Quicken Mutual Fund Shares Divided by 100!

PhilbertCC

Hi Team,

Out of nowhere, Quicken divided the Schwab mutual fund shares by 100. Quicken required me to resolve them with a placeholder that restored the full number of shares. Has this happened to anybody else? Really strange.

Phil

NotACPA

Which fund? What's the symbol?

PhilbertCC

Hi NotACPA,

SNXFX was one of several. I don't see anything that would reduce shared by a factor of 100 in Q. Q said I had downloaded a balance of X shares from Schwab and it presented exactly x/100 as my holdings. Darn strange.

Phil

NotACPA

Based upon fund pricing for SNXFX, it appears that the fund did a 10 for 1 split sometime in July, which would explain at least part of the difference.

Could you have recorded that split twice?

PhilbertCC

Wow! That is news to me!!! I guess I didn't get the email! I don't usually miss the obvious!

You win the Q gold star support award. I will go back and adjust the shares for 10 for 1.

Thank you!

PhilbertCC

Well, it appears that the Q/S link is misbehaving again. One of the stock splits for SNXFX did not download. I see it on the Schwab webpage as a split. This is not rocket science. There are protocols for financial transactions. It is puzzling that it is failing, again! This happened a few years ago when Schwab switched servers and account numbers aliases. Ugh…..