Mutual fund net returns are computed without doing any adjustment for the loads. In other words, the fund returns to the CRSP mutual fund database are pre-load returns. There is no obvious way to calculate the post-load returns with the current data items from this database, as I believe a lot more information is needed to do that, such as information on the amount of money coming into the fund or leaving the fund in each particular month, which would help somebody amortize the loads.
Articles in this section
- CRSP: Determining the Primary Issue of a Company
- Accessing the CRSP Value-Weighted Market Indexes
- In the CRSP Monthly stock data, I sometimes see a holding period return value of "P" or "T". What do they mean?
- Difference between PERMNO and LPERMNO
- Rounded Values
- PERMNO Vs. PERMCO
- Mutual Fund Net Returns: Loads
- Quickly Obtaining: CUSIP, PERMNO, GVKEY
- CUSIP in CDA & NCUSIP in CRSP and TICKER in CDA & TICKER in CRSP
- Is there sample code to adjust prices and earnings for splits, mergers, etc.