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Understanding the Fund Registrant Audit Fees database
Who is this article for?
Users who want to learn about the Fund Registrant Audit Fees database.
No elevated permissions are required.
The Fund Registrant Audit Fees database tracks audit fee disclosures by investment companies ('40 Act filers) at the registrant level per N-CSR filing.
1. Understanding the database
Each record contains information about the auditor, audit fees, audit-related fees, tax fees, other fees, and the funds associated with that fee disclosure.
Common uses include:
- Understand the full scope of fees for a fund complex
- Benchmark registrants by total audit fees and fee type across comparable fund complexes
- Track significant changes in fees over time
- Conduct general audit fee research across '40 Act filers
- Link to the Fund Audit Fees database for a more granular, fund-level view
Note: The Fund Registrant Audit Fees database is available online and through data feeds (Feed 92) with the relevant subscription.
- Saved Search Alert: Yes
- Daily Summary Email: No
2. Understanding the collection methodology
The Fund Registrant Audit Fees database collects fee disclosure data submitted to the SEC by '40 Act filers. This data is sourced from the following form types: N-CSR, N-CSR/A.
Each record represents one fee disclosure at the registrant level per filing. For open-end funds, the registrant issues one or more filings reporting on the individual underlying funds. For closed-end funds, the registrant is the fund itself.
Note: Business Development Companies (BDCs), which file 10-Ks rather than N-CSRs, are excluded from this database.
Financial data (Market Cap, Revenue, Assets) is matched on fiscal year end date. When the Financials Date field is null or zero, corresponding financial information could not be matched.
3. Searching the database
The Fund Registrant Audit Fees search page offers the following filters:
| Name | Description | Data Dictionary Field(s) | Sort By? |
|---|---|---|---|
| Filter by Auditor | Filter for a specific auditor or group of auditors | Auditor Name | Yes |
| Search by Ticker or CIK Code | Filter results to a specific population of registrants | CIK Code, Ticker | Yes |
| Fiscal Year | Filter by the calendar year end for the corresponding fee information | Year Ended | Yes |
| Market Cap | Filter by a range of market capitalisation as of the Financials Date | Market Cap ($) | Yes |
| Revenue | Filter by a range of total revenue as of the Financials Date | Revenue ($) | Yes |
| File Date | Filter by a range of dates of when the N-CSR filing was submitted to the SEC | Filing Date | Yes |
| Number of Funds | Filter by the number of funds associated with the fee record | Number of Funds | Yes |
| Company Location | Filter by current business address location(s) | State, Region, County | No |
| Auditor Location | Filter by the auditor's country | Auditor Country | No |
| Audit Fees | Filter by a range of audit fees paid to the auditor | Audit Fees | Yes |
| Non-Audit Fees | Filter by a range of non-audit fees paid (sum of Audit Related, Tax, and Other fees) | Non-Audit Fees | Yes |
| Total Fees | Filter by a range of total fees paid (sum of Audit and Non-Audit fees) | Total Fees | Yes |
4. Viewing results
Results can be viewed at the bottom of the page.
The following are accessible through clicking the respective hyperlinks:
- Fund Registrant Audit Fees Data Dictionary download
- CSV file download of the results
- All fields available in the CSV are defined in the Data Dictionary
- Auditor profiles
5. Additional information
This database tracks fees at the registrant level. For fund-level fee data where available, see the Fund Audit Fees database.
The Is Restated field indicates whether the corresponding fee values were restated in a subsequent year's filing.
ISIN and CUSIP numbers are available pursuant to the CUSIP Click Agreement accepted by the user prior to initial access.
To link Fund Registrant Audit Fees data to the Fund Audit Fees database, the fund series numbers can be used as a common identifier.