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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 offering access to global private credit via ordinary units, continues to actively manage its listed capital. The trust focuses on providing investors with exposure to private credit markets through a listed structure.
The trust has updated the market with a daily notification on its ongoing on-market buy-back program for its fully paid ordinary units. As of the latest update, it has repurchased a cumulative 1,580,339 units before the previous day and a further 50,000 units on the previous day, signaling continued capital management and potential support for the trading price and liquidity of its units.
More about Pengana Global Private Credit Trust
Pengana Global Private Credit Trust is an investment trust listed on the ASX under the code PCX. It provides investors with exposure to a diversified portfolio of global private credit assets through fully paid ordinary units.
Average Trading Volume: 196,157
Technical Sentiment Signal: Strong Buy
For a thorough assessment of PCX stock, go to TipRanks’ Stock Analysis page.