Form 497H2 Files Dataset

The Form 497H2 Files dataset is an EDGAR-derived archive of definitive prospectus supplements filed by registered investment companies — overwhelmingly closed-end funds — under Rule 497(h)(2) of the Securities Act of 1933 to complete pricing information that was intentionally omitted from the effective prospectus in reliance on Rule 430A. Each record is one EDGAR submission of submission type 497H2, materialized as an accession-numbered folder containing a structured metadata.json describing the filing and the original HTML prospectus supplement that carries the executed offering economics — sale date, share count, offering price per share, underwriting commission or distribution fee, and gross and net proceeds. The filer of record is the fund itself, not the underwriter, distributor, or adviser. Records are grouped into per-month ZIP archives organized by filing year, distributed in a single ZIP container with file types limited to JSON and HTML (with TXT references appearing only in metadata). The dataset begins with EDGAR's earliest accepted 497H2 sample dated December 1995 and continues through the most recent refresh.

Dataset APIs

Dataset Files

What This Dataset Contains

The dataset packages every EDGAR submission filed under submission type 497H2 — the Rule 497(h)(2) pricing supplement that registered investment companies file to complete a Rule 430A pricing omission once an offering has been priced. The underlying filing is short, formal, and highly templated: a "fill-in-the-blanks" complement to a previously filed prospectus rather than a freestanding offering document. It crystallizes the executed economics of an offering otherwise registered on a shelf or continuous basis, including the actual sale date, the actual number of shares sold, the actual sales price per share, and the resulting gross proceeds, underwriting commission or distribution fee, and net proceeds to the issuer.

Coverage spans the full population of 497H2 submissions accepted by EDGAR from December 1995 to the present. Records are grouped into per-month ZIP archives organized by filing year, with the path pattern <YEAR>/<YEAR>-<MM>.zip expanding to a top-level <YEAR>-<MM>/ directory whose immediate children are the per-accession folders. The dataset is distributed as a ZIP container, and the included file types are TXT, JSON, and HTML (in practice, each record materializes as one metadata.json plus one HTML supplement; TXT references appear inside metadata to point at the EDGAR complete-submission text file).

Content Structure of a Single Record

What one record represents

A single record in the Form 497H2 Files dataset is one EDGAR submission of Form 497H2 — a definitive prospectus supplement filed under Rule 497(h)(2) of the Securities Act of 1933. The unit of observation is the accession-numbered submission, materialized as a folder named after the 18-digit undashed accession number (for example 000110465912086368). Inside that folder sit a structured metadata.json describing the filing and the original EDGAR document(s) that carried the supplement at submission time. Records are grouped into per-month ZIP archives organized by filing year, with the path pattern <YEAR>/<YEAR>-<MM>.zip expanding to a top-level <YEAR>-<MM>/ directory whose immediate children are the per-accession folders.

What the underlying filing is

Form 497H2 is the EDGAR submission type used by registered investment companies — overwhelmingly closed-end funds — to file a definitive prospectus supplement once an offering has been priced, when the prospectus on file at effectiveness omitted price-dependent information in reliance on Rule 430A. Rule 430A allows a registration statement to be declared effective without final pricing terms; Rule 497(h) then requires that the omitted pricing information be filed with the Commission no later than the close of business on the second business day after first use, in the form of a supplement that retroactively completes the registration statement.

The supplement is the public, definitive disclosure of the executed offering economics: the actual sale date, the actual number of shares sold, the actual sales price per share, and the resulting gross proceeds, underwriting commission or distribution fee, and net proceeds to the issuer. Because it crystallizes the economic terms of an offering otherwise registered on a shelf or continuous basis, the document is short, formal, and highly templated — a "fill-in-the-blanks" complement to a previously filed prospectus rather than a freestanding offering document.

Content layout of a single record

Each accession folder contains two layers:

1. A metadata.json file with structured filing-level metadata derived from the EDGAR header.
2. One or more original-submission documents — for 497H2, almost always a single small HTML file carrying the prospectus supplement, wrapped in an EDGAR SGML <DOCUMENT> envelope.

