Mutual Fund-Related Field Definitions

The following table shows the mutual fund-related field definitions.

Mutual Fund-Related Field Definitions
Field definition Description
Account Transfer Disbursement—Accruals Instructs the fund about what to do with the accrual bucket during the transfer period.
Account Transfer Disbursement—Cash in Lieu Instructs the fund about what to do with the cash-in-lieu during the transfer period.
Account Transfer Disbursement—Residuals Instructs the fund about what to do with residual credits that appear in the account during the transfer period.
Account Type Indicates whether the account is in customer name or street name. Required when adding a mutual fund asset to a transfer.
Actual Quantity Actual number of shares re-registered as acknowledged by the fund (can include residual credits and dividend accruals). Appears in the ACATS Fund/SERV Statistics (F) file.
Book/Physical Share indicator Indicates whether book shares are being transferred into book shares at the receiver or whether physical shares are being transferred into book shares at the receiver; used in the asset transfer (AT) input record and the ACATS fund registration (FR) input record.
Current Settlement Date Indicates the date the registration acceptance is received from the fund through Fund/SERV. Appears in the ACATS Fund/SERV Statistics (F) file.
Customer Account Number at Fund Shows the customer’s account number, as it is known on the books of the fund. For position transfer funds (PTFs) and default registrations, the fund receives the customer account number at the fund and the customer account number at the firm retrieved from the transfer input (TI) record. For other transactions, the information is retrieved from the AT or FR record. Appears in the ACATS Transfer Record (record 018) file.
Dividend Code Identifies how dividends, long-term capital gains, and short-term capital gains are applied to an account. Appears in the asset transfer (AT) input record and the fund registration (FR) record.
Dividend Payee Identifies whether the dividend is paid to the customer, firm, executing participant, or is not applicable. Appears in the asset transfer (AT) input record.
Fraction Indicator Used by the receiver to designate if it can accept fractional shares of a mutual fund or the fund should liquidate the fractional shares.
Fund Account indicator

Indicates whether the account is

  • New domestic account
  • New foreign account
  • Existing domestic account
  • Existing foreign account
  • New account - U.S. tax resident living abroad
  • Existing account - U.S. tax resident living abroad
Fund/SERV Control Number Assigned control number by the Fund/SERV system when ACATS registration information is sent to a fund. Appears in the Fund/SERV Statistics MRO (F) file.
Mutual Fund Full/Partial Indicator Indicates whether the transfer is a full or partial transfer. Appears in the asset transfer (AT) input record. If the MF Agent Processing Indicator (Deliverer) = 1 (Deliverer uses alternate Fund/SERV clearing number), the MF Full/Partial Indicator cannot equal 1 = Full Transfer. If this case occurs, ACATS rejects the record.
MF (Mutual Fund) Transaction Type Indicates a new account, existing account, or participant of only a record change transfer types. Appears in the ACATS Mutual Fund Registration (FR) record.
Net Asset Value (NAV) Account indicator Used to specify certain types of accounts, such as an employee account, where purchases are made at the NAV price.
Network Control Indicator Identifies the networking level of the account.
NRA (Non-Resident Alien) Tax Percentage Percentage of tax to be withheld based on a non-resident’s country of origin. Appears in the ACATS Mutual Fund Registration (FR) record.
Original Quantity Amount input on the ACATS Asset Transfer (AT) record for a mutual fund asset and passed to the fund through Fund/SERV.
Payable Information Identifies whether certain types of payouts should be payable to the address of record, to the payable address through Automated Clearing House participant or to a Cross Fund Reinvest.
Payables Any of the six different payable name and address fields. Can specify whether dividend distributions, systematic withdrawals, or automatic drafts are payable to different addresses.
Physical Issuance (PI) Delivery Used when transferring book shares in and transferring physical shares out. Indicates whether the physical shares should be delivered to the customer, firm, or agent for the firm.
Social Code Indicates the type of an account. Some examples are Male, Female, Joint Tenants, Corporation, 401K, IRA, Pension Plan, or Non-Profit Organization.
Transfer Type—ACATS Mutual Fund Registration (FR) record Field available on the ACATS ACATS Mutual Fund Registration (FR) record that identifies the type of ACATS transfer.
Withholding indicator Identifies the tax withholding status of an account, which can be either a W9 or W8 withholding indicator. Some examples for W9 withholding indicators are Certified (W9 on file), Applied for SSN or Exempt Recipient. This field can also be populated with one of eight values for W8 resident alien withholding indicators.