![]() ![]() THE PAST PERFORMANCE OF ANY INVESTMENT, INVESTMENT STRATEGY, OR INVESTMENT STYLE IS NOT INDICATIVE OF FUTURE PERFORMANCE. If you would like investment, accounting, tax, or legal advice, you should consult your own financial advisors, accountants, or attorney regarding your individual circumstances and needs. Nothing on this website is intended to be, and you should not consider anything on this website to be, investment, accounting, tax, or legal advice. Greenbacker does not give any advice or make any representations through this website as to whether any investment is suitable to you or will be profitable. Although the website may include investment-related information, nothing on the website is a recommendation that you purchase, sell or hold any security or other investment, or that you pursue any investment style or strategy. All returns are unaudited, assume the reinvestment of distributions, and are net of all expenses including G&A expenses, management fees, performance participation fees, and share class specific fees, as applicable.Īll content on this website is for informational purposes only. See the Private Placement Memorandum (“PPM”) for additional details related to the calculation of MSV.Ĥ Returns shown reflect the percentage change in the MSV per share from the beginning of the applicable period, plus the amount of any distribution per share declared in the period. The calculated value of our assets and liabilities may differ from our actual realizable value or future value, which would affect the MSV as well as any returns derived from MSV, and ultimately the value of your investment. Monthly Share Value (MSV) based calculations involve significant professional judgment. For a historical breakdown of the distribution funding sources, please see GREC’s SEC filings.ģ Monthly share value as of February 1, 2023. By funding distributions with a return of principal to investors, GREC will have less money to invest, which may lower its overall return. For the quarter ending December 31, 2022, over 80% of distributions were funded from a return of principal, with the remainder funded from cash flows from operations and cash on hand. In no event, however, shall funds be advanced or borrowed for the purpose of distributions if the amount of such distributions would exceed the accrued and received revenues for the previous four quarters, less paid and accrued operating costs with respect to such revenues, and costs shall be made in accordance with generally accepted accounting principles, consistently applied. GREC may fund distributions entirely from sources other than cash flow from operations, including, without limitation, the sale of assets, borrowings, or offering proceeds. Any distributions will be at the discretion of the board of directors. There is no assurance GREC will pay distributions in any particular amount, if at all. Inception to date (“ITD”) returns are annualized consistent with the IPA Practice Guideline 2018.Ģ As of Feb 1, 2023. ![]()
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