Pengana Global Private Credit Trust (AU:PCX) has released an update.
Pengana Global Private Credit Trust reports strong commitment to their investment strategy, with 82.5% of capital allocated and investments poised for completion by end of August. The Trust will commence its first monthly distribution mid-August, amidst a cautiously optimistic global credit investment environment that presents growing opportunities. Portfolio performance remains solid with mid-market companies showing resilience and credit strategies benefiting from market volatility.
For further insights into AU:PCX stock, check out TipRanks’ Stock Analysis page.