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About PICTON Income Fund Trust Units
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Inception date
Sep 9, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Picton Mahoney Asset Management
ISIN
CA7199151001
The fund pursues maximum risk-adjusted returns, primarily through a portfolio of global corporate debts. Investments are not restricted by debt type and may invest fully in foreign securities. To optimize returns and manage risk, the fund may employ strategies such as short selling, securities lending, repurchase agreements, as well as the use of derivatives, including options, futures, forwards, and swaps, for currency hedging purposes. It may also invest in leveraged and inverse ETFs. Holdings may include government bonds, loans, and convertibles. Additionally, the fund may hold preferred shares and equities, either directly or via ETFs and mutual funds, capped at 25%. Individual company exposure is limited to 5%. The fund may incur higher trading costs due to active portfolio trading.
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Classification
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PFIN trades at 9.97 CAD today, its price has fallen −0.40% in the past 24 hours. Track more dynamics on PFIN price chart.
PFIN assets under management is 1.00 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PFIN fund flows account for 0.00 CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, PFIN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, PFIN pays dividends to its holders with the dividend yield of 3.92%.
PFIN trades at a premium (0.80%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PFIN shares are issued by Picton Mahoney Asset Management
PFIN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 9, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.