1. Home
  2. Quicken Personal Finance
  3. Quicken 2009 Deluxe Portfolio

Quicken 2009 Deluxe Portfolio

I'm using Quicken 2009 Deluxe Release 7 for tracking my investments. I noticed that at the end of the day, the "Day Close" price is from the previous day and does not include the "Day Gain/Loss" amount. I typically check the Portfolio file around 6-7 PM Eastern time. However, the next morning's "Day Close" price does include the gain/loss figures, so in the morning it is more like a previous day's closing price.

Is this behavior normal for Quicken? Does anyone know when the Day close price actually updates?

Thanks.

James

Reply to
James
Loading thread data ...

What type of investments are you talking about? For individual stocks that are owned in my brokerage account, the price and gain are usually available later that same trading day (indeed, 6-7 PM Eastern time-ish), but for MUTUAL FUNDS, I don't see accuracy until (As you note) the next day. I am presuming that is because of the backend processing that the fund companies must go through after the market closes to determine their fund prices that must take several hours.

So without knowing exactly what you're referring to, yes, this is consistent to what I've seen for years.

Reply to
Andrew

Yes, it is mutual funds. The late, lamented Microsoft Portfolio Manager used to update mutual funds by about 6 PM ET. Kind of strange, isn't it, that today's change isn't/can't be added to yesterday's close.

Reply to
James

I see current stock prices any time during the day. Mutual funds all update at 4:30 PM MST. That is like clockwork. When the time changes everywhere else for DLT, it will be 3:30 PM MST. It should be 6:30 ET.

Reply to
JimH

My mutual funds (all Vanguard Funds) are available about 4:30 PM Pacific. I see the prices in Quicken before they are reflected on the web.

Oilcan

-----Orig> >

I see current stock prices any time during the day. Mutual funds all update at 4:30 PM MST. That is like clockwork. When the time changes everywhere else for DLT, it will be 3:30 PM MST. It should be 6:30 ET.

Reply to
Oilcan

Those prices might be supplied by Vanguard (rather than Intuit's price source).

Reply to
John Pollard

I did run a test today at 630 PM ET. Indeed, both stocks and non-Fidelity

401K mutual funds are indeed updated at this time, with correct day/gain loss columns reflected accurately. I amend (is that allowable?!) my previous post to only point out this one FI's doesn't get updated until over night. Maybe because it's a 401K? A variety of Fidelity funds are in this basket in my case (indeed, they don't have symbols; they're mutual fund within the Fidelity 401K program).
Reply to
Andrew

That would be my guess.

Many (most?) of the "funds" held in 401k accounts are not priced the same as their publicly traded counterparts (that have the exact same name). The correct prices for those funds can only come from the 401k administrator (who, I believe, has a special pricing arrangement with the mutual fund company) ... and - I believe - that pricing could easily, only, be available later than the prices available for the non-401k fund.

I think that if your 401k administrator shows your fund holdings in "units" (rather than "shares"), you are in the above boat.

Reply to
John Pollard

Totally agree to all.

Reply to
Andrew

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.