How Do I Read My Investment's Performance?

When your sponsor shares performance, an investment's Overview tab has a Performance panel. The figures run through the date of your sponsor's latest valuation, shown as As of at the top of the panel.

What Each Figure Means

• IRR: your yearly return, counting when each dollar went in and came back. IRR is since you invested. 1-Year IRR and 3-Year IRR appear once you have held the investment that long; they treat the value you held at the start of the period as if you paid it in that day.
• Equity Multiple: what you have received plus what you still hold, for every dollar you paid in. 1.25x means $1.25 for each $1.00.
• DPI: what you have received in cash so far, for every dollar you paid in.
• Cash Yield: cash income over the last 12 months as a share of the money you had invested. If you invested less than a year ago, it covers the time since you invested.

Hover over the i beside a figure, or choose How We Calculate These, for the exact method.

Why a Figure Shows a Dash

The reason appears under the dash. The most common ones:

• Your sponsor hasn't shared a valuation yet. IRR and equity multiple need one; DPI and cash yield don't.
• Payments in came after payouts had started, so there is no single standard IRR.
• An ownership transfer has no recorded value.

Good to Know

• Figures combine all of your accounts in the investment.
• They use your share after the investment's payout rules and before any tax held back.
• They are estimates from your sponsor's records, not tax figures. Your K-1 or 1099 is the tax record.
• If you don't see a Performance panel, your sponsor hasn't turned it on.