Embodiments disclosed herein provide for monitoring performance of a processing device to manage non-precise events. A processing device includes a performance counter to track a non-precise event and to increment upon occurrence of the non-precise event, wherein the non-precise event comprises a first type of performance event that is not linked to an instruction in an instruction trace. The processing device also includes a first handler circuit to generate and store a first record, the first record comprising architectural metadata defining a state of the processing device at a time of generation of the first record, wherein the first handler circuit to generate records corresponding to precise events. The processing device further includes a second handler circuit communicably coupled to the first handler circuit, the second handler circuit to cause the first handler circuit to generate a second record for the non-precise event upon overflow of the performance counter.