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01/31/2011

SEC Begins to Release Monthly Shadow Pricing Information About Money Market Funds

Money market funds’ shadow pricing information is now available on the SEC’s web site.

The shadow price reflects the actual market value of the money market fund’s holdings, as opposed to the $1.00 price at which the shares are bought and sold.  There is a two-month delay in the data posted.  The new disclosure requirement is one of a series of regulatory responses by the SEC to the Reserve Fund debacle.  That fund broke the buck in September, 2008.

Click here to access the page to search for the shadow price of individual money market funds.

Posted at 03:50 PM in Mutual Funds, Regulatory |

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