TPI (Total Value to Paid In) is an indicator that measures the ratio between the amounts already paid to investors and the estimated value of the portfolio, divided by the total amount paid by investors.
If the IPST is greater than 1, it means that the fund is in a capital gains position. On the other hand, if the IPTV is less than 1, it indicates that the fund has not yet created value.
IPST is broken down into IPST = IPR + IPVR or Distributions Paid + Estimated Portfolio Value.