From source to financial context
ACTA DIURNA reporting framework
The context
Coverage includes fund valuation, money-market yields, holdings, benchmark tracking and REIT operating performance. A representative security watchlist illustrates these categories without implying that the selected funds form a portfolio or exhaust the global fund universe. Direct Treasury bills, commercial paper and repos remain cash-market context, not additional pooled funds.
The accompanying currency panel uses the same dated USD-per-unit ranking as the currency tracker; it does not rank funds by their share prices. Fund-wide assets and individual share-class assets must be identified to avoid counting the same portfolio twice.
What we track
Definitions and interpretation below describe our coverage. They are not live readings or mechanical buy/sell instructions.
Market price and NAV
The traded price and issuer-published net asset value for the same share class, currency and valuation date.
How to read it: A premium or discount equals price divided by NAV minus one only when the comparison is compatible. Indicative intraday values can lag underlying markets.
Source & methodology ↗Total return and distributions
Price or NAV performance with a stated treatment of cash distributions, reinvestment, loads and corporate actions.
How to read it: A large distribution is not automatically a large return. Capital can be paid out while the vehicle’s value falls; distribution rate and yield need separate labels.
Source & methodology ↗Fees and portfolio exposure
Expense ratios, waivers, sales charges, acquired-fund costs, holdings and concentration at their disclosed dates.
How to read it: Two share classes can hold the same portfolio yet produce different net results. Holdings disclosures are snapshots and may be published with a lag.
Source & methodology ↗Benchmark tracking
Tracking difference over one interval and the variability of periodic active returns, using compatible total-return series.
How to read it: Tracking error is the standard deviation of active returns with a stated annualization, not one period’s underperformance or a simple variance.
Source & methodology ↗REIT operations and financing
Equity-REIT occupancy, NOI and defined FFO or AFFO; mortgage-REIT book value, funding and hedging.
How to read it: These businesses differ. A price-to-FFO multiple requires a matching annual or trailing denominator; mortgage portfolios should not be forced into property-owner metrics.
Source & methodology ↗Money-market fund liquidity and yield
Published seven-day SEC yield, NAV type, maturity and liquid-asset measures under the applicable definitions.
How to read it: A standardized yield is not a guaranteed future return or a bank deposit rate. Fund type and redemption terms shape the risks of a cash allocation.
Source & methodology ↗How we cover it
Fund comparisons use like-for-like strategy, currency, share class, period and fee basis. Open-end mutual-fund NAV is not an exchange price, and a mortgage REIT’s book value is not a daily fund NAV.
Track asset size and verified subscriptions separately. AUM can change because markets move, currencies translate or distributions occur. Fund ranking requires an explicit metric and peer universe.
What the numbers can miss
An ETF’s liquid trading line does not guarantee that its underlying assets can always be sold at the displayed valuation. Discounts can widen under stress.
Published yields, valuations and holdings may have different observation dates. Missing iNAV or a discontinued cash-rate series must not be filled with an unrelated proxy.
Sources & editorial context
The original pooled-investments chat informs the vehicle taxonomy and comparison rules. Current fund terms and figures belong to dated issuer disclosures, not this reference page.
- SEC — Search filings
- NYSE — Trading and market structure
- FINRA — Fixed income data
- SEC — Money Market Fund Statistics
Coverage framework informed by the publisher’s Pooled Investment Vehicles reference discussion. Discussions guide the reporting agenda; factual claims and metrics are checked against the identified source institutions.