Draft 2023 Open-End Fund (OEF) Taxonomy

Draft 2023 Open-End Fund (OEF) Taxonomy

The Commission adopted amendments to its rules and forms to require open-end management investment companies to transmit concise and visually engaging annual and semi-annual reports to shareholders that highlight key information that is particularly important for retail investors to assess and monitor their fund investments. See https://www.sec.gov/rules/final/2022/33-11125.pdf.

As part of the adopted amendments, the Commission is requiring open-end management investment companies to tag shareholder report disclosures in Inline eXtensible Business Reporting Language (XBRL). The elements needed to tag these disclosures are in the new Open-End Fund (OEF) taxonomy.

A draft version of the OEF taxonomy and taxonomy guide have been posted, and the files are available at https://www.sec.gov/structureddata/dera_taxonomies. Sample filings using the draft OEF taxonomy can be found at https://xbrl.sec.gov/oef/2023/oef23-samples-2023-05-02.zip. Please provide comments to [email protected] by June 5, 2023. Include "Draft 2023 OEF Taxonomy" in the subject header.