Vanguard Mutual Fund conversion to Admiral Shares

#3 06-03-2007, 10:39 PM

- quote -

> I am guessing that you mean AddShares. That is not good for analysis of
> performance, and it is not so good at maintaining the basis.

Good point. In my case, and in the one above, the share/price difference is
quite small. At 100K it's 704.77 vs. 704.67 shares. Still, if accuracy is
important, your way is the right way.

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:01r563pkiq46799icnkro4jricmvv5u1id[at]4ax.com...
- quote -

> In microsoft.public.money, L Cramer wrote:
> > In similar circumstances, I've simply changed the name, symbol, and
> > adjusted
> > the number of shares. That way you keep the history and keep it simple.
> By "adjusted the number of shares" I am guessing that you mean
> AddShares. That is not good for analysis of performance, and it is
> not so good at maintaining the basis. To then sell using anything
> other than single-category basis information would not work.
> Entering a split is easy. Money handles the gory details to adjust
> the lot information accurately.
> In a tax-deferred account you may not need basis information. But
> even then the better performance information may be useful.
> > > > "George" <underwoog001[at]hawaii.rr.com> wrote in message
> > news:4661d73b$0$3205$4c368faf[at]roadrunner.com...
> > > Vanguard occasionally converts a mutual fund to an Admiral share when
> > > the
> > > accumulated value exceeds $100,000. How should this be handled in Money
> > > 2006? For example, if I own X shares of VFINX with a market value of
> > > 100,000 and a basis of 50,000, and then Vanguard converts all X shares
> > > to
> > > the Admiral equivalent VFIAX, how should I reflect that in Money and
> > > retain my basis? Do I Add Shares, Buy, Transfer In, etc.? Similarly, how
> > > should I deal with the VFINX that went away - a Remove Shares, Transfer
> > > Out, Sell (strongly doubt), etc.?
> > > Thanks!
> > > >

#2 06-03-2007, 04:33 PM

In microsoft.public.money, L Cramer wrote:

- quote -

> In similar circumstances, I've simply changed the name, symbol, and adjusted
> the number of shares. That way you keep the history and keep it simple.

By "adjusted the number of shares" I am guessing that you mean
AddShares. That is not good for analysis of performance, and it is
not so good at maintaining the basis. To then sell using anything
other than single-category basis information would not work.

Entering a split is easy. Money handles the gory details to adjust
the lot information accurately.

In a tax-deferred account you may not need basis information. But
even then the better performance information may be useful.

- quote -

> "George" <underwoog001[at]hawaii.rr.com> wrote in message
> news:4661d73b$0$3205$4c368faf[at]roadrunner.com...
> > Vanguard occasionally converts a mutual fund to an Admiral share when the
> > accumulated value exceeds $100,000. How should this be handled in Money
> > 2006? For example, if I own X shares of VFINX with a market value of
> > 100,000 and a basis of 50,000, and then Vanguard converts all X shares to
> > the Admiral equivalent VFIAX, how should I reflect that in Money and
> > retain my basis? Do I Add Shares, Buy, Transfer In, etc.? Similarly, how
> > should I deal with the VFINX that went away - a Remove Shares, Transfer
> > Out, Sell (strongly doubt), etc.?
> > Thanks!
>

#1 06-03-2007, 04:23 PM

In similar circumstances, I've simply changed the name, symbol, and adjusted
the number of shares. That way you keep the history and keep it simple.

"George" <underwoog001[at]hawaii.rr.com> wrote in message
news:4661d73b$0$3205$4c368faf[at]roadrunner.com...
- quote -

> Vanguard occasionally converts a mutual fund to an Admiral share when the
> accumulated value exceeds $100,000. How should this be handled in Money
> 2006? For example, if I own X shares of VFINX with a market value of
> 100,000 and a basis of 50,000, and then Vanguard converts all X shares to
> the Admiral equivalent VFIAX, how should I reflect that in Money and
> retain my basis? Do I Add Shares, Buy, Transfer In, etc.? Similarly, how
> should I deal with the VFINX that went away - a Remove Shares, Transfer
> Out, Sell (strongly doubt), etc.?
> Thanks!

06-02-2007, 11:50 PM

In microsoft.public.money, George wrote:

- quote -

> Vanguard occasionally converts a mutual fund to an Admiral share when the
> accumulated value exceeds $100,000. How should this be handled in Money
> 2006? For example, if I own X shares of VFINX with a market value of 100,000
> and a basis of 50,000, and then Vanguard converts all X shares to the
> Admiral equivalent VFIAX, how should I reflect that in Money and retain my
> basis? Do I Add Shares, Buy, Transfer In, etc.? Similarly, how should I deal
> with the VFINX that went away - a Remove Shares, Transfer Out, Sell
> (strongly doubt), etc.?

Handling a Mutual Fund Reorg or conversion from B to A shares:

If your mutual fund is involved in a tax-free event where all of
your regular shares are being converted to Admiral shares for that
particular fund:

1. Do an appropriate split of the fund. You will need to input
the split ratio as a ratio of integers (1 ... 65535). Post the
ratio you want to achieve ( or before and after share quantities).

2. In the investment details, change the symbol.

3. Change the investment name.

4. Add a brief comment to the investment to explain the change.

#-1 06-02-2007, 08:46 PM

Vanguard occasionally converts a mutual fund to an Admiral share when the
accumulated value exceeds $100,000. How should this be handled in Money
2006? For example, if I own X shares of VFINX with a market value of 100,000
and a basis of 50,000, and then Vanguard converts all X shares to the
Admiral equivalent VFIAX, how should I reflect that in Money and retain my
basis? Do I Add Shares, Buy, Transfer In, etc.? Similarly, how should I deal
with the VFINX that went away - a Remove Shares, Transfer Out, Sell
(strongly doubt), etc.?
Thanks!

Similar Threads
Thread	Forum	Replies	Last Post
Mutual Fund Dividends Downloaded as Add Shares pontis78: Mutual fund dividends from my brokerage accounts (Fidelity) are downloading as 'Add Shares' rather than either 'dividends' or 'reinvest dividends'. ...	Microsoft Money	2	02-07-2007 05:52 PM
Converting Vanguard mutual fund shares from Investor to Admiral shares Ted: Hello, I have a question about how to enter this particular mutual fund activity in Money. Here is the scenario: - I have Vanguard 500 Index...	Microsoft Money	11	09-02-2006 10:03 PM
Selling mutual fund shares Stageman: Hi, I'm buying a mutual fund on a monthly basis. I recorded accuratly all transactions in Money. In one of the investment report where you can...	Microsoft Money	1	01-24-2006 05:15 PM
Mutual fund exchange of shares Elizabeth: I have a number of investments in one account. Within that account, I want to show an exchange of shares from one mutual fund to another, i.e.,...	Microsoft Money	3	01-11-2006 01:48 PM
Mutual Fund Conversion Bob: I own shares in a Vanguard Index Fund that recently converted to Admiral shares in a tax free conversion. The number of shares in the original fund...	Microsoft Money	6	07-28-2005 09:39 PM

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode