krblokhin
The U.S. Securities Exchange Commission approved new rule changes Wednesday mandating that mutual funds and exchange-traded funds report their portfolio holdings on a monthly, replacing the previous quarterly requirement.
The move is expected to enhance transparency for investors, offering them more timely access to information about their investments. Form N-PORT reports provide important information about a fund’s portfolio holdings and related information to help assess a fund’s risks.
“These amendments will benefit investors through greater transparency of funds’ investment portfolios and improve the Commission’s oversight of the asset management industry,” said SEC Chair Gary Gensler.
The amendments, effective on Nov. 17, 2025, will require funds to file reports on Form N-PORT on a monthly basis within 30 days after the end of the month to which they relate. Funds currently file these monthly reports on a quarterly basis within 60 days after quarter-end.
The amendments will also make funds’ monthly reports on Form N-PORT available to the public 60 days after the end of each month, instead of every third month of a quarter only.
Funds generally will be required to comply with the amendments for reports filed on or after the effective date, except that fund groups with net assets of less than $1B will have until May 18, 2026, to comply.