Picton Mahoney Tactical Income Fund Announces Target Monthly Distribution Rate for 2021 and Monthly Distribution for January 2021
TORONTO, Jan. 15, 2021 /CNW/ - (TSX: PMB.UN) Picton Mahoney Tactical Income Fund (the "Fund"), a closed-end investment fund, announced today the target monthly distribution rate for 2021. While the Fund does not have a fixed distribution, distributions are targeted to be 5% per annum of the net asset value per unit. Monthly distributions are now targeted to be equal to $0.0339 per unit for Class A and $0.0369 per unit for Class F moving forward.
The change in targeted monthly distribution for the Fund takes into account many factors, including but not limited to, the Fund's current and expected earnings, the overall market environment and Picton Mahoney's current economic and market outlook.
The Fund has also declared a monthly distribution for Class A of $0.0339 per unit ($0.4068 per unit on an annualized basis) and for Class F of $0.0369 per unit ($0.4428 per unit on an annualized basis) for the month of January 2021. The distribution will be paid on or before February 22, 2021 to unitholders of record as at January 29, 2021.
Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) announces the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI...
BioArctic AB (publ) today announced that BioArctic AB and Eisai Co., Ltd., have entered into a research evaluation agreement regarding BAN2802, a potential new treatment combining BioArctic's proprietary BrainTransportertm technology with an...
Note: All times local
Victoria, British Columbia
10:20 a.m.
The Prime Minister will greet the President of Poland, Andrzej Duda.
Note for media:
Pooled photo opportunity10:25 a.m.
The Prime Minister will meet with the President of Poland,...
OKX, a leading Web3 technology company, today announced that it now supports deposits and withdrawals of ORDI and SATS tokens on the Merlin Chain. This integration expands the range of networks available to OKX users for managing these key Web3...
Hackensack, NJ, is witnessing significant progress in the construction of The Forte, a 315,000-square-foot mixed-use building at 95 Anderson Street. This development, spearheaded by Fouerti Realty, is poised to bring 222 residential units, 238...
OKX, a leading Web3 technology company, today announced an exciting partnership between its OKX Wallet and Ethena, an Ethereum-based synthetic dollar protocol, to launch the Ethena USDe Bonus Event....