The file-types found in the dataset are JSON and HTML, with TXT references appearing in metadata to point at the EDGAR complete-submission text file. In practice each record is a metadata.json plus one HTML supplement. Image attachments referenced by the original submission (typically fund logos delivered as .jpg or .gif GRAPHIC documents) are intentionally excluded from the dataset, as is the EDGAR complete-submission .txt aggregate; only the per-document files that carry the substantive 497H2 content are retained alongside the manifest.

metadata.json structure

The metadata file is a flat JSON object describing one filing. Its meaningful fields are:

• formType — always "497H2" for this dataset.
• accessionNo — the dashed accession number, e.g. "0001104659-12-086371".
• filedAt — ISO-8601 timestamp with timezone offset capturing EDGAR acceptance time.
• description — human-readable label, e.g. "Form 497H2 - Filings [Rule 497(h)(2)]".
• linkToFilingDetails — URL to the primary 497H2 document on sec.gov.
• linkToTxt — URL to the EDGAR complete-submission text file.
• linkToHtml — URL to the EDGAR filing-index HTML page.
• linkToXbrl — empty for this form type.
• id — opaque identifier for the record.
• documentFormatFiles[] — ordered list of the original submission's documents. Each entry exposes sequence, size (bytes, as a string), documentUrl, description, and type. The list mixes the actual 497H2 HTML form document, any GRAPHIC entries (image attachments), and a final entry pointing to the complete-submission text file whose sequence and type are blank.
• entities[] — one or more filer-entity objects. Fields include companyName (with a role suffix such as (Filer)), cik, irsNo, fileNo (the SEC file number of the underlying registration statement, e.g. 333-180973), filmNo, the entity-level type, act (e.g. "33" for Securities Act registrants), stateOfIncorporation, fiscalYearEnd (MMDD), and tickers[].
• seriesAndClassesContractsInformation[] — series/class metadata used by funds that publish series-and-class identifiers; empty for typical closed-end fund 497H2 filings.
• dataFiles[] — empty for this form type, as 497H2 submissions carry no XBRL exhibits or other structured data attachments.

Filing document (HTML) structure

The 497H2 prospectus supplement is delivered as a small HTML file (commonly under 10 KB, single page) wrapped in the standard EDGAR SGML <DOCUMENT> envelope. Filenames follow the registrant-side EDGAR convention a<docId>_<seq>497h2.htm, for example a12-30189_2497h2.htm. The wrapper exposes the document type, sequence number, on-disk filename, and description before the inline HTML payload:

          1
          <DOCUMENT>
        

          2
          <TYPE>497H2
        

          3
          <SEQUENCE>1
        

          4
          <FILENAME>a12-30189_2497h2.htm
        

          5
          <DESCRIPTION>497H2
        

          6
          <TEXT>
        

          7
          <html>... prospectus-supplement HTML ...</html>
        

          8
          </TEXT>
        

          9
          </DOCUMENT>
        

The inner HTML is highly templated and follows a stable order across filers and time:

1. Issuer header. Full legal name of the issuing fund and a short defined alias used throughout the supplement, e.g. ING PRIME RATE TRUST ("Trust").
2. Supplement date and base-prospectus reference. A line of the form Supplement dated <Date> to the Trust's Prospectuses dated <Date>, anchoring the supplement to the existing registration statement and prospectus that omitted price information under Rule 430A.
3. Offering size header. The number and class of securities offered, expressed in the issuer's chosen units (e.g. 1,382.649 Shares of Beneficial Interest).
4. Narrative pricing paragraph. A sentence stating the date of sale, the precise number of shares sold, the distribution mechanism (shareholder investment program, distribution agreement, at-the-market offering, dividend reinvestment plan, firm-commitment underwriting), the named distributor or agent, and the sales price per share.
5. Embedded proceeds table. A small inline-styled HTML <table> itemizing the offering economics, typically in three rows: gross proceeds, underwriting commission or distribution fee paid to the agent, and net proceeds to the issuer. Numeric cells are right-aligned with $ symbols rendered in cells adjacent to the numeric values.
6. Reference price line. A note stating the last reported sales price of the security on the listing exchange (e.g. NYSE) at the close of the relevant pricing period, providing market context for the executed sale price.
7. SEC legend. The standard statutory disclaimer beginning "THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION...", followed by a "PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE" footer.
8. Trailing printer comment. A non-rendered HTML comment containing financial-printer task identifiers (sequence, folio, source path, user, build timestamp).

