1.0Gestion de capital PenderFund ltéehttps://penderfund.com/frEvan Warburtonhttps://penderfund.com/fr/author/ewarburton/rich600338<blockquote class="wp-embedded-content" data-secret="2ncwVfMmRs"><a href="https://penderfund.com/fr/commentaries/pender-credit-opportunities-fund-q1-2025/">Pender Credit Opportunities Fund - Q1 2025</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://penderfund.com/fr/commentaries/pender-credit-opportunities-fund-q1-2025/embed/#?secret=2ncwVfMmRs" width="600" height="338" title="« Pender Credit Opportunities Fund - Q1 2025 » — PenderFund Capital Management" data-secret="2ncwVfMmRs" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://penderfund.com/wp-includes/js/wp-embed.min.js </script>https://penderfund.com/wp-content/uploads/2025/09/PCOF.png850400Dear Co-investors, We sincerely thank you for partnering with us in the Pender Credit Opportunities Fund. We are truly grateful for the trust you have placed in us by allocating your capital to this strategy. The Fund is focused on identifying and investing in securities of financially challenged businesses that are trading below our assessment […]