Daily Liquidity Assessment And Monitoring For SEC Rule 22e-4
Bucketing & Liquidity Testing
We rate each bond position from highly liquid to illiquid. We continuously test each fund's liquidity against the SEC rules.
Fact-Based HLIM Targets
HLIM Targets based on actual historical redemption data offer funds a strong defense during audits.
Back-Tested - 10 Yrs of Data
Bondview has analyzed 10 years of data on mutual fund holdings including total assets, share redemptions, trades and NAV.
Get Fact-Based HLIM Targets
Access Our Proprietary Fund Liquidity Research
BondView provides Implied HLIM Targets, based on actual historical redemption data. This allows fund management to review the real-world performance of both their specific fund and its peer group over varying historical periods.
Easily Compare To Your Fund's Peer Group
Compare your fund's Highly Liquid Minimum (HLIM) to its Peer Group. You can filter a Peer Group by credit facilities and fund size.
Tailor To Your Specific Circumstances
Empirically derived Implied HLIM can be customized based on the specific circumstances of the fund. Credit facilities can be factored in, and peer group comparisons filtered to allow for fund size and strategy.
Easily Monitor Your Funds
Bondview assesses the holdings of each mutual fund and classifies these according to the SEC’s requirements. This allows for testing against the Illiquidity and HLIM rules.
Bucket Bond Positions For Any Fund
Automatically classify each bond position based on days to liquidate and recalculates daily. You can dig into each bond to see how it's been assessed.
Highly Liquid
0-3 days to liquidate
Moderately Liquid
3-7 days to liquidate
Less Liquid
3-7 days (settle later)
Illiquid
7+ days to liquidate
Proactively Test Fund Liquidity
Monitor compliance of any fund against your and SEC's mandated benchmarks. If the fund isn't liquid enough, you can immediate take corrective action.
Acceptable Illiquidity Test
Ensures your funds continue to meet SEC's maximum 15% illiquidity rule.
Highly Liquid Minimum (HLIM) Test
Ensures your funds continue to meet the HLIM benchmark you set using BondView's industry-leading methodology
Entire Muni Fund Universe
