(As of 8/31/2025)

Pender Corporate Bond Fund Class A

(Multi-Sector Fixed Income)

FundGrade A+^® Rating recipient
For more information about FundGrade click here

2023
2022
2021
2019

Inception Return (6/1/2009)	6.04 %
YTD Return	3.62 %

NAVPS (9/17/2025)	$13.63
Change	($0.01) / -0.08 %

Growth of $10,000 (As of August 31, 2025)

MER	2.07 %
Assets ($mil)	-
Rank (1Yr)	14/300
Std Dev (3Yr)	8.74 %
Volatility Ranking (3Yr)	1/10
RRSP Eligibility	Yes
Load	Back Fee Only
Max Front End	5.00 %
Max Back End	-
Sales Status	Open

Objective

The objective of the Fund is to preserve capital and generate returns through current income and capital appreciation. The Fund invests primarily in investment and non-investment grade fixed income securities issued by North American corporations. This, however, does not preclude the Fund from making equity investments when the Manager deems the risk/reward trade-off to be in the investors’ favour.

Fund Manager

PenderFund Capital Management Ltd.

Portfolio Manager

Geoff Castle, PenderFund Capital Management Ltd.

Parul Garg, PenderFund Capital Management Ltd.

Emily Wheeler, PenderFund Capital Management Ltd.

Sub-Advisor

Asset Allocation
(As of August 31, 2025)

Sector Allocation
(As of August 31, 2025)

Geographic Allocation
(As of August 31, 2025)

Top 10 Holdings

Name	Asset	Sector	Geographic	Percent
First Majestic Silver Corp 0.38% 15-Jan-2027	Foreign Bonds	Fixed Income	United States	2.17%
Waste Management Canada Corp 2.60% 23-Jul-2026	Domestic Bonds	Fixed Income	Canada	2.07%
Esperion Therapeutics Inc 5.75% 15-Jun-2030	Foreign Bonds	Fixed Income	United States	2.04%
Aberdeen Standard Physical Platinum ETF (PPLT)	Other	Exchange Traded Fund	United States	1.95%
EQUINOX GOLD CORP	Domestic Bonds	Fixed Income	Canada	1.74%
Fair Isaac Corp 4.00% 15-Jun-2028	Foreign Bonds	Fixed Income	United States	1.72%
United States Treasury 4.63% 15-Feb-2035	Foreign Bonds	Fixed Income	United States	1.71%
VeriSign, Inc 4.75% 29-Jun-2025	Cash and Equivalents	Cash and Cash Equivalent	United States	1.63%
Tenaz Energy Corp 12.00% 14-Nov-2029	Domestic Bonds	Fixed Income	Canada	1.61%
BLUENORD ASA 12.00% 10-Jul-2085	Foreign Bonds	Fixed Income	Other	1.59%

Performance Data (As of August 31, 2025)

	Return (%)				Annualized Return (%)
Return	1 Mth	3 Mth	6 Mth	YTD	1 Yr	3 Yr	5 Yr	10 Yr
Fund	2.33	5.63	1.40	3.62	8.29	8.14	7.04	6.72
Benchmark	0.79	2.58	0.58	3.03	7.15	7.05	0.64	2.56
Quartile Ranking	1	1	3	3	1	1	1	1

Calendar Return (%)	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Fund	15.84	6.62	-6.56	9.37	6.23	4.74	5.54	7.01	22.69	-8.71
Benchmark	9.76	5.25	-10.27	-4.31	7.35	4.01	6.50	1.23	1.29	16.14
Quartile Ranking	1	3	1	1	2	4	1	1	1	4

Website powered by © Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use.
BofA Merill Lynch Indices used with permission.
© 2025 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us.