Pender Corporate Bond Fund Class F
NAVPS
NAVPS:$12.24
Change
$0.04 (0.29%)
More information on FundGrade
Pender Corporate Bond Fund Class F
Compare to:
Inception Return
(06-01-2009)
6.28%
YTD Return
1.13%
NAVPS
(03-27-2024)
$12.24
$0.04
(0.29%)
MER
1.19%
Assets ($mil)
$1,502
1 Yr Return
6.73%
Registered Plan Eligible
Yes
Load
No Load
CIFSC Category
High Yield Fixed Income
Share Class
Fee Based Advice
Fund Codes
PGF510(NL)
FUNDGRADE
Classification
Mutual
Legal Status
Trust
Sales Status
Open
Currency
CAD
Start Date
June 01, 2009
Distribution Frequency
Monthly
The objective of the Fund is to preserve capital and generate returns through current income and capital appreciation. The Fund invests primarily in investment and non-investment grade fixed income securities issued by North American corporations. This, however, does not preclude the Fund from making equity investments when the Manager deems the risk/reward trade-off to be in the investors’ favour.
The Fund employs a value-based fundamental research process. The Manager believes that private and public securities are priced inefficiently and, as a result, the price of any given security only occasionally coincides with its intrinsic value. The Manager attempts to identify and exploit these inaccuracies using internal analyses. Those businesses whose securities the Manager believes to be undervalued will be considered as investment candidates.
Inception Return
(06-01-2009)
6.28%
YTD Return
1.13%
FundGrade
NAVPS (03-27-2024)
$12.24
$0.04
/
0.29%
Best Month
6.31%
Worst Month
-12.17%