Tables use inline-styled markup rather than CSS classes, and the documents carry no JavaScript, no external stylesheets, and no images embedded by reference within the rendered text. Any GRAPHIC attachments referenced in the original submission are separate documents that are not packaged with the dataset.

Included content

Each record packages everything needed to read and interpret the substantive 497H2 disclosure: the EDGAR header metadata in JSON form, plus the SGML-wrapped HTML supplement with its issuer header, supplement date, base-prospectus reference, share count, pricing narrative, proceeds table, reference-price line, SEC legend, and trailing printer comment. For multi-document submissions, all non-image documents in the original submission appear in the accession folder.

Excluded or separate content

Three categories of material are intentionally outside each record:

• Image attachments. GRAPHIC documents listed in documentFormatFiles[] (typically fund logos as .jpg or .gif) are not bundled.
• Complete-submission text file. The aggregated .txt produced by EDGAR that concatenates all documents in the submission is referenced by linkToTxt but not included in the archive.
• Base prospectus and registration statement. A 497H2 supplement only fills in pricing information; the underlying prospectus, statement of additional information, and registration statement (filed separately as Form N-2, N-1A, N-14, or under other 497-series codes such as 497, 497J, or 497K) live at separate accession numbers in different EDGAR submissions and are not part of this dataset.

Changes in required content over time

Form 497H2 has been a stable, narrowly scoped filing type since EDGAR began accepting it. Its purpose is fixed by Rule 497(h)(2), and the required disclosures are dictated by the price-omitting provisions of Rule 430A rather than by independently evolving form-specific instructions. Across the dataset's coverage (December 1995 to present), the substantive content of the supplement — issuer identification, supplement date, base-prospectus reference, share count, sales price, proceeds breakdown, reference price, and SEC legend — has remained essentially unchanged. Variation across filings is driven primarily by issuer-specific offering mechanics (firm-commitment underwritten offering vs. at-the-market program vs. dividend reinvestment or shareholder investment program) and by which line items appear in the proceeds table (an underwriting "discount" vs. a commission vs. a distribution fee, and occasionally an additional row for offering expenses).

Changes in data format over time

The presentation format of the underlying document tracks the broader EDGAR transition. Filings made in the mid-to-late 1990s arrived as plain ASCII text inside the SGML <DOCUMENT> envelope, with the proceeds breakdown rendered as a fixed-width table built from spaces. As EDGAR began accepting HTML submissions in the early 2000s, 497H2 filers migrated to the templated HTML form seen in the bulk of the dataset, with inline-styled tables for the proceeds breakdown and standard heading markup for the issuer header and supplement date. The SGML <DOCUMENT> / <TYPE> / <SEQUENCE> / <FILENAME> / <DESCRIPTION> / <TEXT> wrapper has remained constant across both eras and is preserved verbatim in the dataset's HTML files.

Interpretation notes

Several details matter for downstream consumption:

