Subject: S7-16-22: WebForm Comments from Nate Regan
From: Nate Regan
Affiliation:

Jun. 15, 2022

One additional thought   on top of my prior submission.


The rule will require funds to report the number of days they were outside compliance with their 80% test.

This should be reported annually in the prospectus or annual report.

Also, the N-Port figure should look back 3 months so investors can see the deviation over the e tire quarter, not just during one of three months.


Thank you.