Insights

Over the 12 months to 31 December, the Perpetual Credit Income Trust (ASX: PCI) has returned 4.4%, outperforming the RBA Cash Rate (Benchmark) by 4.4%.

In January 2022, BondAdviser released an updated rating report on ASX: PCI, upgrading its rating to "Recommended"

Over the 12 months to 30 November, the Perpetual Credit Income Trust (ASX:PCI) has returned 5.0%, outperforming the RBA Cash Rate (Benchmark) by 5.0%.

Investors building a low-risk income generating portfolio are facing a challenging market with low interest rates on government bonds and term deposits. Managing Director, Credit & Fixed Income, Michael Korber, looks at how corporate credit can work as an alternative.

Over the 12 months to 31 October, the Perpetual Credit Income Trust (ASX:PCI) has returned 6.5%, outperforming the RBA Cash Rate (Benchmark) by 6.5%.

Par value is the term used to describe the principal amount lent to the bond issuer, which they commit to repay to investors when the bond matures. Unlike market value, par value does not fluctuate over time.

Over the 12 months to 30 September, the Perpetual Credit Income Trust (ASX:PCI) has returned 7.1%, outperforming the RBA Cash Rate (Benchmark) by 7%.

Maturity is the agreed-upon date on which an investment ends, often triggering repayment or some other form of settlement. In the case of bonds, maturity is the time when the issuer must repay the original bond value to the holder.

Over the 12 months to 31 August 2021, the Perpetual Credit Income Trust (ASX:PCI) has returned 6.8%, outperforming the RBA Cash Rate (Benchmark) by 6.8%.

The principal amount or principal is the original amount of investment in an asset, separate from any earnings or interest accrued. It is therefore crucial to understanding both lending and investing practices.

All types of bonds pay interest to bondholders and the amount of interest paid out is known as the coupon rate. The issuer of the bond agrees to make interest payments equal to the coupon rate to investors.

Portfolio Managers, Michael Korber and Anne Moal provide an update on markets, how the PCI portfolio has been managed in the current market conditions and the opportunities they are seeing in credit and fixed income.