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PE1 turns SpaceX gains into a higher quarterly income target
9:36am on Wednesday 14th of October, 2026 AEDT
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Financial Services
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PE1 turns SpaceX gains into a higher quarterly income target
9:36am on Wednesday 14th of October, 2026 AEDT
Key Points
Target cash distribution yield lifted from 4% to at least 6% of NAV
3% distribution planned for December 2026, followed by quarterly payments of at least 1.5%
SpaceX sales and other realisations have generated about A$13 million in distributions since August
Formulaic buyback allocation linked to the NAV discount will be discontinued
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Pengana Private Equity Trust (ASX:PE1)
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