What can we help you find?
Your search had no results
Please try the following to find what you’re looking for:
- Check your spelling
- Try different words or word combinations (E.g. "fund form")
Monthly income backed by decades of experience
Perpetual Credit Income Trust (PCI) is designed to provide monthly income through a diversified portfolio of credit and fixed income assets. It is actively managed by one of Australia's most experienced credit teams.
PCI focuses on high-quality securities and avoids direct property or development lending.
You can access PCI on the ASX. Search for ASX:PCI.
Why Credit?
We believe credit and fixed income investments should be the bedrock of an investor’s defensive portfolio, as they typically provide a combination of capital preservation, liquidity and consistent income.
Fixed income can offer attractive yields relative to equities and term deposits. PCI's running yield is expected to be supported by a higher-for-longer rates regime while its floating rate structure insulates capital from further rate hikes.
Meet the Portfolio Managers
Perpetual’s credit and fixed income team is one of the most skilled in Australia, with decades of experience investing through different market conditions. The team takes a disciplined approach to credit investing, focusing on quality opportunities and careful risk selection.
PCI’s portfolio manager Greg Stock (left) has more than 30 years of experience and is Perpetual’s Head of Credit Research.
Greg is supported by deputy portfolio manager Thomas Choi (middle), who is a senior portfolio manager at Perpetual.
Michael Murphy (right) is a portfolio manager and senior high-yield analyst who manages Perpetual Loan Fund – a portfolio of private and syndicated loans that forms a crucial component of PCI.
Why choose PCI?
PCI's ASX-listed structure provides a simple and convenient way to access a professionally managed credit strategy.
Due to its size and market position, PCI can access quality credit and fixed income assets typically not available to individual investors.
Drawing from a broad investment universe, the portfolio provides diversification and flexibility, allowing the investment team to actively adjust allocations as market conditions evolve and value opportunities arise.
Key features
Monthly income
Decades of experience
Diversification
ASX listed - liquidity
Monthly income
PCI targets a total return of RBA Cash Rate plus 3.25% p.a. (net of fees) through the economic cycle*. It intends to pay distributions monthly.
* This is a target only and may not be achieved.
Decades of experience
Perpetual’s Credit and Fixed Income team has extensive experience and a long track record of performance.
Diversification
Access to a broad range of credit and fixed income assets diversified by country, asset type, credit quality, loan maturity and issuer. Many of these assets may not be typically available to retail investors.
ASX listed - liquidity
PCI is available on the ASX. You can invest and trade just like any share.
How to invest
You can buy and sell shares in PCI on the ASX via your stockbroker, share trading account or other securities platform.
Speak to your stockbroker, accountant or financial adviser.
For more information, please contact us on:
Hear from the Manager: Greg Stock, Head of Credit Research
Greg Stock, Head of Credit Research, shares how Australia’s evolving credit and fixed income market is opening up new opportunities, while keeping a clear focus on capital preservation.
Meet the Manager: Greg Stock
Download the PCI flyer
Download now
How Perpetual manages private credit risk by knowing what not to own
Private credit can offer attractive income, but recent headlines have reminded investors that the risks inside the asset class are not all the same. Michael Murphy explains.
More about PCI
Explore PCI's portfolio and latest investment performance.
Subscribe to the newsletter for updates
Subscribe for updates
Receive insights from Perpetual Credit Income Trust
This information has been prepared by Perpetual Investment Management Limited ABN 18 000 866 535 AFSL 234426 (PIML). Perpetual Trust Services Limited ABN 48 000 142 049 AFSL 236648 (PTSL) is the responsible entity and issuer of the Perpetual Credit Income Trust ARSN 626 053 496 (Trust). PTSL has appointed PIML to act as the manager of the Trust.
This is general information only and is not intended to provide you with financial advice or take into account your objectives, financial situation or needs. You should consider, with a financial adviser, whether the information is suitable for your circumstances. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information.
You should consider the product disclosure statement (PDS) of the Trust issued by PTSL dated 8 March 2019 and the Trust's other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange (ASX) prior to making any investment decisions in relation to the Trust. These are available at www.perpetualincome.com.au or can be obtained by calling 1300 912 776.
Neither PIML nor PTSL guarantees the repayment of capital or any particular rate of return from the Trust. This information does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of the Trust's units. Past performance is not a reliable indicator of future performance. All investing involves risk including the possible loss of principal.
Choose your region
Choose your location
Australia and New Zealand
The information on this website is intended for Australian residents or citizens who are currently located in Australia, or where expressly indicated, New Zealand residents or citizens who are currently located in New Zealand only, and should not be relied on by residents or citizens of any other jurisdiction. By clicking the “Proceed” button below, you are agreeing to the Terms & Conditions of use.
Singapore
Please read this information carefully as it governs your use of this website. The contents of this website and the products and services mentioned are intended for persons residing in Singapore, and the information on this website if only for such persons. This website is not directed to any person in any jurisdiction where its publication or availability is prohibited. By clicking the “Proceed” button below, you are agreeing to these terms.
United Kingdom
This information and the terms of use are subject to change at any time without notice. The contents of this website are intended for residents and citizens of the United Kingdom, and the European Union, and should not be relied on by residents or citizens of other jurisdictions. All investment products and services referenced in this website are managed and offered by either JOHCM or its affiliates within the Perpetual Limited group of companies ("Perpetual Affiliates"). By clicking the “Proceed” button below, you are agreeing to the Terms & Conditions of use.
Europe
This information and the terms of use are subject to change at any time without notice. The contents of this website are intended for residents and citizens of the United Kingdom, and the European Union, and should not be relied on by residents or citizens of other jurisdictions. All investment products and services referenced in this website are managed and offered by either JOHCM or its affiliates within the Perpetual Limited group of companies ("Perpetual Affiliates"). By clicking the “Proceed” button below, you are agreeing to the Terms & Conditions of use.