Picton Mahoney Tactical Income Fund announced the target monthly distribution rate for 2022. 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 $0.0333 per unit for Class A and $0.0365 per unit for Class F moving forward.

The Fund has also declared a monthly distribution for Class A of $0.0333 per unit ($0.3996 per unit on an annualized basis) and for Class F of $0.0365 per unit ($0.4380 per unit on an annualized basis) for the month of January 2022. The distribution will be paid on or before February 22, 2022 to unitholders of record as at January 31, 2022.