Sold in the AM, what day did I actually sell?

[Hybrid93Hatch]

I made an interfund transfer at 0700 eastern time Monday morning. Did I sell at the Monday or Tuesday's share price?

Thank you.

 

[MrJohnRoss]

I made an interfund transfer at 0700 eastern time Monday morning. Did I sell at the Monday or Tuesday's share price?

Thank you.

You sold at Monday's closing price.

 

[Hybrid93Hatch]

You sold at Monday's closing price.

Thank you. At what time of the day does the closing price post? What time is the deadline to sell on that day?

Thanks again.

 

[James48843]

Thank you. At what time of the day does the closing price post? What time is the deadline to sell on that day?

Thanks again.

Deadline is always noon to put in your order to buy or sell.

The price is usually, but not always, posted close to 8p.m.

 

[Kaufmanrider]

Deadline is always noon to put in your order to buy or sell.

The price is usually, but not always, posted close to 8p.m.

Remember, it is noon EST. Adjust accordingly to where you live. It's 11am CST for me.

 

[nasa1974]

I made an interfund transfer at 0700 eastern time Monday morning. Did I sell at the Monday or Tuesday's share price?

Thank you.

Good questioin Hybrid. You got some good answers as well. I will add to what has been said. If you requested an IFT Monday morning before noon Eastern time your IFT will take affect Monday evening and your shares will reflect the Monday fund prices. If you request an IFT Monday after noon Eastern your shares will reflect the Tuesday fund prices. If you request an IFT Monday after noon Eastern you still have an opportunity to cancel or change that IFT as long as you make the request before noon Eastern Tuesday. Remember you have 2 IFT's a month. Keep asking questions.