Drilldown into KEMID Total Market Value Detail

From the Current KEMID Balances Lookup results, you may display information about the total market value of the underlying assets for any of the KEMIDs displayed. To do so, click the underlined Total Market Value link for the KEMID. The system displays the KEMID Current Balances Detail Lookup screen with results.

In the upper half of the screen, the search fields are pre-filled with data for the KEMID whose Total Market Value link you chose. In the lower part of the screen is the search results table. Each row of the table displays current balance information for a group of income or principal holdings.

KEMID Current Balances Detail Lookup results definitions:

Title

Description

Income or Principal

The nature of this reporting group—income or principal.

Reporting Group Code

The reporting group to which one or more holdings belong for the purpose of reporting income or principal. Derived from the class code of the security(ies) represented.

To view more detail about a reporting group code, click its underlined link.

Income at Market

The market value of the group’s current income balance. For a principal holding group, this value is always zero. For an income holding group, this value is the total of all securities held by the KEMID and classified as belonging to the group.

To view more detail about this value, click the underlined link.

Principal at Market

The market value of the group’s current principal balance. For an income holding group, this value is always zero. For a principal holding group, this value is the total of all securities held by the KEMID and classified as belonging to the group.

To view more detail about this value, click the underlined link.

Next 12 Months Estimated Income

The estimated income for the next twelve months for all securities held by the KEMID and classified as belonging to the group. This calculation represents what an endowment might realize should there be no changes in the number of units held and no change in the payout rate.

This estimate is the result of the number of units in the holding lot times the rate for the security.

Remainder of FY Estimated Income

The estimated income for the rest of the current fiscal year for all securities held by the KEMID and classified as belonging to the group. This calculation represents what an endowment might realize should there be no changes in the number of units held and no change in the payout rate.

This estimate is displayed only for current holdings at the tax lot level. The calculation takes into account the frequency of the payments for the security and the next payment date—factors that are tied to the type of security. Consequently, the calculation varies based on the class code type of the security.

Note: For more information on the calculations for each class code type, see KFS 4.0 Endowment System Calculations.

Some securities do not have an estimated income because the expected payout is not known (e.g., alternative investments, real estate, receivables, liabilities, etc). If the calculation cannot be made because the rate is zero, the estimated income is zero.

Next FY Estimated Income

The estimated income for all holdings in the reporting group for the next fiscal year. This calculation represents what an endowment might realize should there be no changes in the number of units held and no change in the payout rate.

This estimate is the result of the next fiscal year distribution amount (if a value has been placed in that field for the security record) times the number of holding units. At the end of the fiscal year this value is returned to zero until a user enters another value.

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Drilldown into KEMID Current Reporting Group Detail