Investment Perf Report - divs vs re-invest gains

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 ?
Reply to
P.Schuman
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 ?
Reply to
Washboard
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.]
Reply to
John Pollard
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
Reply to
Washboard
I just ran the Transaction Report and filtered to just show the Mutual Funds. I wanted to see how each fund reported their yearly transactions. Not getting into the wording semantics or accounting issues, it was interesting to note the following....
ALL of my Fidelity funds were reported as - DIV + BOUGHT ALL of the TRP and Vanguard funds were reported using the REINVSH, REINVLT, and REINVDIV
Also - the corresponding Quicken Category was reported differently too.
DIV had a category of _DIVINC
REINVDIV had a category of _DIVINC REINVLT had a category of _LTCAPGNDIST REINVSH had a category of _SHCAPGNDIST
Just wanted to share these observations - It seems that the "difference" might be in how each company reports their dividends ? along with Quicken 2004 being hardwired for the Performance Report to only include a specific subset of dividend transactions.
Reply to
P.Schuman

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.