Invesco Fundamental Investment Grade Corporate Bond ETF

PFIG

Market cap $115M

TORONTO, June 16, 2026 (GLOBE NEWSWIRE) -- (TSX: PFIA, PFCO, PFCB, PFAA, PFIG) Picton Mahoney Asset Management (“PICTON Investments”) announced today that it has declared the June 2026 monthly cash distribution of $0.0530 per unit for the ETF units (“ETF Units”) of the PICTON Long Short Income Alternative Fund.

AI development requires large projects to establish computing power. That in turn requires massive amounts of financing.

We think the Fed has time to assess the impact of tariffs, and we expect it to wait to cut rates until the data show that tariffs are impacting the real economy. So far, there are no signs of recession in the hard data. The tariff pause offers the possibility to avoid worst-case economic scenarios before the damage is crystalized. We believe technical factors will continue to drive market dislocations in spreads and sectors, and that active managers can navigate this more effectively.

M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not traditionally supposed to be fans of M&A, and it's true we are wary of leveraging M&A, where debt is loaded onto balance sheets to buy competitors. We are seeing a comeback for M&A that we think is likely to continue through 2024.