09:03 AM EST, 11/27/2025 (MT Newswires) -- Pender Growth Fund ( PNDDF ) , which gained 7% yesterday, overnight Wednesday said it swung to a net loss in the third quarter, while its total revenue fell.

The company's net loss was C$248,441 for the three months ended Sept. 30, 2025, compared to a net income of $5.8 million in the same period last year.

Net loss per Class C common share was $0.04 for the three months ended Sept. 30, compared to net income per share of $0.80 in the same period last year.

Total revenue for the period was reported at $615,009, compared to $7.3 million in the corresponding year-ago period.

"While macro events have driven investor sentiment, we have remained focused on our bottom-up fundamental research to identify companies that can thrive in a wide range of economic scenarios," said the company. "We believe that this environment provides compelling opportunities for long-term focused investors and that the company is well-positioned to continue to pursue its investment objectives."