• Companion filings are common. A single offering can generate multiple 497H2 accession numbers when the issuer has more than one effective registration statement (for example, separate file numbers for separate offering programs at the same closed-end fund). The HTML payloads of such companions can be substantively identical, differing only in fileNo, filmNo, and the accession-level metadata. Deduplication by economic event therefore requires looking beyond the accession number alone — pairing on issuer CIK, sale date, and share count is more reliable.
• Financial-printer artifacts. The trailing HTML comment with SEQ, FOLIO, FILE, USER, and CD fields is metadata from the issuer's financial printer rather than SEC content; it is informative for provenance but should not be confused with disclosed data.
• Numeric extraction. The proceeds table is small and consistently structured but renders the dollar sign in a cell separate from the numeric value. Robust extraction requires reading adjacent <td> cells together rather than parsing a single cell as a currency string.
• Pricing-paragraph variance. The narrative sentence stating the sale date, share count, distribution channel, and price per share is the most unstructured element of the supplement. Wording varies by issuer and offering type, so structured-field extraction should anticipate paraphrasing while relying on the proceeds table for canonical numeric values.
• The base prospectus is referenced, not embedded. To reconstruct the full offering disclosure, the supplement must be paired with the prospectus identified by its date in the supplement's header — that document lives at a different accession number outside this dataset, traceable via the issuer CIK and the SEC fileNo recorded in entities[].
• Rule 430A linkage is implicit. The supplement does not always cite Rule 430A by name; the linkage is established by the form type itself (497H2) and by the base-prospectus reference at the top of the document.

Who Files or Publishes This Dataset, and When

Who files

Form 497H2 is filed by registered investment companies whose Securities Act registration statement was declared effective in reliance on Rule 430A. The filer of record is the fund itself, not the underwriter, investment adviser, distributor, administrator, or fund complex, even though those parties typically appear in the prospectus supplement.

In practice the population is dominated by closed-end funds registered on Form N-2, including:

• Listed closed-end management investment companies
• Interval funds and tender-offer funds
• Business development companies (BDCs) that register securities on Form N-2

Open-end mutual funds, ETFs, and variable insurance products rarely have occasion to use Rule 430A because their shares are sold continuously at NAV or under a different pricing mechanic, so they appear in this dataset only in unusual cases. Operating-company issuers (registrants on Form S-1, S-3, S-11, F-1, F-3, etc.) cannot file in the 497 series at all; their Rule 430A pricing supplements are filed on Form 424B (typically 424B1, 424B2, 424B4, or 424B5).

Triggering event

The filing is event-driven, not periodic. It is triggered when a registered investment company prices an offering whose registration statement (or post-effective amendment) was declared effective with pricing-related information intentionally omitted under Rule 430A.

Rule 430A under the Securities Act of 1933 permits a registrant to omit price-dependent items from the prospectus included in the effective registration statement, specifically the public offering price, underwriting discounts and commissions, the amount of net proceeds, and any other terms that depend on the offering price (for example, conversion rates or redemption prices). Once those terms are set at pricing, the registrant must complete the prospectus by filing a supplement that supplies the omitted information. For investment-company registrants, that supplement is filed under Rule 497(h)(2) and is transmitted to EDGAR using submission type 497H2.

Regulatory framework

The disclosure obligation rests on three layers of the Securities Act of 1933:

• Sections 5 and 10, which require sales pursuant to a registration statement and a prospectus that meets statutory information requirements.
• Rule 430A (17 CFR 230.430A), which permits omission of price-dependent information from the effective prospectus on the condition that the omitted information be filed promptly.
• Rule 497(h) (17 CFR 230.497(h)) under the Securities Act, which governs prospectus and prospectus-supplement filings by registered investment companies. Paragraph (h)(2) specifically addresses the case where a Rule 430A pricing supplement must be filed by an investment company registrant.

497H2 is an EDGAR submission type, not a stand-alone form with its own item-and-instruction set. The substantive disclosure is the prospectus supplement carried inside the submission.

Timing

Rule 497(h) requires the Rule 430A pricing supplement to be filed no later than the fifth business day after the earlier of (i) the date the offering price was determined or (ii) the date the prospectus is first used after effectiveness. In practice, funds usually file on the pricing date or the next business day so that sales to the public are made on the basis of a complete, on-file final prospectus and the registrant's Section 5 prospectus-delivery posture is unambiguous.

A fund may file Form 497H2 multiple times across its life, once per Rule 430A-priced offering, but the form has no recurring or calendar-driven filing schedule.

