Le Lézard
Classified in: Business
Subject: DIV

Picton Mahoney Tactical Income Fund Announces Annual Redemption


TORONTO, May 1, 2020 /CNW/ - (TSX: PMB.UN) Picton Mahoney Tactical Income Fund, a closed-end investment fund (the "Fund"), announced today that 1,214,646 units of the Fund, representing 24.94% of the outstanding units of the Fund, were submitted for redemption on the annual redemption date of April 30, 2020. In total, 1,130,569 Class A units and 84,077 Class F units were submitted for redemption. Unitholders who tendered Class A units for redemption will be entitled to receive $7.6558 per unit, the net asset value per unit on the annual redemption date. Unitholders who tendered Class F units for redemption will be entitled to receive $8.3441 per unit, the net asset value per unit on the annual redemption date. Redeeming unitholders will also be entitled to receive the previously announced monthly distribution for April for Class A of $0.0334 per unit and for Class F of $0.0363 per unit. Payments will be made on or before May 22, 2020.

SOURCE Picton Mahoney Asset Management


These press releases may also interest you

at 15:42
Ademi LLP is investigating Integrated Financial for possible breaches of fiduciary duty and other violations of law in its transaction with Capital Bancorp....

at 15:28
Mineros S.A. (CB: MINEROS) ("Mineros" or the "Company") is providing a correction to the disclosure on the 2023/2024 dividend information contained in its press release of March 27, 2024. The information below replaces and supersedes the prior 2023...

at 15:21
Average weekly trading volume of approximately 511,698 sharesFund's adviser has more than 50 years of small- and micro-cap investment experienceCLOSING PRICES AS OF 02/29/24 NAV 10.57 MKT 9.33   AVERAGE ANNUAL TOTAL RETURN AS OF 02/29/24 NAV (%) MKT...

at 15:20
A closed-end fund that invests in global equities using a disciplined value approachAverage weekly trading volume of approximately 111,480 sharesFund's adviser has more than 50 years of small- and micro-cap investment experience  CLOSING PRICES AS OF...

at 15:20
Aventiv Technologies, a communications and technology business serving the incarcerated, their friends and family, and state and local correctional facilities, today announced an agreement...

at 15:00
Coldwell Banker Seaside Realty was proud to recently announce The Heather Sakers Team as their Top Producing Team for the Kitty Hawk office. Based on total sales volume for the year, this accolade was earned by The Heather Sakers Team for achieving...



News published on and distributed by: