Picton Mahoney Tactical Income Fund announced the target monthly distribution rate for 2023. While the Fund does not have a fixed distribution, distributions are targeted to be 5% per annum of the net asset value per unit. Monthly distributions are now targeted to be equal to $0.0300 per unit for Class A and $0.0330 per unit for Class F moving forward.

The Fund has also declared a monthly distribution for Class A of $0.0300 per unit ($0.3600 per unit on an annualized basis) and for Class F of $0.0330 per unit ($0.3960 per unit on an annualized basis) for the month of January 2023. The distribution will be paid on or before February 22, 2023 to unitholders of record as at January 31, 2023.