Key Takeaways
- • Pengana Private Equity Trust (ASX:PE1) disclosed an unaudited net asset value of 186.74 cents per unit as at 30 September 2026, calculated under its PE1 Valuation Policy.
- • Under the policy, underlying holdings are valued at the latest manager-provided valuations, with one exception: the trust's SpaceX holding is valued at its last traded price on the Nasdaq as at 30 September 2026.
- • The NAV announcement was prepared by Pengana Investment Management Limited, the responsible entity, and authorised for release by company secretary Paula Ferrao.
- • The figure is a monthly disclosure and remains subject to audit, so it should be read as a provisional valuation point.
Summary
Pengana Private Equity Trust (ASX:PE1) has disclosed a net asset value of 186.74 cents per unit as at 30 September 2026, according to a filing reported by Kalkine. The figure is unaudited and was calculated in accordance with the trust's PE1 Valuation Policy.
Under that policy, all assets are valued using the latest available valuation provided by the relevant underlying manager. The filing identifies one exception: the trust's SpaceX holding, which was valued at the last traded market price on the Nasdaq Exchange as at 30 September 2026 rather than a manager-provided valuation. This treatment matters for interpreting the NAV because a listed mark for one position can move the aggregate figure differently from the private-market marks applied to the rest of the portfolio.
The trust is managed by Pengana Investment Management Limited, which acts as responsible entity and holds an Australian Financial Services Licence (AFSL 219462). The trust operates under ARSN 630 923 643. The filing was authorised by company secretary Paula Ferrao and is described as a monthly NAV announcement made in line with the trust's reporting obligations.
For context, the trust's most recent NAV figures in the publisher's materials include a reported NAV per unit of $1.796 as at 31 August 2026, which was cited alongside a since-inception performance figure of 9.5% per annum and a target distribution yield of 4%. The 30 September figure of 186.74 cents is the subject of this disclosure; the publisher materials do not provide a full month-on-month attribution of the change between the two dates.
Under that policy, all assets are valued using the latest available valuation provided by the relevant underlying manager. The filing identifies one exception: the trust's SpaceX holding, which was valued at the last traded market price on the Nasdaq Exchange as at 30 September 2026 rather than a manager-provided valuation. This treatment matters for interpreting the NAV because a listed mark for one position can move the aggregate figure differently from the private-market marks applied to the rest of the portfolio.
The trust is managed by Pengana Investment Management Limited, which acts as responsible entity and holds an Australian Financial Services Licence (AFSL 219462). The trust operates under ARSN 630 923 643. The filing was authorised by company secretary Paula Ferrao and is described as a monthly NAV announcement made in line with the trust's reporting obligations.
For context, the trust's most recent NAV figures in the publisher's materials include a reported NAV per unit of $1.796 as at 31 August 2026, which was cited alongside a since-inception performance figure of 9.5% per annum and a target distribution yield of 4%. The 30 September figure of 186.74 cents is the subject of this disclosure; the publisher materials do not provide a full month-on-month attribution of the change between the two dates.
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