InvestSMART

Pallas Senior Income Fund - Managed Fund

Fund Objective
The Fund; through its investment in Qualifying Lenders; aims to provide investors with attractive; risk-adjusted cash returns; supported by investments in single asset and/or diversified portfolio(s) of registered first mortgage senior debt investments (Qualifying Loans) to the private Australian and New Zealand CRE debt markets.
Fund Strategy
To achieve target return of 5.0% p.a. over the RBA Cash Rate (net of fees and expenses but pre-tax); and provide monthly cash distributions; capital preservation and portfolio diversification by building and continually recalibrating a portfolio that offers exposure to real estate loans secured by first mortgages only; against Australian and New Zealand metropolitan commercial property.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.72% 2.25% 4.58% 10.07% -% -% -% -%
Growth return 0% 0% 0% 0% -% -% -% -%
Income return 0.72% 2.25% 4.58% 10.07% -% -% -% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.29% 0.9% 1.88% 4.03% 4.17% 3.92% -% -%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
47.54%
International Equities
6.14%
Cash
40.10%
Fixed Interest
6.23%

General Information

Fund Details
Type Description
Pallas Senior Income Fund
PCF6645AU
Alternative - Private Debt
Not Rated
Unknown
1 May 2024
$111.44 million (as at 30 Sep 2025)
$1 (as at 30 Sep 2025)
$1 (as at 30 Sep 2025)
Open
Offer information
Type Description
Minimum initial investment $50,000
Minimum additional investments $10,000.00

FAQs about the Pallas Senior Income Fund

The objective of the Pallas Senior Income Fund managed fund is The Fund; through its investment in Qualifying Lenders; aims to provide investors with attractive; risk-adjusted cash returns; supported by investments in single asset and/or diversified portfolio(s) of registered first mortgage senior debt investments (Qualifying Loans) to the private Australian and New Zealand CRE debt markets.

The strategy of the Pallas Senior Income Fund managed fund is To achieve target return of 5.0% p.a. over the RBA Cash Rate (net of fees and expenses but pre-tax); and provide monthly cash distributions; capital preservation and portfolio diversification by building and continually recalibrating a portfolio that offers exposure to real estate loans secured by first mortgages only; against Australian and New Zealand metropolitan commercial property.

The APIR code of the Pallas Senior Income Fund managed fund is PCF6645AU.

Pallas Senior Income Fund’s total return last month was 0.72%. This was made up of a growth return of 0% and an income return of 0.72%. These returns were calculated as at 30 Sep 2025.

Pallas Senior Income Fund’s total return for the last three months was 2.25%. This was made up of a growth return of 0% and an income return of 2.25%%. These returns were calculated as at 30 Sep 2025.

Pallas Senior Income Fund’s one-year total return is 10.07%. This was made up of a growth return of 0% and an income return of 10.07%. These returns were calculated as at 30 Sep 2025.

Pallas Senior Income Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the Pallas Senior Income Fund managed fund is :

Alternatives
100%
International Equities
0%
Cash
0%
Fixed Interest
0%

The Pallas Senior Income Fund managed fund belongs to the Alternative - Private Debt sector/asset class.

As at 30 Sep 2025, the size of the Pallas Senior Income Fund managed fund was $111.44 million.

The Pallas Senior Income Fund managed fund has an inception date of 1 May 2024.

The current entry price of the Pallas Senior Income Fund managed fund is $1 per unit and the current exit price is $1 per unit (as at 30 Sep 2025).

The current exit price of the Pallas Senior Income Fund managed fund is $1 per unit and the current entry price is $1 per unit (as at 30 Sep 2025).

The minimum initial investment amount for the Pallas Senior Income Fund managed fund is $50,000. Minimum additional investment is $10000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.