Corporate Actions
Use Corporate Actions in a detailed wallet when shares are moved, renamed, split between symbols, or otherwise changed without being a normal market buy or sell.
What It Is And Why It Is Not BUY/SELL
A Corporate Action is for events where your position changes because of an issuer event or broker reorganization, not because you opened or closed a normal market trade.
- You bought shares on the market and paid cash for them.
- You sold shares on the market and received sale proceeds.
- The broker statement clearly shows a regular trade.
- Shares are replaced, renamed, merged, or split into a new structure.
- A spin-off gives you a new symbol and part of the old cost basis moves to it.
- You need to preserve investment history rather than book a fake market trade.
BUY and SELL describe a cash trade with a market execution price. Corporate Action is different because the main goal is to move inventory and cost basis correctly between holdings.
- Use it to remove the old shares that no longer exist after the change.
- Use it to add the new or updated shares with the correct cost basis.
- This keeps later performance and closed-trade calculations closer to the real broker history.
Rename Example: SKT -> ONO
When SKT changed to ONO, use a Corporate Action to move the position from the old symbol to the new one while keeping the same investment history.
Spin-Off Example: S2B
For an S2B spin-off, add Corporate Action rows that move the right number of shares and allocated cost basis from the original holding into the new S2B position.
Current Limitation: Lots Are Not Split Automatically
Corporate Actions currently do not calculate separate lots for you.
- If you need lot-level accuracy, add multiple Corporate Action rows instead of one merged row.
- Use separate rows when different source lots should keep different cost basis values after the event.
- In practice, if one corporate action affects two or more lots, mirror that structure manually in FundStat.
Need Help?
If your broker statement is unclear and you are not sure how to split a corporate action into rows, contact us and we will help you model it correctly.