At Pelagic Partners, our commitment to delivering strong and sustainable returns remains at the core of our investment strategy. Since our establishment, we have consistently aimed to generate value through strategic asset acquisitions, active portfolio management, and a disciplined approach to risk and opportunity.
We are pleased to announce the latest dividend distributions for Pelagic Fund I and the Pelagic Yield Fund, reaffirming our dedication to providing our investors with consistent and attractive yields. These distributions reflect the strong operational performance of our assets and our ability to navigate the ever-evolving maritime and financial markets.
Since its launch in 2020, Pelagic Fund I has demonstrated stable performance, delivering attractive returns to our investors. We are proud to confirm the fifth dividend distribution, maintaining a solid cash yield of 5.2%. A 201% NAV growth since inception, alongside steady dividend payments, showcase the stability of our diversified portfolio for our first fund and the effectiveness of our strategic investment approach.
The Pelagic Yield Fund, launched in early 2022, continues to meet its objective of providing reliable annual yields through steady operating cash flows. Our latest dividend payout with 6.6% cash yield, underscores the fund’s strong performance and growing NAV of 169% since the fund’s launch. This marks the third dividend distribution since inception.
The continued success of both funds is a result of our strategic vision, results-driven investments, and the trust our investors place in us. As we move forward, Pelagic Partners remains committed to identifying new opportunities, optimizing portfolio performance, and ensuring long-term value creation for all stakeholders.
We appreciate the continued confidence of our investors and look forward to sharing further successes in the future.