Important distinctions

• Operating-company issuers using Rule 430A file Form 424B, not 497H2. The 497 series is closed to non-investment-company registrants.
• Within the 497 series, 497H2 is reserved for the Rule 430A pricing-completion scenario. Routine prospectus updates use 497, summary prospectuses use 497K, Rule 482 advertising materials use 497AD, and Rule 497(j) "no material change" certifications use 497J.
• Continuous offerings, at-the-market programs, and shelf takedowns priced before effectiveness generally do not require Rule 430A reliance, so they do not produce 497H2 filings; any required supplements move through other 497-series codes.
• Corrections to a previously filed pricing supplement are typically made by filing a further 497-series supplement rather than by amending the original 497H2, which is treated as a transactional submission tied to a specific pricing event.

How This Dataset Differs From Similar Datasets or Filings

Form 497H2 is narrowly defined: it is the Rule 497(h)(2) pricing supplement that completes a Rule 430A omission for a registered investment company, almost always a closed-end fund. The most useful comparisons are with other 497-series filings, the 424B-series operating-company analogues, the parent N-2 registration, and the 486-series post-effective amendments.

Form 497 (general investment company prospectus filings)

Filed under Rule 497(c) or Rule 497(e) by all registered investment companies (open-end, closed-end, ETFs, UITs) to submit definitive prospectuses, SAIs, supplements, and stickers. Same legal family and overlapping filer base, but a much broader scope: 497 covers everything from full prospectuses to one-page strategy stickers. 497H2 is the narrow pricing-completion subset, triggered by a specific 430A event rather than by ongoing prospectus delivery or update obligations.

Form 497K (summary prospectus)

Filed under Rule 498, almost exclusively by open-end mutual funds and ETFs, to deliver the standardized retail summary prospectus. Shares only the "497" prefix with 497H2. 497K is recurring, retail-delivery-driven, and open-end-fund-centric; 497H2 is event-driven, closed-end-fund-centric, and tied to a single capital raise.

Form 497AD (closed-end fund advertising)

Filed under Rule 482 / Rule 34b-1 by closed-end funds to submit advertisements and sales literature. Filer population overlaps heavily with 497H2, but the content does not: 497AD is promotional material, not a statutory prospectus component. 497H2 carries legally operative offering terms; 497AD does not.

Form 497J (no-material-change certification)

Filed under Rule 497(j) as a negative confirmation that the effective prospectus and SAI are unchanged, used in lieu of refiling. Functionally the inverse of 497H2: 497J declines to add disclosure, while 497H2 supplies new pricing disclosure required to complete the offering.

Form 497H1 (other Rule 497(h) supplements)

The closest sibling. Both fall under Rule 497(h) and are filed by registered investment companies post-effectiveness. The split is by trigger: 497H2 is reserved for supplements that complete a Rule 430A pricing omission; 497H1 covers other 497(h) supplemental disclosures that are not the 430A pricing completion. For studies focused on priced offering economics, only 497H2 is canonical.

424B-series (especially 424B4)

The operating-company analogue. 424B1 covers initial offerings, 424B2 delayed shelf takedowns, 424B3 substantive supplements, 424B4 Rule 430A pricing completions, and 424B5 shelf pricing supplements. 424B4 is the exact functional twin of 497H2 — both supply 430A-omitted pricing — but the filer regimes are mutually exclusive: 424B-series is for operating companies and other non-investment-company issuers; 497-series is for registered investment companies. A complete view of 430A pricing completions across all issuers requires both.

Form N-2 (closed-end fund registration statement)

The parent registration statement under which most 497H2 filings operate. N-2 contains the base prospectus, SAI, and full structural and narrative disclosure. 497H2 is downstream: it adds price, share count, underwriting spread, and net proceeds to an offering already described in an effective N-2. N-2 is comprehensive and narrative; 497H2 is short, transactional, and quantitative. The two are linked by CIK and offering and reconstruct the full deal together.

