PenderFund Receives Industry Recognition for Strong, Long-Term, Risk-Adjusted Returns with 2025 LSEG Lipper Fund Awards

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VANCOUVER, British Columbia, Nov. 06, 2025 (GLOBE NEWSWIRE) — PenderFund Capital Management Ltd. (“Pender”) is pleased to announce that the Pender Corporate Bond Fund and the Pender Bond Universe Fund each received LSEG Lipper Fund Awards at the Lipper Fund Awards Ceremony held in Toronto on November 5, 2025.

Financial Post

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The Pender Bond Universe Fund was recognized for its 3-year return within its category of Global Corporate Fixed Income.

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The Pender Corporate Bond Fund swept its category, winning recognition in the 3-, 5- and 10-year performance periods in its category of Multi-Sector Fixed Income.

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This award for the Pender Corporate Bond Fund is particularly poignant, as it has been ten years since Geoff Castle took over management of the fund and leadership of the fixed income team at Pender. Later this year will also mark the ten-year anniversary of Associate Portfolio Manager Parul Garg joining the portfolio management team for the fund.

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The awards are based on objective, quantitative criteria and LSEG Lipper’s methodology can be viewed here.

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“We are thrilled to receive these Lipper Awards. It’s great to receive recognition of the hard work that the team puts in every day for our investors,” said Geoff Castle, Lead Portfolio Manager, Fixed Income. “The secret really is having a strong discipline, paying attention to value, finding the best opportunities and always asking, “what can go wrong”, and that seems to have paid off”.

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“Congratulations to the entire fixed income team on these awards,” commented Greg Taylor, CIO of Pender. “How did they achieve this? Geoff’s team sticks to a proven investment strategy, never wavering from that disciplined approach whatever the market serves up, and this generates the consistent and positive returns generated for clients and recognised by the LSEG Lipper Award methodology.”

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The Pender Bond Universe Fund is an income fund with an investment grade focus that aims to preserve capital and generate returns through current income and capital appreciation. Alongside Geoff Castle, Emily Wheeler is the Portfolio Manager and has managed the Fund since its inception in January 2020.

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The Pender Corporate Bond Fund is an income fund that is managed to preserve capital, as well as generate returns opportunistically. Geoff Castle, Lead Portfolio Manager, Fixed Income, has managed the Fund since 2015. Alongside Geoff, the portfolio is managed by Emily Wheeler, Portfolio Manager, and Parul Garg, Associate Portfolio Manager.

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The winning share classes in the High Yield Fixed Income category are as follows:
3 Years – Pender Bond Universe Fund – Class F (US$) – Trophy
3 Years – Pender Corporate Bond Fund – Class U – Trophy
5 Years – Pender Corporate Bond Fund – Class U – Certificate
10 Years – Pender Corporate Bond Fund – Class F – Certificate

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About PenderFund Capital Management Ltd.
Pender was founded in 2003 and is an independent, employee-owned investment firm located in Vancouver, British Columbia. Our goal is to protect and grow wealth for our investors over time. We have a talented investment team of expert analysts, security selectors and independent thinkers who actively manage a suite of differentiated investment funds, exploiting inefficient parts of the investing universe to achieve our goal.

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