Canso Credit Trust's stock has shown stability in recent trading sessions, maintaining its price amidst limited news.
Canso Credit Trust - Canso Credit Income Fund (PBY-UN.TO) has seen minimal price movement recently, with its unit price remaining at C$16.08. This week, the fund has not reported any significant news or developments that could impact its performance, leading to a steady trading environment for investors.
Canso Credit Trust - Canso Credit Income Fund
PBY-UN.TO
PBY-UN.TO
Canso Credit Trust - Canso Credit Income Fund
WealthAwesomeMarket cap
$236.29M
52W high
$16.61
52W low
$14.70
1W change
+0.00%
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on PBY-UN's historical volatility
30-Day Vol
9.2%
Annualized
90-Day Vol
13.4%
Annualized
Trend (90d)
-7.0%
Annualized drift
90d Mean
C$15.68
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$15.95 | C$15.45 – C$16.46 |
| 60 trading days | C$15.81 | C$15.12 – C$16.54 |
| 90 trading days | C$15.68 | C$14.84 – C$16.57 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: For investors in Canso Credit Trust, the current stability in unit prices may indicate a period of consolidation. With the fund's recent conversion to an ETF and ongoing monthly distributions, it's essential to monitor any future developments that could influence unit performance.
Canso Credit Trust's Unit Price Remains Stable at C$16.08
Currently, the unit price is within 72% of its 52-week range of C$14.70 to C$16.61, indicating a relatively stable trading environment.
Bull case
The conversion to an exchange-traded fund (ETF) could attract new investors and increase liquidity, which may enhance the fund's market presence.
Bear case
With a profit margin of 0.0% and no significant news recently, the fund might struggle to generate investor interest, potentially leading to stagnant performance.
Recent Price Action
Canso Credit Trust - Canso Credit Income Fund (PBY-UN.TO) closed at C$16.08, reflecting no change in its unit price for the day and the week. The fund has shown a year-to-date increase of 0.94%, indicating a period of stability amidst minimal trading activity.
Company News and Developments
This week, Canso Credit Trust did not report any significant news. However, past headlines indicate that the fund recently transitioned from a closed-end fund to an exchange-traded fund (ETF), now known as Lysander-Canso Credit Income ActivETF. This change, effective July 28, 2026, may enhance liquidity and attract new investors.
Technical Picture
From a technical perspective, Canso Credit Trust's unit price is currently trading just below its 50-day moving average of C$16.17, reflecting a slight underperformance of 0.5%. The 200-day moving average is at C$16.06, showing a slight outperformance of 0.1%. The fund's 52-week range is between C$14.70 and C$16.61, indicating that the current price is situated within 72% of this range. Notably, the trading volume has been low, with only 2,800 shares traded recently compared to the 20-day average of 24,145 shares, suggesting reduced investor activity.
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