Special Meeting for certain mutual fund unitholders to be held on October 31, 2025 - Click here to learn more

Class
Key Documents

Overview

The Pender Credit Opportunities Fund will seek to achieve attractive risk-adjusted investment returns, principally through capital appreciation and income generation, by investing in a diversified portfolio of debt securities, direct loans and other debt instruments, composed primarily of stressed and distressed debt securities of publicly traded issuers.

The Pender Credit Opportunities Fund (PCOF) is a separate and distinct fund from the Pender Corporate Bond Fund (PCBF) and Pender Credit Opportunities Fund I (PCOF I) and results of the PCBF and PCOF I are not indicative of the performance of PCOF. The Pender Credit Opportunities Fund is a private, limited partnership fund and only. available to Accredited Investors who meet certain criteria.

Accredited Investors, for more information on the Pender Credit Opportunities Fund please connect with Richa Nair.

Performance

As at
Performance
Calendar Performance
Since Inception returns are from January 31, 2025. All returns greater than a year are annual compounded returns.
Standard Performance Data is subject to important disclosures set out in our Disclaimer.
No Growth of 10k to display.

Holdings

As at
Asset Allocation
Missing allocations.
Sector Allocation
Missing allocations.
Currency Allocation
Missing allocations.

Facts

No Series Info to display.
Asset Class:
Stressed & Distressed Credit
Inception Date:
January 31, 2025
Valuation Frequency:
Distributions:
Benchmark:

Documents

Resources

Pender Credit Opportunities Fund - Q2 2025

Dear Co-investors, Thank you for your continued partnership in the Pender Credit Opportunities Fund. The past quarter was highly dynamic, marked by unexpected tariff proposals, rising capital costs, and increased market volatility. While the Fund is mark-to-market and subject to short-term fluctuations, we see volatility as a source of opportunity—not risk. In this letter, we […]

Read More
Pender Credit Opportunities Fund - Q1 2025

Dear Co-investors, We sincerely thank you for partnering with us in the Pender Credit Opportunities Fund. We are truly grateful for the trust you have placed in us by allocating your capital to this strategy. The Fund is focused on identifying and investing in securities of financially challenged businesses that are trading below our assessment […]

Read More
Pender Credit Opportunities Fund - Q4 2024

Dear Investor Since its inception, the Fund has achieved a net return of 29.6%, outperforming our benchmark[1] return of 14.8%. As of the end of 2024, the Fund's net IRR stands at 20.6%. The investment period concluded in July 2024. On October 1, 2024, we distributed 26% of committed capital to investors, followed by an […]

Read More
Pender Credit Opportunities Fund – Q3 2024

Dear Investor, Since its inception, the Pender Credit Opportunities Fund (PCOF) has delivered a return of 26.7%, net of all fees and expenses, with a Net IRR of 22.2%. The investment period concluded in July 2024, and on October 1 we distributed 26% of committed capital back to investors, derived from realized investments. Although we […]

Read More
Pender Credit Opportunities Fund - Q2 2024

Dear Investor, We sincerely appreciate your continued support of Pender Credit Opportunities Fund I (PCOF I). Since its launch, the Fund has delivered an impressive return of 19.8%, net of all fees and expenses, outperforming both the High Yield Market (ICE BofA US High Yield TR USD returned 8.9%) and the CCC index (ICE BofA […]

Read More

Team

Geoff Castle
Lead Portfolio Manager, Fixed Income
View Profile
Parul Garg
Associate Portfolio Manager
View Profile

Sign Me Up

Receive a hand-picked selection of our latest insights monthly, straight to your inbox.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Email Opt In

© 2025 PenderFund Capital Management Ltd. All Rights Reserved.
crossmenuchevron-downchevron-up-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram