Why are all of my Mutual Fund quotes incorrect?

g-money49
g-money49 Quicken Windows Subscription Member ✭✭
edited April 29 in Investing (Windows)

For the last 2 months, I have been trying to determine why Quicken does not accurately display my investment balances. The number of shares downloaded from my institutions is spot on, but the Mutual Fund quotes are incorrect. This is for 95% of the number of funds that I own. The update in the AM always reflects a different price than the actual fund quote from the day before. Example below. The actual price today for this fund is $81.63, but Quicken is downloading the quote as 78.88.

The only way I have found to rectify the issue is to manually change the price for each fund I own, and I am not doing that every day.

Any help is appreciated.

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Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited April 29

    To research your post, I added AGTHX to my list of securities and downloaded info for it.

    And I got QUITE different info.

    BUT, I've also got a couple of questions.
    Why did you create the security as Type: OTHER, instead of Mutual Fund?
    And, how can you possibly have a quote dated today when funds aren't priced until after the markets close, which won't be for several hours? Your graphic shows a "Data as of: today.

    Here's what I got.

    image.png

    You might try changing the security type to Mutual Fund and seeing if that helps.

    BTW, that $78.88 quote is about 2 weeks old.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • q_lurker
    q_lurker Quicken Windows Subscription SuperUser ✭✭✭✭✭

    It appears to me that you are getting your prices through your FI download rather than through Quicken's third party data supplier. @NotACPA data was from that 3rd party source. MS Copilot tells me there is a 5.75% front end load on AGTHX (not that I always believe AI sources). Are you finding that the downloaded prices are always lower than you see elsewhere? Maybe there is something there, but I'd expect a front-end load to work the other way ⇒ You'd pay 86.32 if the selling price was 81.63.

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    @q_lurker Reasonable point about the quotes … but notice that the Asset Mixture is also quite different.

    And even if the quotes are from different dates, it would be extraordinary for the mixture to change that fast.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

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