Perpetual Credit Income Trust (PCI) H2 2026 earnings summary

Executive summary

• Net assets attributable to unitholders rose 50.04% year-over-year to $799.4 million as of 30 June 2026, driven by a successful capital raising and strong portfolio performance.

• Profit for the year increased 27.4% to $47.8 million, reflecting higher investment income and improved net portfolio returns.

• The Trust maintained its investment objective of providing monthly income through a diversified pool of credit and fixed income assets.

Financial highlights

• Total investment income grew 27.4% to $53.8 million compared to the prior year.

• Distributions paid and payable for the year totaled $50.2 million (7.94 cents per unit), up from $40.1 million (8.27 cents per unit) in 2025.

• Net tangible assets per unit increased slightly to $1.099 from $1.096 year-over-year.

• Total assets reached $812.1 million, up from $537.2 million a year earlier.

• Basic and diluted earnings per unit were 7.61 cents, compared to 7.68 cents in the prior year.

Outlook and guidance

• The Trust will continue to be managed according to its investment objective and guidelines, with future results dependent on market conditions.

• The outlook for credit remains cautious amid ongoing geopolitical and inflationary uncertainties, but the Trust remains defensively positioned and diversified.