Portfolio Navigator

The Portfolio Navigator is the second positions dialog in BondManager. It differs from the Positions Dialog in that it doesn’t allow you to close, delete, enter, or modify positions in your portfolio. Its purpose is to display positions and summarize your portfolio at various levels. The hierarchical display implements a folding spreadsheet whose branches can be expanded to obtain more detail or collapsed to a summary. The example at right depicts a portfolio containing positions in eight different bond issues. The position rows are initially invisible, so all you see at right are the issue summary rows and the total row for all bonds in the portfolio.

Expanding/Collapsing Branches

If you click on theicon next to the symbol (identifier), individual positions will be displayed above the issue’s summary row. For example, if you expand the ‘Ford Mtr Co Del’ and ‘Pacific Bell’ branches in the example above right, you’ll get the display at left. Note that position rows always appear above the issue’s summary row, as you might do if you were tallying the positions for each issue. To collapse a branch, just click on the issue’s summary rowicon.

Row Background Colors

The summary row for the entire bond portfolio has a manila background, symbolizing a manila folder. Position rows have a powder blue background - hopefully alliteration will serve as the mnemonic there. Issue summary rows use a plain white background.

Columns

The Portfolio Navigator treats columns slightly differently than the Positions Dialog. The columns available are Date/Name, Bonds, Cost, MktValue, CapGain, Income, NetGain, % Yield, Note/Desc. Coupon income contributes to the net gain. Net gain is the basis of the annualized yield calculation.

Date/Name and Note/Desc columns present information which depend on the row type. Position rows, display the purchase date in the Date/Name column and the Note you entered when you created the position in the Positions Dialog in the Navigator’s Note/Desc column.

Issue summary rows display the bond’s identifier in the Date/Name column and the description you entered in the Bond Definition dialog in Navigator’s Note/Desc column. Columns can be reordered using tap and drag, but sorting is not currently available. You can use Positions List Options to prevent some columns from being displayed. The default is for all columns to be visible.

In this example, the annualized yield for the portfolio as a whole is 7.828%.

Note: Purchase prices used in this example are entirely fictional.