Form 486-series (486APOS, 486BPOS, 486BXT)

Post-effective amendments filed under Rule 486 by interval funds and certain continuously offered closed-end funds. 486APOS is pre-effective for staff review; 486BPOS is immediately effective; 486BXT is delayed-effective. These amend the registration statement and its exhibits. 497H2 does not amend the registration statement — it supplements an already-on-file prospectus. 486-series filings maintain the offering vehicle; 497H2 prices an individual tranche.

Boundary summary

Form 497H2 occupies a narrow intersection: registered investment companies (overwhelmingly closed-end funds), filed under Rule 497(h)(2), and tied specifically to Rule 430A pricing completion. It is not interchangeable with the broader 497 dataset (different subsections and document types), with N-2 (substantive registration content), or with 486-series filings (registration-statement amendments). It is the buy-side-fund mirror of 424B4 but never overlaps with it because the filer regimes are exclusive. For the final priced economics of closed-end fund offerings — share count, offering price, underwriting spread, net proceeds — 497H2 is the canonical filing; the neighbors supply context but cannot substitute for it.

Who Uses This Dataset

Form 497H2 supplements lock in final pricing for closed-end fund offerings launched under Rule 430A with price terms initially omitted. Each filing yields a tight set of fields — offering price per share, share count, gross proceeds, underwriting discount or sales load, and net proceeds to the issuer — that a narrow set of professional functions consume.

Closed-end fund analysts

Buy-side and sell-side analysts covering registered investment companies treat 497H2 as the authoritative confirmation of an IPO's final terms. They extract offering price, common and preferred share counts, gross and net proceeds, and sales load, then feed them into NAV-versus-offering-price spreads, premium/discount tracking, and post-listing performance attribution. Historical panels support peer benchmarking on pricing and underwriting economics for comparable mandates.

Disclosure counsel for fund sponsors and underwriters

Securities lawyers drafting prospectus supplements use the archive as a precedent library. They study how peers structure the offering price and proceeds tables, phrase reliance on Rule 430A, disclose sales load and overallotment options, and describe additional underwriter compensation, then confirm prior 430A offerings closed pricing through 497H2 within the rule's window.

Compliance officers at fund advisers and broker-dealer underwriters

Compliance teams reconcile each 497H2 against internal pricing-committee records and the underwriting agreement: filing date inside the Rule 497(h)(2) window, sales load matching the syndicate agreement, and net proceeds matching subscription accounting. The full archive from December 1995 forward supports retrospective reviews during examinations and internal audits.

Equity capital markets bankers covering CEFs

ECM desks structuring CEF IPOs and follow-ons mine the dataset for competitive pricing precedents: anchor offering prices (typically near $20 or $25), gross spread, sponsor-absorbed structuring fees, and the gross-to-net proceeds ratio for funds of comparable size and strategy. Underwriting discount and additional-compensation lines feed fee-pool models; share counts gauge market absorption for similar new issues. Bankers ingest the archive in bulk into pitch-book and league-table tooling.

Fund administrators and offering-proceeds accounting

Administrators reconcile capital activity against the as-filed record: shares times offering price equals gross proceeds, less underwriting discount equals net proceeds remitted to the fund. They tie capital stock, additional paid-in capital, and deferred offering costs on the fund's books to the public figures during seeding, the first NAV strike, and first-period financial statement preparation.

Financial data vendors operating fund-reference and new-issue products

Operators of fund-reference databases, new-issue calendars, and corporate-actions feeds parse 497H2 supplements to populate issuer name, security type, offering price, share count, sales load, and proceeds for every CEF IPO. The small, predictable record shape makes full-archive ingestion at refresh time the natural pattern; normalized records flow downstream to wealth platforms and order management systems.

Academic researchers in financial economics

Researchers build event-study panels on CEF IPO pricing, the closed-end fund discount, sales-load levels over time, and the link between underwriting compensation and post-listing returns. The uniform field shape (price, shares, gross and net proceeds, discount) across the 1995-to-present series makes it convenient to ingest as a panel and merge with secondary-market price data.

