Fidelity Quotes on Individual Bonds
I am curious if anyone else is having this issue.
Fidelity creates a data file around 3:00 am each morning which includes pricing of individual bonds such as corporates, TIPS and Treasuries.
The OSU picks up the market value for individual bonds from this file and posts to the Quicken price history which makes total sense except…
When I ran OSU early morning on 12/31/24, Quicken reported a price for 12/31/24 hours before the market opened. When I received my Fidelity YE statements, the individual bonds were all priced differently than what was in Quicken.
Come to find out that Quicken posted the 12/30/24 bond prices as the 12/31/24 market…one day in arrears. The gain/loss that I was seeing for 12/31/24 was the actual market change 12/29/24 to 12/30/24. The closing prices per the Fidelity YE statement appear in Quicken as the 1/2/25 close.
I manually changed the 12/31/24 Quicken price history for each bond using the 1/2/25 price and replicated the YE statement. PITA.
Is this a Quicken issue or a Fidelity issue?
John
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I’m inclined to say a Fidelity issue. Are the values for the 3rd straightened out?
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I went back and tracked it:
Quicken price history shows for:
Monday - the actual quote from the previous Friday
Tuesday - the actual quote from Monday
Wednesday - the actual quote from Tuesday
Thursday - the actual quote from Wednesday
Friday - the correct quote from Friday
So, only Friday price is correct…on Friday. It is used again the following Monday. Thursday's price is never used.
This is why I see an unrealized gain/loss on these bonds on a Wednesday before the market opens. Quicken is populating the price history for Wednesday with Tuesday's quote and calculating a G/L vs the Tuesday quote (which is really Mondays).
It's a pickle, I tell you.
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In answer to your question, yes, things straightened out yesterday…because it was a Friday. Quicken price history will show Friday's quote again for Monday and lag one day until next Friday.
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