Updated YTD Return–before Dec 31?
Main Problem:
- The user, CrashNoctis, wants to know if Fidelity can provide an updated Year-to-Date (YTD) return for their portfolio before the year ends, as they have made several transactions in December.
Solutions Discussed:
- Fidelity advises that performance and income data won’t update until a full month’s data is available, but users can check closed positions data to track realized gains or losses from closed trades this year.
- Users can view Estimated Annual Income (EAI) and Estimated Yield (EY) on their monthly statements and in the “Dividend View” section on Fidelity’s website.
- Fidelity provides year-end distribution details for mutual funds, including YTD distributions and estimated capital gains distributions.
- Fidelity explains the calculations for money-weighted and time-weighted returns, directing users to the “Performance” page for detailed methodologies.
Here’s the full thread
Hello! The most recent % ( YTD return ) I can see for my portfolio was calculated Nov 30 2023. Can Fidelity help me approximate my updated stats BEFORE the year ends? I did a lot of activity in December thusfar and I want to see if Im on track for my end-of-year goal. Thank you!
Hi there @CrashNoctis. I can appreciate you wanting to get ahead of the curve!
While performance and income data will not update until there is a full month’s data, you can view your closed positions data to keep track of realized gains or losses for positions you have closed this year.
Additionally, you can view Estimated Annual Income (EAI) and Estimated Yield (EY) on your monthly statements and in the “Dividend View” of your Positions page on Fidelity.com.
The Est. Annual Income column displays the Estimated Annual Income (EAI) to be received from dividends on select security types. This represents the estimated income for a specific security over the next 12 months. Est. Annual Income is provided for informational purposes only and should not be relied on for making investment, trading, or tax decisions.
We also publish security-specific year-end distribution details for mutual funds. This includes YTD distributions, estimated capital gains distributions, and other shareholder notices once they’re available.
Distributions by Fidelity Mutual Funds: https://www.fidelity.com/mutual-funds/information/distributions#/?table=actuals
If there is anything we can clarify or if additional questions pop up, please don’t hesitate to ask! We’re always happy to help. 🟢
If I were to try to do the calculations myself, how does Fidelity compute the time-weighted return percentage and the money-weighted return percentage. Is there a sharable formula? @FidelityLinsey
Your Personal Rate of Return (money-weighted) calculation is based on a number of factors, including changes in the value of the assets you own, dividends and interest you earned, fees that you may have paid, and the size and timing of your additions and/or withdrawals. This type of calculation is also sometimes referred to as an internal rate of return.
The Investment (time-weighted) Rate of Return. This is commonly used to evaluate the performance of a fund or an investment manager. Investment Rate of Return measures the performance of the underlying investments, including dividends, interest, and fees, but seeks to eliminate or minimize the impact of the size and timing of additions and withdrawals. The effect is to better isolate for observation the investment manager’s allocation and investment selection.
You can learn more about these calculations by scrolling down to the bottom of the “Performance” page on Fidelity.com and expanding the “Additional Important Information” tab to find more details about our methodology.
Additionally, the “Help/Glossary” hyperlink on the performance page provides additional information regarding these calculations.
Let us know if you have further questions. 🟢