Regulatory examination staff

Examiners reviewing Rule 430A and Rule 497(h)(2) compliance verify that registrants relying on price omission at effectiveness filed the supplement on time and that disclosed pricing matches related Form N-2 amendments and underwriting agreements. The archive supports sweeps across sponsors with multiple CEF launches.

Document-AI and LLM extraction teams

Teams building extraction pipelines for fund documents use 497H2 as a bounded training and evaluation corpus. The narrow field set (price, shares, proceeds, discount) and consistent layout across filings make it useful for benchmarking field-level extraction accuracy, classifiers that distinguish 497-series variants, and prompts that summarize final pricing terms for analyst tooling.

Specific Use Cases

Form 497H2 records reduce to a small, reliable set of priced-offering fields — sale date, share count, offering price, underwriting discount or sales load, gross proceeds, and net proceeds — for closed-end fund offerings completing a Rule 430A omission. The use cases below are tied directly to those fields and to the supplement's templated layout.

• CEF IPO pricing studies for ECM desks. Bankers structuring closed-end fund IPOs and follow-ons pull offering price, share count, and gross spread from the embedded proceeds table across comparable mandates to build pricing-precedent panels. Outputs feed pitch books, league-table tooling, and fee-pool models that benchmark gross-to-net proceeds ratios and sponsor-absorbed structuring fees for funds of similar size and strategy.
• NAV-versus-offering-price spread tracking for CEF analysts. Buy- and sell-side analysts extract the offering price and reference-price line from each supplement and join them to first-day NAV and listing-exchange close to compute launch-day premium/discount. Sequential 497H2 filings under the same CIK give a clean tranche-level series for post-listing performance attribution.
• Fee-pool and proceeds reconciliation for fund administrators. Administrators tie shares times offering price to gross proceeds, then subtract the underwriting commission or distribution fee row to confirm net proceeds remitted to the fund. The reconciled figures feed capital stock, additional paid-in capital, and deferred-offering-cost entries during seeding and first-period financial statements.
• Rule 497(h)(2) timeliness sweeps for compliance and examination staff. Compliance officers and examiners compare filedAt in metadata.json against the sale date in the pricing paragraph to verify the supplement landed within the two-business-day window, and check the sales load against the syndicate agreement. Sponsor-level sweeps run across the December 1995-to-present archive by issuer CIK and fileNo.
• Precedent libraries for disclosure counsel. Securities lawyers drafting 430A pricing supplements query the archive for peer phrasings of the proceeds table, sales-load disclosure, overallotment treatment, and additional underwriter compensation, then confirm prior 430A offerings of a given sponsor closed pricing through a timely 497H2.
• New-issue feeds and fund-reference databases. Data vendors bulk-ingest each accession's metadata.json plus the proceeds table to populate issuer name, ticker, security type, offering price, share count, sales load, and gross/net proceeds for every CEF IPO. The small, uniform record shape supports full-archive refresh ingestion routed to wealth platforms and OMS feeds.
• Bounded training and evaluation corpus for document-AI extraction. ML teams use the templated HTML layout — issuer header, supplement date, narrative pricing paragraph, three-row proceeds table, reference-price line — as a labeled benchmark for field-level extraction accuracy and for classifiers that separate 497H2 from 497, 497J, 497K, and 424B4 siblings.

Dataset Access

Dataset Index JSON API: https://api.sec-api.io/datasets/form-497h2-files.json

This endpoint returns dataset-level metadata and the full list of container files available for download. It includes the dataset name, description, last updated timestamp, earliest sample date, total record count and total size, covered form types, container format, included file types, the full dataset download URL, and per-container metadata such as the container key, size, record count, last updated timestamp, and individual download URL. This endpoint does not require an API key.

The per-container updatedAt timestamps make it possible to monitor refresh runs daily and selectively download only the containers that have changed since the previous run.

