Pender Real Estate Credit Fund I2 (PNDIX)
10.05
0.00 (0.00%)
USD |
Apr 02 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 4.29% | -- | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 7.57% |
Basic Info
| Investment Strategy | |
| The Fund seeks to generate risk-adjusted current income, prioritizing capital preservation through real estate-related investments that credit investments secured by real estate located in the United States. The Fund invests at least 95% of its net assets, in a portfolio of real estate-related credit investments. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Sector Real Estate US |
| Peer Group | Real Estate Funds |
| Global Macro | Equity Real Estate |
| US Macro | Sector Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Real Estate Funds |
| Fund Owner Firm Name | Pender Capital |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
--
-145.90M
Peer Group Low
165.86M
Peer Group High
1 Year
% Rank:
--
-820.80M
Peer Group Low
1.292B
Peer Group High
3 Months
% Rank:
--
-393.08M
Peer Group Low
299.51M
Peer Group High
3 Years
% Rank:
--
-6.018B
Peer Group Low
2.276B
Peer Group High
6 Months
% Rank:
--
-492.48M
Peer Group Low
633.51M
Peer Group High
5 Years
% Rank:
--
-5.561B
Peer Group Low
4.110B
Peer Group High
YTD
% Rank:
--
-393.08M
Peer Group Low
299.51M
Peer Group High
10 Years
% Rank:
--
-7.262B
Peer Group Low
6.610B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 05, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 2.02% |
| Stock | 0.00% |
| Bond | 141.2% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -43.25% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Mavdevman P1 LLC 01-Jun-2028
|
9.63% | -- | -- |
|
Camelot Village Apts LLC FRN 01-Jan-2027
|
8.48% | -- | -- |
|
Warrior Fund I LLC FRN 01-Jan-2026
|
8.40% | -- | -- |
|
Atlanta 330 LLC FRN 01-Sep-2026
|
7.55% | -- | -- |
|
Farm To Market Industries LLC FRN 01-Jun-2026
|
6.52% | -- | -- |
|
Magnolia TH LLC FRN 01-May-2026
|
5.99% | -- | -- |
|
WAM Harvey LLC FRN 01-Nov-2026
|
5.73% | -- | -- |
|
Prosper GP LP LLC FRN 01-Sep-2026
|
5.61% | -- | -- |
|
LNX Uptown LLC FRN 01-Jun-2026
|
5.53% | -- | -- |
|
201 Clark RD Apts LLC FRN 01-Jan-2027
|
4.96% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 1.45% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 100.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to generate risk-adjusted current income, prioritizing capital preservation through real estate-related investments that credit investments secured by real estate located in the United States. The Fund invests at least 95% of its net assets, in a portfolio of real estate-related credit investments. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Sector Real Estate US |
| Peer Group | Real Estate Funds |
| Global Macro | Equity Real Estate |
| US Macro | Sector Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Real Estate Funds |
| Fund Owner Firm Name | Pender Capital |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-1-26) | 7.21% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 55 |
| Bond | |
| Yield to Maturity (12-31-25) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 52 |
As of December 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |