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 ?
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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.
researching my other problem with Investment performance returns,<BR>I noticed that on the Quicken 2004 Investment Performance Report<BR>that entries are only listed for DIV and BOT/SOLD,<BR>but the entries for Re-invest Income<BR>are NOT listed as part of the performance report.<BR><BR>They are shown on the "activity report",<BR>but don't show up on the "performance report"....<BR><BR>So - for a couple of mutual funds,<BR>the Performance Report only shows..... begin mkt value and the ending mkt value<BR>with none of the re-invested amounts.<BR><BR>WHY ?<BR><BR></BLOCKQUOTE></BODY></HTML>
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Washboard wrote:

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
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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.
wrote:<BR>&gt; I have noticed the same problem with Q7 Premier. I<BR>&gt; reported it to support and have been told someone is<BR>&gt; looking into the matter. I said they need a better<BR>&gt; accountant looking over their software. Reinvested income<BR>&gt; is, or at least could be (IRA) taxable and should be on<BR>&gt; the all relative reports.<BR><BR>The Investment Performance report is not about "income"; it's<BR>about ... "performance".&nbsp; It's about the "Average Annual Return"<BR>("Internal Rate of Return"), and unless you can demonstrate that<BR>the report is incorrect - using the definition of "Average<BR>Annual Return" - your complaint is misguided.<BR><BR>[I believe the effect of reinvestments on Average Annual<BR>Return is taken into account by their effect on the ending value<BR>of the investment.&nbsp; The ending value of the investment is the<BR>number of shares you own - which includes the shares you<BR>purchased with your reinvestments - multiplied by the<BR>price/share.]<BR><BR>-- <BR>John Pollard<BR>First initial underscore Last name at mchsi dot com<BR>Please reply to newsgroup<BR><BR><BR></BLOCKQUOTE></BODY></HTML>
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Washboard wrote:

Yelling won't compensate for ignorance.
--
John Pollard
First initial underscore Last name at mchsi dot com
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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.
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Overseas - FDIVX - FOSFX - PRITX - VTRIX
SE Asia - FSEAX - PRASX
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