SEC Form N-SAR

DEFINITION of 'SEC Form N-SAR'

An SEC filing that is specific to registered investment management companies, and requires that those companies disclose some financial information (sales of shares, portfolio turnover rate). The information is usually included in the company's shareholder reports.


BREAKING DOWN 'SEC Form N-SAR'

Prior to the Sarbanes-Oxley Act of 2002, form N-SAR was also required to be filed under Sections 13 and 15(d) of the Securities Exchange Act of 1934. Form N-SAR and all of its related filings are covered under Section 30 of the Investment Company Act of 1940, which requires investment companies and trusts to file semiannual and annual reports with the SEC.

The Act also removed the requirement that form N-SAR be certified by a registered investment company's principal executive and financial officers.