XBRL

XBRL

The SEC announced that several mutual funds have begun providing risk and return information using interactive data, a significant step in the SEC’s ongoing efforts to make financial data more useful and understandable for investors. All of the new, interactive mutual fund data will be made available to the public on the SEC’s EDGAR database and to subscribers of EDGAR’s high-speed data dissemination service. The SEC will monitor how the data can be used to provide information to mutual fund investors and will consider whether further steps are necessary to increase accessibility. Among the first mutual fund filers to participate in the expanded voluntary program are the Allegiant Advantage Fund, American Funds’ Europacific Growth Fund, Muhlenkamp Fund, and Vanguard 500 Index Fund.