Fund Data Converter
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OFRE000330 – Average Effective Maturity
The effective maturity (net / option-adjusted, in years) of the fund, considering the expected call date of callable bonds. Applicable to bond funds investing in bonds (including convertibles) with a fix maturity/call date. Average effective maturity estimates the true maturity of bonds, considering the first call date of callable bonds / convertibles. Option-adjusted (net) figures. Calculation methodology should be aligned to the standards of the asset manager and the resulting fixture should be aligned to other publications (e.g. Factsheets). The definition available on “Investopedia” can be used as a reference (https://www.investopedia.com/terms/a/average-effective-maturity.asp).
| Property | Value |
|---|---|
| OF-ID | OFRE000330 |
| Name | Average Effective Maturity |
| Area | Fund ratios and exposures |
| Level | Fund |
| Format | Decimal number |
| Tags | Ratios and Exposures |
| Introduced in | openfunds 1.26 |
Values
Decimal figure, rounded to maximal 7 digits after the decimal point.
Example
3.4
FundsXML 4 mapping
FundsXML 4.2.11 has no element for this field. The converter keeps the value as CustomAttributes/Attribute named OF_OFRE000330 on the share class (or position), so FundsXML → openfunds restores it unchanged.
The field mapping table lists every field; openfunds to FundsXML explains the rules behind it.
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