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An update from Pengana Global Private Credit Trust ( (AU:PCX) ) is now available.
Pengana Global Private Credit Trust, an ASX-listed investment vehicle focused on global private credit, offers investors access to diversified credit investments via its fully paid ordinary units. The trust operates in the managed funds sector, targeting income-focused investors seeking exposure to non-traditional credit markets.
The trust has provided an updated notification of its on-market buy-back program, reporting a cumulative 1,447,651 units repurchased before the previous day and a further 11,337 units bought back on the prior trading day. The ongoing daily buy-back suggests the manager is actively using capital management to support the unit price and optimise the trust’s capital structure for existing unitholders.
More about Pengana Global Private Credit Trust
Pengana Global Private Credit Trust is an investment trust listed on the ASX, trading under the code PCX. It provides investors exposure to a portfolio of global private credit assets through fully paid ordinary units.
Average Trading Volume: 191,651
Technical Sentiment Signal: Strong Buy
Find detailed analytics on PCX stock on TipRanks’ Stock Analysis page.