TORONTO, May 1, 2019 /CNW/ - (TSX: PMB.UN) Picton Mahoney Tactical Income Fund, a closed-end investment fund (the "Fund"), announced today that 1,771,006 units of the Fund, representing 26.63% of the outstanding units of the Fund, were submitted for redemption on the annual redemption date of April 30, 2019. In total, 1,337,356 Class A units and 433,650 Class F units were submitted for redemption. Unitholders who tendered Class A units for redemption will be entitled to receive $8.0302 per unit, the net asset value per unit on the annual redemption date. Unitholders who tendered Class F units for redemption will be entitled to receive $8.6625 per unit, the net asset value per unit on the annual redemption date. Redeeming unitholders will also be entitled to receive the previously announced monthly distribution for April for Class A of $0.0334 per unit and for Class F of $0.0360 per unit. Payments will be made on or before May 22, 2019.
SOURCE Picton Mahoney Asset Management
For further information: Arthur Galloway, Picton Mahoney Asset Management, Tel: (416) 955-4108, Web site: www.pictonmahoney.com, Email: firstname.lastname@example.org