Canso Credit Trust - Canso Credit Income Fund is a closed ended fixed income mutual fund launched by Lysander Funds Limited. The fund is managed by Canso Investment Counsel Ltd. It invests in the fixed income markets of Canada. The fund primarily invests in corporate bonds. It employs fundamental analysis with bottom-up and deep value approach to create its portfolio. The fund benchmarks the performance of its portfolio against the DEX Universe Corporate Bond Index. Canso Credit Trust - Canso Credit Income Fund was formed on July 16, 2010 and is domiciled in Canada.

Overall MarketRank^™

1.23 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Canso Credit Income Fund.

2.8 Community Rank

Outperform Votes
Canso Credit Income Fund has received 54 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canso Credit Income Fund has received 43 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canso Credit Income Fund has received 55.67% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Canso Credit Income Fund and other stocks. Vote “Outperform” if you believe PBY.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PBY.UN will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Canso Credit Income Fund is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canso Credit Income Fund does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canso Credit Income Fund insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$72,973.00 in company stock and sold C$0.00 in company stock.

0.0 Earnings and Valuation

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Canso Credit Income Fund (TSE:PBY.UN) Frequently Asked Questions

What stocks does MarketBeat like better than Canso Credit Income Fund?

Wall Street analysts have given Canso Credit Income Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canso Credit Income Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has Canso Credit Income Fund's stock price been impacted by COVID-19?

Canso Credit Income Fund's stock was trading at C$9.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PBY.UN stock has increased by 45.7% and is now trading at C$14.10.
View which stocks have been most impacted by COVID-19.

How often does Canso Credit Income Fund pay dividends? What is the dividend yield for Canso Credit Income Fund?

Canso Credit Income Fund announced a monthly dividend on Friday, May 28th. Investors of record on Thursday, July 15th will be given a dividend of 0.0417 per share on Thursday, July 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.55%. The ex-dividend date is Friday, May 28th.
View Canso Credit Income Fund's dividend history.

Is Canso Credit Income Fund a good dividend stock?

Canso Credit Income Fund pays an annual dividend of C$0.50 per share and currently has a dividend yield of 4.22%. PBY.UN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Canso Credit Income Fund's dividend history.

Who are Canso Credit Income Fund's key executives?

Canso Credit Income Fund's management team includes the following people:

Mr. Richard Usher-Jones, Chief Exec. Officer of Lysander Funds Limited and Pres of Lysander Funds Limited
Mr. Rajeev Vijh, CFO - Lysander Funds Ltd, COO - Lysander Funds Ltd and VP - Lysander Funds Ltd
Mr. Timothy John Hicks, Chief Investment Officer of Lysander Funds Limited and Director of Lysander Funds Limited
Ms. Brenda Ellen Burns, Corp. Sec. of Lysander Funds Limited
Mr. Ian Bailey Mauchan, VP of Lysander Funds Limited

Who are some of Canso Credit Income Fund's key competitors?

Some companies that are related to Canso Credit Income Fund include British Empire Trust (BTEM), European Opportunities Trust (JEO), JTC (JTC), MLP (MLP), Schroder Oriental Income Fund (SOI), Polar Capital (POLR), SDCL Energy Efficiency Income (SEIT), Invesco Value Municipal Income Trust (IIM), Temple Bar Investment Trust (TMPL), VinaCapital Vietnam Opportunity Fund (VOF), ICG Enterprise Trust (ICGT), Timbercreek Financial (TF), Standard Life Private Equity Trust (SLPE), Patria Investments (PAX) and Invesco Quality Municipal Income Trust (IQI).
View all of PBY.UN's competitors.

What is Canso Credit Income Fund's stock symbol?

Canso Credit Income Fund trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PBY.UN."

How do I buy shares of Canso Credit Income Fund?

Shares of PBY.UN and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Canso Credit Income Fund's stock price today?

One share of PBY.UN stock can currently be purchased for approximately C$14.10.

How much money does Canso Credit Income Fund make?

Canso Credit Income Fund has a market capitalization of C$203.77 million.

What is Canso Credit Income Fund's official website?

The official website for Canso Credit Income Fund is lysanderfunds.com.

How can I contact Canso Credit Income Fund?

The company can be reached via phone at 905-881-8853.

This page was last updated on 5/6/2021 by MarketBeat.com Staff

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Canso Credit Income Fund Stock Forecast, Price & News

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About Canso Credit Income Fund

MarketRank™

Overall MarketRank™

0.0 Analyst's Opinion

Consensus Rating

2.8 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

1.7 Dividend Strength

Dividend Leadership

Dividend Growth