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Canso Credit Trust - Canso Credit Income Fund (TSE:PBY.UN) Shares Pass Below 50-Day Moving Average - Here's What Happened

Canso Credit Trust - Canso Credit Income Fund logo with Finance background

Canso Credit Trust - Canso Credit Income Fund (TSE:PBY.UN - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$15.34 and traded as low as C$15.32. Canso Credit Trust - Canso Credit Income Fund shares last traded at C$15.32, with a volume of 7,700 shares trading hands.

Canso Credit Trust - Canso Credit Income Fund Stock Performance

The business's 50 day simple moving average is C$15.34 and its two-hundred day simple moving average is C$15.15.

Canso Credit Trust - Canso Credit Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, September 10th were given a dividend of $0.0417 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend was Friday, August 30th.

Canso Credit Trust - Canso Credit Income Fund Company Profile

(Get Free Report)

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.

Further Reading

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