Account Statements
To find your account statements, current and archived, click on the My Account tab and choose Account History from the left navigation. Then, click the Account Statements tab.
Choose a month and year from the menu, and click the View button.
The Account Statement will be displayed in a separate browser window. The use of pop-up blockers may interfere with viewing Account Statements.
Note: Account statements are not generated when there is no account activity, but you will still see quarterly statements after the end of March, June, September and December.
Reading Your Account Statement
Use this guideto help you understand the different sections of your account statement.
A. Information Update
Stay informed of updates, such as news about features or tools that are available to you. View Graphic
B. Account Summary
This summarizes your total account value, which consists of all priced securities and account money balances (debit or credit) for the statement period. View Graphic
C. Activity Summary
This section provides a list of cash flows in and out of the account for the statement period. Credits include dividend/interest income and other credits, which includes deposits and sales proceeds. Debits include purchases, margin interest paid, and money withdrawn from the account. View Graphic
D. Current Tax Strategy
This is the tax strategy you have in place on the last day of the month. If you have not selected a strategy, Scottrade's default strategy - First In, First Out (FIFO) - will be shown. View Graphic
E. Security Positions
All the securities held in your account are listed here, based on settlement date. They are identified by account type, symbol, quantity, description, and estimated market price and value as of the close of the statement period. The approximate current price is obtained from an independent reliable source; however, it is not intended to reflect prevailing market prices. View Graphic
F. Estimated Annual Income
This is calculated with a projected methodology, taking the latest regular cash dividend paid multiplied by the payment frequency. The date and rate of the last dividend payment will show in the security's description when available. View Graphic
G. Estimated Annual Yield
This is calculated by taking the estimated annual income per share divided by the estimated market price. View Graphic
H. Account Activity
Information in these sections of your statement will be customized to your specific type of account. Shown here are a cash account and a margin account. View Graphic
I. Tax Lot Method
This column will display the tax strategy used on covered closing transactions. This may be the same as the default strategy for your account, or it may be a method you selected specifically for a particular transaction. View Graphic
J. Versus Purchase
This section will appear on your statement only if you provided specific Versus Purchase instructions on a closing transaction during this statement period. This means you selected a specific tax lot(s) to be used to close a position. View Graphic
K. Trades Pending Settlement
These are transactions that have been executed, but have a settlement date beyond the close of the statement period. This section only appears on your statement if you have unsettled trades. View Graphic
L. Bank Deposit Activity
For qualifying accounts, this section will reflect cash-related activity within the Scottrade Sweep Program. View Graphic
M. Scottrade Sweep Program Balances
For qualifying accounts, this section will reflect deposits held at program banks. View Graphic
