BR><BR>WHY =
?<BR><BR></BLOCKQUOTE></BODY></HTML>

------=

Posted by John Pollard on January 2, 2007, 5:00 pm

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Washboard wrote:

> I have noticed the same problem with Q7 Premier. I

> reported it to support and have been told someone is

> looking into the matter. I said they need a better

> accountant looking over their software. Reinvested income

> is, or at least could be (IRA) taxable and should be on

> the all relative reports.

The Investment Performance report is not about "income"; it's
about ... "performance". It's about the "Average Annual Return"
("Internal Rate of Return"), and unless you can demonstrate that
the report is incorrect - using the definition of "Average
Annual Return" - your complaint is misguided.

[I believe the effect of reinvestments on Average Annual
Return is taken into account by their effect on the ending value
of the investment. The ending value of the investment is the
number of shares you own - which includes the shares you
purchased with your reinvestments - multiplied by the
price/share.]

--
John Pollard
First initial underscore Last name at mchsi dot com
Please reply to newsgroup

Posted by Washboard on January 2, 2007, 7:07 pm

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: quoted-printable

=20
THE PAYMENTS ARE TAXABLE AS DIVIDENDS, CAPITAL GAINS AND RETURN OF =
CAPITAL. THE FUND SHOULD PROVIDE A CURRENT 1099 SHOWING THE AMOUNT OF =
EACH.=20

THE AMOUNTS REINVESTED BECOME THE BASIS OF THE NEW SHARES ACQUIRED. THE =
FUND SHOULD TAKE CARE OF THE ALLOCATION OF THESE PROCEEDS INTERNALLY, =
SINCE THEY BECOME A PART OF YOUR TOTAL FUND. FUTURE PAYMENTS WILL =
REFLECT THIS ADDITIONAL INVESTMENT FOR TAX PURPOSE DISTRIBUTIONS.=20
Washboard wrote:
> I have noticed the same problem with Q7 Premier. I
> reported it to support and have been told someone is
> looking into the matter. I said they need a better
> accountant looking over their software. Reinvested income
> is, or at least could be (IRA) taxable and should be on
> the all relative reports.

The Investment Performance report is not about "income"; it's
about ... "performance". It's about the "Average Annual Return"
("Internal Rate of Return"), and unless you can demonstrate that
the report is incorrect - using the definition of "Average
Annual Return" - your complaint is misguided.

[I believe the effect of reinvestments on Average Annual
Return is taken into account by their effect on the ending value
of the investment. The ending value of the investment is the
number of shares you own - which includes the shares you
purchased with your reinvestments - multiplied by the
price/share.]

--=20
John Pollard
First initial underscore Last name at mchsi dot com
Please reply to newsgroup

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charset="Windows-1252"
Content-Transfer-Encoding: quoted-printable

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<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Dwindows-1252">
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<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2> </FONT>
<DIV>THE PAYMENTS ARE TAXABLE AS DIVIDENDS, CAPITAL GAINS AND RETURN OF=20
CAPITAL.  THE FUND SHOULD PROVIDE A CURRENT 1099 SHOWING THE =
AMOUNT OF=20
EACH. </DIV>
<DIV> </DIV>
<DIV>THE AMOUNTS REINVESTED BECOME THE BASIS OF THE NEW SHARES ACQUIRED. =
THE=20
FUND SHOULD TAKE CARE OF THE ALLOCATION OF THESE PROCEEDS INTERNALLY, =
SINCE THEY=20
BECOME A PART OF YOUR TOTAL FUND. FUTURE PAYMENTS WILL REFLECT THIS =
ADDITIONAL=20
INVESTMENT FOR TAX PURPOSE DISTRIBUTIONS. </DIV></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV>"John Pollard" <<A=20
in message=20
<A=20
=
5@attbi_s21</A>...</DIV>Washboard=20
wrote:<BR>> I have noticed the same problem with Q7 Premier. =
I<BR>>=20
reported it to support and have been told someone is<BR>> looking =
into the=20
matter. I said they need a better<BR>> accountant looking over =
their=20
software. Reinvested income<BR>> is, or at least could be (IRA) =
taxable and=20
should be on<BR>> the all relative reports.<BR><BR>The Investment=20
Performance report is not about "income"; it's<BR>about ...=20
"performance".  It's about the "Average Annual =
Return"<BR>("Internal Rate=20
of Return"), and unless you can demonstrate that<BR>the report is =
incorrect -=20
using the definition of "Average<BR>Annual Return" - your complaint is =

misguided.<BR><BR>[I believe the effect of reinvestments on Average=20
Annual<BR>Return is taken into account by their effect on the ending=20
value<BR>of the investment.  The ending value of the investment =
is=20
the<BR>number of shares you own - which includes the shares =
you<BR>purchased=20
with your reinvestments - multiplied by the<BR>price/share.]<BR><BR>-- =

<BR>John Pollard<BR>First initial underscore Last name at mchsi dot=20
com<BR>Please reply to =
newsgroup<BR><BR><BR></BLOCKQUOTE></BODY></HTML>

------=

Posted by John Pollard on January 2, 2007, 7:11 pm

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Washboard wrote:

> THE PAYMENTS ARE TAXABLE AS DIVIDENDS, CAPITAL GAINS AND

> RETURN OF CAPITAL. THE FUND SHOULD PROVIDE A CURRENT

> 1099 SHOWING THE AMOUNT OF EACH.

> THE AMOUNTS REINVESTED BECOME THE BASIS OF THE NEW SHARES

> ACQUIRED. THE FUND SHOULD TAKE CARE OF THE ALLOCATION OF

> THESE PROCEEDS INTERNALLY, SINCE THEY BECOME A PART OF

> YOUR TOTAL FUND. FUTURE PAYMENTS WILL REFLECT THIS

> ADDITIONAL INVESTMENT FOR TAX PURPOSE DISTRIBUTIONS.

Yelling won't compensate for ignorance.

--
John Pollard
First initial underscore Last name at mchsi dot com
Please reply to newsgroup