# PERPETUAL CREDIT INCOME TRUST

> Australian public company

**Wikidata**: [Q109627081](https://www.wikidata.org/wiki/Q109627081)  
**Source**: https://4ort.xyz/entity/perpetual-credit-income-trust

## Summary
PERPETUAL CREDIT INCOME TRUST is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker symbol PCI since May 14, 2019. As a public company, it offers its securities for sale to the general public, and had a market capitalization of AUD 430,653,702 as of November 18, 2021.

## Key Facts
- **Entity Type**: Australian public company, classified as a joint-stock company that offers securities to the general public.
- **Stock Exchange Listing**: Trades on the Australian Securities Exchange (ASX) with ticker symbol PCI.
- **Listing Date**: Began trading on the ASX on May 14, 2019.
- **Market Capitalization**: Valued at AUD 430,653,702 on November 18, 2021.
- **Official Name**: The legal and official name is PERPETUAL CREDIT INCOME TRUST.
- **Ownership Structure**: As a public company, ownership is distributed among general public shareholders who can trade its securities on a public market.
- **Regulatory Framework**: Subject to ASX listing rules and Australian corporate regulations governing public companies.

## FAQs
**What is PERPETUAL CREDIT INCOME TRUST?**
PERPETUAL CREDIT INCOME TRUST is an Australian public company that offers its securities for sale to the general public through the Australian Securities Exchange, making it a publicly traded investment vehicle.

**When did PERPETUAL CREDIT INCOME TRUST become publicly traded?**
The trust commenced public trading on the Australian Securities Exchange on May 14, 2019, marking its transition to a publicly listed entity.

**What stock ticker symbol is used for PERPETUAL CREDIT INCOME TRUST?**
The company trades under the ticker symbol "PCI" on the Australian Securities Exchange.

**What was the market value of PERPETUAL CREDIT INCOME TRUST in late 2021?**
As of November 18, 2021, the trust had a market capitalization of AUD 430,653,702, representing its total market value at that point in time.

**How does being a public company affect PERPETUAL CREDIT INCOME TRUST?**
As a public company, it must adhere to strict disclosure and reporting requirements set by the ASX and Australian regulators, providing transparency to its shareholders and the general public.

## Why It Matters
PERPETUAL CREDIT INCOME TRUST represents a specific vehicle within the Australian capital markets that enables public investment in credit income strategies. Its listing on the ASX since May 2019 provides individual and institutional investors with regulated access to an asset class that might otherwise be restricted to private investment vehicles. The trust's structure as a public company mandates transparency through regular financial reporting and disclosure requirements, which builds market confidence and protects investors. The AUD 430 million market capitalization figure from November 2021 demonstrates its establishment as a meaningful participant in the Australian exchange-traded investment landscape. By offering securities to the general public, it democratizes access to credit income investments and contributes to the diversity of investment products available on the Australian Securities Exchange, supporting the broader ecosystem of publicly traded investment trusts.

## Notable For
- **Distinctive Ticker**: Uses the concise three-letter ticker "PCI" on the ASX, making it easily identifiable for trading purposes.
- **Trust Structure**: Operates as a publicly listed trust, which is a specific legal form within the public company classification in Australia.
- **Recent Market Entry**: Listed in 2019, representing a relatively recent addition to the ASX's suite of publicly traded investment products.
- **Substantial Market Presence**: Achieved a market capitalization exceeding AUD 430 million within approximately two years of listing, indicating significant capital formation.
- **Regulated Public Access**: Provides the general public with transparent, exchange-traded access to credit income investment strategies through its public company structure.

## Body

### Overview and Classification
PERPETUAL CREDIT INCOME TRUST is formally classified as an Australian public company, which designates it as a joint-stock company offering securities to the general public. This classification places it within a specific legal and regulatory framework that distinguishes it from private companies and government-owned enterprises. The "public company" designation means its ownership structure is distributed among shareholders from the general public rather than being concentrated among private investors. The trust structure implied by its name represents a particular organizational form within the broader public company category in Australia.

### ASX Listing and Trading Details
The trust achieved its public status through listing on the Australian Securities Exchange, Australia's primary securities market. Trading commenced on May 14, 2019, under the ticker symbol PCI. This three-character ticker follows ASX conventions for identifying listed entities. The listing represents the mechanism by which the trust transitioned from a private to public entity, enabling its securities to be bought and sold by the general public on a regulated exchange. The ASX platform provides the infrastructure for price discovery, liquidity, and transparent trading of the trust's securities.

### Market Valuation and Capitalization
On November 18, 2021, PERPETUAL CREDIT INCOME TRUST had a calculated market capitalization of AUD 430,653,702. Market capitalization represents the total market value of all outstanding securities, calculated by multiplying the current market price by the total number of shares or units on issue. This specific valuation figure, captured at a point-in-time in late 2021, quantifies the trust's size and significance within the Australian listed investment landscape. The AUD denomination reflects its domestic market focus and reporting currency.

### Public Company Obligations and Characteristics
As a public company listed on the ASX, PERPETUAL CREDIT INCOME TRUST operates under stringent regulatory requirements. These include continuous disclosure obligations, periodic financial reporting, and compliance with ASX Listing Rules. The public company structure fundamentally shapes its governance, requiring transparency in operations and decision-making. This regulatory environment protects investors and maintains market integrity. The ability to offer securities to the general public provides the trust with access to broader capital markets, while simultaneously imposing accountability through public scrutiny and regulatory oversight. The sitelink count of 53 associated with the "public company" class indicates the extensive documentation and discussion of this corporate form across multiple knowledge sources, underscoring its importance in global commerce.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)