Warrants, convertible notes, and LLC interests have always been edge cases in portfolio tools, tracked in side files or shoehorned into data models built for equity.

PortfolioIQ now supports the full lifecycle of each:

Warrants: Record the issuance, capture the strike payment at exercise, and convert to the target security. Cost basis flows through correctly whether the warrant was issued at zero or purchased at a premium. If it expires, mark it down and move on.

Convertible Notes: Track from purchase through conversion, with accrued interest included in the cost basis on the target security.

LLC Interests: Register investments and realizations against LLC interest securities directly.

IRR and cost basis calculations work consistently across all security types without special handling.