Example response:

          1
          {
        

          2
            "datasetId": "1f13365b-9ae0-6a1a-838b-e6f8a43e1684",
        

          3
            "datasetDownloadUrl": "https://api.sec-api.io/datasets/form-497h2-files.zip",
        

          4
            "name": "Form 497H2 Files Dataset",
        

          5
            "updatedAt": "2026-04-16T08:27:11.059Z",
        

          6
            "earliestSampleDate": "1995-12-01",
        

          7
            "totalRecords": 83,
        

          8
            "totalSize": 5934695,
        

          9
            "formTypes": ["497H2"],
        

          10
            "containerFormat": "ZIP",
        

          11
            "fileTypes": ["TXT", "JSON", "HTML"],
        

          12
            "containers": [
        

          13
              {
        

          14
                "downloadUrl": "https://api.sec-api.io/datasets/form-497h2-files/2026/2026-03.zip",
        

          15
                "key": "2026/2026-03.zip",
        

          16
                "size": 138421,
        

          17
                "records": 2,
        

          18
                "updatedAt": "2026-04-16T08:27:11.059Z"
        

          19
              }
        

          20
            ]
        

          21
          }
        

Download Entire Dataset: https://api.sec-api.io/datasets/form-497h2-files.zip?token=YOUR_API_KEY

Downloads the complete Form 497H2 dataset as a single ZIP archive containing every monthly container from December 1995 to the latest refresh. This endpoint requires an API key.

Download Single Container: https://api.sec-api.io/datasets/form-497h2-files/2026/2026-03.zip?token=YOUR_API_KEY

Downloads one monthly container ZIP file with all filings submitted in that month. Use this endpoint to fetch only the months you need or to incrementally pull recently updated containers identified via the dataset index JSON API. This endpoint requires an API key.

Frequently Asked Questions

What form does this dataset cover?

The dataset covers EDGAR submission type 497H2 — definitive prospectus supplements filed under Rule 497(h)(2) of the Securities Act of 1933 to complete pricing information that was omitted from the effective prospectus in reliance on Rule 430A. Each record is one accession-numbered submission of that form type.

What does one record in this dataset represent?

One record is a single EDGAR submission of Form 497H2 by a registered investment company, materialized as a folder named after the 18-digit undashed accession number. The folder contains a metadata.json describing the filing and the original HTML prospectus supplement carrying the executed offering economics — sale date, shares sold, sales price per share, underwriting commission or distribution fee, and gross and net proceeds.

Who is required to file Form 497H2?

The filer of record is the registered investment company itself — overwhelmingly closed-end funds registered on Form N-2, including listed closed-end management investment companies, interval funds, tender-offer funds, and business development companies. The filing is triggered when the fund prices an offering whose registration statement was declared effective with pricing-related information omitted under Rule 430A, and Rule 497(h) requires the supplement no later than the fifth business day after pricing or first use.

How does this dataset differ from Form 424B4?

Form 424B4 is the exact functional twin of 497H2 — both supply Rule 430A pricing completions — but the filer regimes are mutually exclusive. 424B4 is filed by operating companies and other non-investment-company issuers, while 497H2 is reserved for registered investment companies. A complete view of all Rule 430A pricing completions across the U.S. registration system requires both datasets.

What time period does the dataset cover?

The dataset begins with EDGAR's earliest accepted 497H2 sample dated December 1, 1995, and continues through the most recent refresh. Coverage is the full population of 497H2 submissions accepted by EDGAR over that span, organized into per-month ZIP archives by filing year.

What file format is the dataset distributed in?

The dataset is distributed as ZIP containers, one per filing month, under the path pattern <YEAR>/<YEAR>-<MM>.zip. Inside each container, every accession folder holds a metadata.json and one HTML prospectus supplement; the included file types declared at the dataset level are TXT, JSON, and HTML, with TXT references appearing only inside metadata to point at the EDGAR complete-submission text file.

How are images and the EDGAR complete-submission text file handled?

GRAPHIC documents (typically fund logos delivered as .jpg or .gif) referenced by the original submission are intentionally excluded from the dataset, and the aggregated EDGAR complete-submission .txt file is referenced via linkToTxt in metadata but not bundled. Only the per-document files that carry the substantive 497H2 content — the metadata.json manifest and the HTML supplement — are retained in each accession folder.