Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
It start off with the following statement: FPA Queens Road Small Cap Value Fund (“Fund”) returned 1.10% in the first half of fiscal year 2022 (May 31, 2021 to November 30, 2021).
Why not call it last half semi annual 2021 !!
Just trying to keep things simple. Like in this year & day, why can't this be published by 01/01/2022
Well, that is the FY convention in that the ending year is used. FPA FY 2022 is from May 31 2021 (June 1 2021?) to May 31, 2022. Similar for school/college cohorts in that the expected year of graduation is used. Those who started in Fall 2021 are in the class of 2025 (Fall 2021 - Spring 2025).
Also, fiscal years can have any starting and ending date. But if one hitches one's horse to a calendar year, then one is stuck with, well, the calendar year. So the latter half semiannual (calendar) 2021 would thus cover July-Dec 2021.
Like in this year & day, why can't this be published by 01/01/2022 Complain to the SEC. Generally these forms are due in paper form 60 days after the end of the periods they cover:
Form N-30D and N-CSR due to be printed and mailed 60 days following the end of each half-year by investment companies; the EDGAR filing is due 10 days after the actual mailing date Form N-Q due 60 days after 1st and 3rd fiscal quarter-end
Comments
Similar for school/college cohorts in that the expected year of graduation is used. Those who started in Fall 2021 are in the class of 2025 (Fall 2021 - Spring 2025).
Like in this year & day, why can't this be published by 01/01/2022
Complain to the SEC. Generally these forms are due in paper form 60 days after the end of the periods they cover: https://www.broadridge.com/resource/corporate-issuer/edgar-filing-calendar?