Picton Mahoney Fortified Market Neutral Alternative Fund (TSX: PFMN)
Canada
· Delayed Price · Currency is CAD | Assets | 261.53M |
| Expense Ratio | 4.32% |
| PE Ratio | n/a |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 1.16% |
| Ex-Dividend Date | Dec 21, 2023 |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +10.05% |
| Volume | 22,958 |
| Open | 15.10 |
| Previous Close | 15.11 |
| Day's Range | 15.10 - 15.12 |
| 52-Week Low | 13.27 |
| 52-Week High | 15.50 |
| Beta | 0.11 |
| Holdings | 691 |
| Inception Date | Jul 16, 2019 |
About PFMN
Picton Mahoney Fortified Market Neutral Alternative Fund is an exchange traded fund launched and managed by Picton Mahoney Asset Management. It invests in public equity and fixed income markets. For its equity portion, the fund invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. It employs long/short strategy and uses derivatives such as options, futures, forwards and swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, it invests in fixed income securities including high yield securities. Picton Mahoney Fortified Market Neutral Alternative Fund was formed on September 21, 2018 and is domiciled in Canada.
Performance
PFMN had a total return of 11.43% in the past year. Since the fund's inception, the average annual return has been 8.37%, including dividends.
Top 10 Holdings
77.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 20.16% |
| Canada (Government of) | CTB 0 04.11.02 | 12.56% |
| Canada (Government of) | CTB 0 07.04.02 | 11.65% |
| Canada (Government of) | CTB 0 08.01.02 | 10.12% |
| Canada (Government of) | CTB 0 05.09.02 | 9.32% |
| Royal Bank of Canada | RY | 3.34% |
| Canadian Pacific Kansas City Limited | CP | 2.81% |
| Manulife Financial Corporation | MFC | 2.63% |
| Element Fleet Management Corp. | EFN | 2.52% |
| Suncor Energy Inc. | SU | 2.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 21, 2023 | 0.1722 CAD | Dec 29, 2023 |
| Dec 20, 2019 | 0.0091 CAD | Dec 31, 2019 |