United States

SEC modifies timing for filing non-public Form N-PORT data

FINANCIAL REPORTING INSIGHTS  | 

Form N-PORT is a new form that will be used by registered investment companies to report both public and non-public fund portfolio holdings to the SEC in a structured data format. The filing of Form N-PORT through the EDGAR system will begin in April 2019 for larger fund groups and in April 2020 for smaller fund groups.

On February 27, 2019, the SEC modified the submission deadlines for registered investment companies filing non-public monthly reports on Form N-PORT. As a result of this modification, rather than filing non-public monthly reports with the SEC within 30 days after each month-end, funds will be required to maintain the relevant information in their records and file all three monthly reports with the SEC no later than 60 days after the end of each fiscal quarter. The non-public monthly reports on Form N-PORT for the first and second months of the fiscal quarter will remain non-public and the monthly report for the third month will become publicly available upon filing (with the exception of certain specific data items), rather than being filed non-publicly no later than 30 days after the end of the fiscal quarter and being made public 60 days after the end of the fiscal quarter.