Rule 30e-1 under the Investment Company Act of 1940, Reports to Stockholders of Management Companies

ICR 201103-3235-021

OMB: 3235-0025

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2011-03-18
ICR Details
3235-0025 201103-3235-021
Historical Inactive 200907-3235-012
SEC IM-270-21
Rule 30e-1 under the Investment Company Act of 1940, Reports to Stockholders of Management Companies
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 05/19/2011
Retrieve Notice of Action (NOA) 03/18/2011
Pursuant to 5 CFR 1320.11(c), OMB files this comment on this information collection request (ICR). In accordance with 5 CFR 1320, OMB is withholding approval at this time. The agency shall examine public comment in response to the NPRM and will include in the supporting statement of the next ICR--to be submitted to OMB at the final rule stage--a description of how the agency has responded to any public comments on the ICR, including comments on maximizing the practical utility of the collection and minimizing the burden.
  Inventory as of this Action Requested Previously Approved
02/28/2013 36 Months From Approved 02/28/2013
20,920 0 20,920
1,194,532 0 1,194,532
328,444,000 0 328,444,000

Rule 30e-1 (17 CFR 270.30e-1) under the investment companies act of 1940 (15 U.S.C. 80a-1 et. seq) directs registered management investment companies to include reports, required to be transmitted to shareholders by Section 30(e) (15 U.S.C. 80a-29(e)) of the Investment Company Act, information set out in each investment company's registration form.

US Code: 15 USC 80a-29(e) Name of Law: Investment Company Act of 1940
  
None

3235-AL02 Proposed rulemaking 76 FR 12896 03/09/2011

No

1
IC Title Form No. Form Name
Rule 30e-1 under the Investment Company Act of 1940, Reports to Stockholders of Management Companies

No
No
Previously, the Commission estimated an annual total hour burden of approximately 1,194,532 hours for complying with rule 30e-1. This number was based on a yearly estimate of approximately 10,460 portfolios. The Commission now estimates an annual total hour burden of 1,148,852 hours, which is a decrease of 45,680 burden hours from the previous submission. With respect to the annual total cost burden, the Commission previously estimated a total cost burden of $328,444,000. This number was based on an estimated cost burden of approximately $31,400 per portfolio for 10,460 portfolios. The Commission now estimates an annual cost burden of approximately $321,000,000, which is a decrease of approximately $7,444,000 per year. These net decreases are due to the decrease to 10,060 in the number of portfolios responding to rule 30e-1, and with respect to the external cost burden, an increase in the estimated cost burden to $31,900 per portfolio to account for the effects of inflation since 2009. The Commission believes that the proposed amendments to Forms N-1A, N-2, and N-3 would not affect the current burdens under rule 30e-1 because funds would remain obligated to provide a table, chart, or graph of portfolio holding by reasonably identifiable categories. The Commission further believes that the proposed clarification for cases when credit ratings of the NRSRO selected by a fund are not available for certain holdings would not impose any additional burdens because funds typically provide this disclosure in their shareholder reports today.

$0
No
No
No
Yes
No
Uncollected
Jane Kim 202 551-6791

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
03/18/2011


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