Canso Credit Trust – Canso Credit Income Fund (TSE:PBY.UN) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Canso Credit Trust – Canso Credit Income Fund (TSE:PBY.UN) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty 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 traded.

Canso Credit Trust – Canso Credit Income Fund Price Performance

The company has a 50-day moving average of C$15.34 and a 200 day moving average of C$15.15.

Canso Credit Trust – Canso Credit Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Tuesday, September 10th were paid a $0.0417 dividend. This represents a $0.50 annualized dividend and a yield of 3.27%. The ex-dividend date was Friday, August 30th.

Canso Credit Trust – Canso Credit Income Fund Company Profile

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.