Picton Mahoney Tactical Income Fund Announces Annual Redemption
TORONTO, May 1, 2018 /CNW/ - (TSX: PMB.UN) Picton Mahoney Tactical Income Fund, a closed-end investment fund (the "Fund"), announced today that 1,348,421 units of the Fund, representing 16.83% of the outstanding units of the Fund, were submitted for redemption on the annual redemption date of April 30, 2018. In total, 1,297,513 Class A units and 50,908 Class F units were submitted for redemption. Unitholders who tendered Class A units for redemption will be entitled to receive $8.6276 per unit, the net asset value per unit on the annual redemption date. Unitholders who tendered Class F units for redemption will be entitled to receive $9.2559 per unit, the net asset value per unit on the annual redemption date. Redeeming unitholders will also be entitled to receive the previously announced monthly distribution for April for Class A of $0.0365 per unit and for Class F of $0.0390 per unit. Payments will be made on or before May 22, 2018.
SOURCE Picton Mahoney Tactical Income Fund
![](https://rt.newswire.ca/rt.gif?NewsItemId=C2165&Transmission_Id=201805011200CANADANWCANADAPR_C2165&DateId=20180501)
Arthur Galloway, Picton Mahoney Asset Management, Tel: (416) 955-4108, Web site: www.pictonmahoney.com, Email: [email protected]
Share this article