Registered money market funds use Form N-MFP to report their portfolio holdings and other information to the US Securities and Exchange Commission (SEC) on a monthly basis.
Under the Investment Company Act of 1940, the form discloses information such as series-level and class-level details about the fund, its schedule of portfolio securities—including net and shadow net asset values, daily and weekly liquid assets and weekly shareholder flows—and basics such as whether the fund is liquidating or merging.
Each Form N-MFP covers one calendar month and must be filed by the money market fund within five days after the end of the month. After 60 days, the filing is displayed publicly on the SEC’s online database EDGAR (Electronic Data Gathering, Analysis and Retrieval) to enable the SEC to better monitor the fund and inform and protect investors.
Money market mutual funds face changes in the frequency, content and format of required reporting due to reforms carried out by the SEC. With nearly 50 years of experience, Merrill can help you stay on top of all new requirements. We simplify the Form N-MFP filing process with our intuitive, web-based compliance solution, which enables you to automatically file approved forms and create an output file for publishing. Merrill’s deep industry knowledge, forward-thinking technology and proven methodologies will help you realize accurate, on-time filings compliant with all current regulations.