Canso Credit Income Fund – Class F
- PBY.UN
- Portfolio Manager: Canso Investment Counsel
- As of: May 31, 2022
- Fund Category: Fixed Income
Investment Focus
The Canso Credit Income Fund is a closed-end fund which seeks to maximize total returns for unit holders while reducing risk and provide unitholders with monthly cash distributions, by taking long and short positions in a portfolio of primarily corporate bonds and other income securities.
Risk Tolerance
Why Invest In This Fund
Experienced Management Team • Independent Research • Attractive Yields
The Fund’s portfolio manager is Canso Investment Counsel Ltd. Canso’s bottom-up deep value investment approach is based on a foundation of independently researching businesses and evaluating securities across an entity’s entire capital structure. Canso’s team combines independent research expertise with security selection ability, and is well regarded as a skilled credit manager. The Fund is primarily invested in an actively managed and diversified portfolio of corporate bonds. Distributions are initially targeted at $0.50 per Class A and F units per annum, representing a yield of 5% per annum of the original issue price.
• Canso emphasizes “bottom up” and “deep value” credit analysis
• Canso exploits market liquidity to the advantage of our investors
• Canso finds opportunities that others miss
Fund Facts
| Inception Date | July 16, 2010 |
| Initial NAV | $9.73 |
| NAVPU | $16.39 |
| Distribution Frequency | Monthly |
| Latest Distribution | $0.0417 per unit (May 16, 2022) |
| Next Distribution | $0.0417 per unit (Jun 15, 2022) |
| Cumulative Distributions Since Inception | $5.9157 per unit |