Personal Investment Peformance (PIP)?

[OBGibby]

I logged into my TSP account and saw under account balance there is a new "Personal Investment Performance (PIP)" percentage, based on the the previous 12 months. Is this new, or have I just never noticed it before?

 

[Steadygain]

It's new to the TSP Site

They already updated the annual paperwork which included this with your last yearly investments, gains, and losses.

 

[Rogue]

Well, how'd you do?

Your Personal Investment Performance (PIP) for the 12 months ending 06/30/2009 is -18.26%. (Your PIP is posted by the 3rd business day of each month.)

That's a negative 18.26%, correct?

 

[Guest2]

Well, how'd you do?
That's a negative -18.26%, correct?

YES, That's quite negative. When I saw this for the first time, I went to the
search area of TSP.gov and searched the words; "Personal Investment
Performance" and found a description/Definition about the formula utilized.

In case your interested !

 

[Rogue]

Yeah I saw that too. The formula's a bit complicated.

http://www.tsp.gov/faq/faq16-annual-stmt.html

PERSONAL INVESTMENT PERFORMANCE

Q16. What is “Your YYYY Personal Investment Performance”?
The Personal Investment Performance (PIP) number is a combined rate of return earned on all of the funds you held in your TSP account during the year covered by the annual statement. Your personal performance is based on the performance of your investments and on the timing and amount of your purchases (e.g., contributions) and redemptions (e.g., loans and withdrawals) as well as the effect of any interfund transfers. Therefore, your personal performance may differ substantially from the performance of the investments themselves.
Q17. How does the TSP calculate Personal Investment Performance?
The TSP uses the Modified Dietz method to calculate Personal Investment Performance. The Modified Dietz method weights individual cash flows by the amount of time that those cash flows are held in the portfolio. This method of calculation is widely used by financial analysts and investment managers to measure the time-weighted returns of investment portfolios.
Q18. All of my money was in one fund during the year covered by the annual statement. Why is my Personal Investment Performance different from the rate of return of that fund?
The Modified Dietz method of calculation is sensitive to large cash flows (e.g., loans, withdrawals, rollovers, or even contributions if the account balance is relatively small) and to volatility in the markets.
If you were invested in one fund, and only one fund, during the statement year, cash flows into or out of that fund could cause the PIP rate of return on your statement to be slightly different from the fund’s rate of return.
Q19. Why doesn’t my annual participant statement show a Personal Investment Performance number?
If your TSP balance was $0 on the first or last business day of any month during the calendar year, an annual rate of return was not calculated, thus the Personal Investment Performance will not display on your statement. This particularly affects new and rehired participants.

http://www.tsp.gov/faq/faq16_annual-partstmt_modifieddietz.pdf

 

[Rogue]

So, how are the rest of you doing in PIP?

 

[poolman]

So, how are the rest of you doing in PIP?

The Markets have never been so different with my +25 years of analysis. Always a challenge.

"Your Personal Investment Performance (PIP) for the 12 months ending 06/30/2009 is 22.33%. (Your PIP is posted by the 3rd business day of each month.)"

 

[Frixxxx]

"Your Personal Investment Performance (PIP) for the 12 months ending 06/30/2009 is 6.93%. (Your PIP is posted by the 3rd business day of each month.)"

 

[peterson82]

4.0

 

[Intrepid_Timer]

Your Personal Investment Performance (PIP) for the 12 months ending 06/30/2009 is 11.95%

 

[Intrepid_Timer]

12-month returns for the TSP funds:

G: 3.32%
F: 6.18%
C: -26.20%
S: -27.94%
I: -31.21%

Buy and hold? I think not....................

 

[Minnow]

"Your Personal Investment Performance (PIP) for the 12 months ending 06/30/2009 is 22.33%. (Your PIP is posted by the 3rd business day of each month.)"

Holy crap ... that's gotta be the winner (but we knew that already, huh?). Good on ya, PM.



me? 6.24% -- and a long way off .

 

[Rogue]

Buy and hold? I think not....................

That's what I'm doing wrong. Figure I'm buying low. But I'm losing my butt.

 

[Scribbler]

Your Personal Investment Performance (PIP) for the 12 months ending 06/30/2009 is 28.3%. (Your PIP is posted by the 3rd business day of each month.)

 

[KevinD]

I'm embarrassed to sat that I'm happy that my Personal Investment Performance (PIP) for the 12 months ending 07/31/2009 is -7.42%.

 

[Gumby]

Your Personal Investment Performance (PIP) for the 12 months ending 06/30/2009 is 28.3%. (Your PIP is posted by the 3rd business day of each month.)

Very impressive....Great Job

 

[jpr]

Your Personal Investment Performance (PIP) for the 12 months ending 07/31/2009 is 28.35%. (Your PIP is posted by the 3rd business day of each month.)

Assuming this is how much it has increased.... I wish I had more in there at the time of all of this

 

[Thunderhorse]

Your Personal Investment Performance (PIP) for the 12 months ending 07/31/2009 is 5.61%. (Your PIP is posted by the 3rd business day of each month.)

Can't complain. If I hadn't a sold out in late March....:blink:

 

[daf307]

Your Personal Investment Performance (PIP) for the 12 months ending 07/31/2009 is -13.54%. (Your PIP is posted by the 3rd business day of each month.)
Looks like I have some improving to do...

 

[gavinman]

Don't feel bad I'm at -19% !!