Bond Asset Allocation ID

Scalpel1

Hello. Purchased US Treasury Bill and I thought I properly ID'ed it in the security type panel but in the "Asset Allocation" panel of the Dashboard for that account, in the pie chart it is still listed as "unclassified" rather than Domestic Bond. What did I do wrong? Thanks

Boatnmaniac

Try entering it into the Asset Class field.

Scalpel1

OK, that worked. The field you mentioned in the security details pane was greyed out because I had "use download info for the asset class" checked. I did not know what it meant so I originally left it checked. I do not know why the security "type" at the top of the pane is clearly listed as bond but that info is not used as asset class?

In any case, all is well. Thanks.

Boatnmaniac

Try entering it into the Asset Class field.

Scalpel1

OK, that worked. The field you mentioned in the security details pane was greyed out because I had "use download info for the asset class" checked. I did not know what it meant so I originally left it checked. I do not know why the security "type" at the top of the pane is clearly listed as bond but that info is not used as asset class?

In any case, all is well. Thanks.

jacobs

The security type is just not the same as the asset class. If the security type were Stock, Quicken couldn't use that as the asset class, since stocks are divided into large and small cap stocks. Even for bonds, there are multiple asset classes for domestic and international bonds.

The "use downloaded asset class" generally works well, but if the third-party data provider Quicken uses for security asset class data doesn't track your security or has incorrect information, it's sometime necessary or desirable to uncheck the box and set your asset class(es) manually. (Another example might be if you have a bond mutual fund; you might want it to shows as 100% domestic bonds, but the downloaded fund makeup might show 98% domestic bond and 2% cash — so you can manually set it to all domestic bond asset class if you want.)