House Money Calculator

"House money" is the moment a fund's distributions have handed back every dollar you put in. Enter your fund, buy date, and shares — see how far along you are, from the real payment record, and your projected payback date.

Your Position
Any US-listed fund with payment history.
Distributions are counted after this date.
As your brokerage shows today (splits handled).
What you actually put in, in dollars.
What Does "House Money" Actually Mean?

The phrase comes from the casino floor: once you've pocketed winnings equal to what you walked in with, you're gambling with "the house's money" — psychologically, you can't lose your own anymore. (Behavioral economists call the way people take bigger risks afterward the house money effect.)

Income investors borrowed the phrase for a specific milestone: the day a fund's distributions add up to your entire original investment. Every check after that lands on top of money you already got back. With high-yield weekly payers, that day can arrive in a few years — which is why "are you on house money yet?" is a constant question in income-investing communities, and why this calculator exists.

What This Calculator Does — and Doesn't — Tell You

"House money" is the moment your fund's distributions have handed back every dollar you put in. For high-yield weekly payers it's the number everyone quietly tracks — and usually estimates by hand. This page computes it from the fund's actual payment record: every distribution per share since your buy date, times your shares.

What it deliberately doesn't do is flatter you. Distributions from high-yield funds are often partly return of capital — your own money coming back, lowering your cost basis while the share price drifts down. That's why the full-picture box above always shows distributions plus current share value against what you invested. House money is a milestone worth celebrating; it just isn't the same thing as profit.

Assumptions: you held the whole time, took distributions as cash (no reinvesting), and all figures are pre-tax. The projection uses the fund's recent payout pace, which will change — payouts on these funds move with markets and volatility. See any fund's full record on its payment-history chart.

Educational tool only — not financial or tax advice. Payment history comes from a third-party data source and may contain errors or delays; verify against official sources. Past distributions do not guarantee future payments, and projections are estimates that will change with the fund's actual payouts. Nothing here is a recommendation to buy, hold, or sell any fund.