PenderFund Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABRDN ASIA PACIFIC INCOME FU	COM	003009107	7,371	2,060,755	SH		SOLE		2,060,755	0	0
ABSOLUTE SOFTWARE CORP	COM	00386B109	900	59,268	SH		SOLE		59,268	0	0
AEROJET ROCKETDYNE HLDGS INC	COM	007800105	784	10,780	SH		SOLE		10,780	0	0
ALLEGO N V	*W EXP 03/16/202	N0796A118	0	250	SH		SOLE		250	0	0
ALSET CAPITAL ACQUISITION CO	CLASS A COM	02115M109	3	182	SH		SOLE		182	0	0
ALTC ACQUISITION CORP	COM CL A	02156V109	481	34,776	SH		SOLE		34,776	0	0
ALTIMAR ACQUISITION CORP III	SHS CL A	G0370U108	262	19,294	SH		SOLE		19,294	0	0
ANTERIX INC	COM	03676C100	5,311	126,500	SH		SOLE		126,500	0	0
ARCONIC CORPORATION	COM	03966V107	1,031	26,320	SH		SOLE		26,320	0	0
ARGO GROUP INTL HLDGS LTD	COM	G0464B107	1,261	32,140	SH		SOLE		32,140	0	0
AVIAT NETWORKS INC	COM NEW	05366Y201	5,726	129,524	SH		SOLE		129,524	0	0
BAIDU INC	SPON ADR REP A	056752108	4,787	26,395	SH		SOLE		26,395	0	0
BANDWIDTH INC	NOTE 0.250% 3/0	05988JAB9	4,198	4,000,000	PRN		SOLE		4,000,000	0	0
BANDWIDTH INC	NOTE 0.500% 4/0	05988JAD5	16,797	19,500,000	PRN		SOLE		19,500,000	0	0
BERKSHIRE GREY INC	COM CL A	084656107	1,530	819,020	SH		SOLE		819,020	0	0
BEYOND MEAT INC	NOTE 3/1	08862EAB5	2,914	8,000,000	PRN		SOLE		8,000,000	0	0
BLACK KNIGHT INC	COM	09215C105	1,951	24,660	SH		SOLE		24,660	0	0
BLUERIVER ACQUISITION CORP	CL A ORD SHS	G1261Q107	3	204	SH		SOLE		204	0	0
BLUESCAPE OPPORTUNITIES ACQU	SHS	G1195N105	621	46,852	SH		SOLE		46,852	0	0
BROOKFIELD CORP	CL A LTD VT SH	11271J107	1,815	40,690	SH		SOLE		40,690	0	0
BURFORD CAP LTD	ORD SHS	G17977110	13,805	855,565	SH		SOLE		855,565	0	0
CANO HEALTH INC	*W EXP 06/03/202	13781Y111	15	53,598	SH		SOLE		53,598	0	0
CHINOOK THERAPEUTICS INC	COM	16961L106	839	16,480	SH		SOLE		16,480	0	0
CIRCOR INTL INC	COM	17273K109	935	12,500	SH		SOLE		12,500	0	0
COLOMBIER ACQUISITION CORP	CL A	19533H108	555	40,760	SH		SOLE		40,760	0	0
CORSAIR PARTNERING CORP	SHS CL A	G2540H108	71	5,149	SH		SOLE		5,149	0	0
DICE THERAPEUTICS INC	COM	23345J104	644	10,467	SH		SOLE		10,467	0	0
DIVERSEY HLDGS LTD	ORD SHS	G28923103	1,531	137,750	SH		SOLE		137,750	0	0
DOCEBO INC	COM	25609L105	6,178	117,820	SH		SOLE		117,820	0	0
EDIFY ACQUISITION CORP	CL A	28059Q103	70	5,013	SH		SOLE		5,013	0	0
EGAIN CORP	COM NEW	28225C806	3,363	338,902	SH		SOLE		338,902	0	0
ELLIOTT OPPORTUNITY II CORP	SHS CL A	G30092103	156	11,399	SH		SOLE		11,399	0	0
EMAGIN CORP	COM NEW	29076N206	1,024	390,320	SH		SOLE		390,320	0	0
EMBARK TECHNOLOGY INC	COM NEW	29079J202	906	239,113	SH		SOLE		239,113	0	0
ESPERION THERAPEUTICS INC NE	NOTE 4.000%11/1	29664WAB1	20,870	31,354,000	PRN		SOLE		31,354,000	0	0
FIRST LT ACQUISITION GROUP I	CL A	320703101	922	66,323	SH		SOLE		66,323	0	0
FIRST MAJESTIC SILVER CORP	NOTE 0.375% 1/1	32076VAD5	19,224	20,000,000	PRN		SOLE		20,000,000	0	0
FIRSTSERVICE CORP NEW	COM	33767E202	555	2,720	SH		SOLE		2,720	0	0
FOCUS FINL PARTNERS INC	COM CL A	34417P100	1,453	20,890	SH		SOLE		20,890	0	0
FORGEROCK INC	CL A	34631B101	400	14,690	SH		SOLE		14,690	0	0
FORUM ENERGY TECHNOLOGIES IN	COM	34984V209	8,501	250,757	SH		SOLE		250,757	0	0
FRANCHISE GROUP INC	COM	35180X105	894	23,550	SH		SOLE		23,550	0	0
FTAC EMERALD ACQUISITION COR	CLASS A COM	29103K100	136	9,935	SH		SOLE		9,935	0	0
GASLOG PARTNERS LP	UNIT LTD PTNRP	Y2687W108	1,115	97,640	SH		SOLE		97,640	0	0
GREENHILL & CO INC	COM	395259104	1,269	65,380	SH		SOLE		65,380	0	0
GREENLIGHT BIOSCIENCS HLDS P	COMMON STOCK	39536G105	131	331,110	SH		SOLE		331,110	0	0
HOME PT CAPITAL INCORPORATED	COM	43734L106	1,339	435,533	SH		SOLE		435,533	0	0
HORIZON THERAPEUTICS PUB L	SHS	G46188101	516	3,790	SH		SOLE		3,790	0	0
IAC INC	COM NEW	44891N208	2,171	26,100	SH		SOLE		26,100	0	0
INFLECTION PT ACQUISITN CRP	UNIT 08/29/2031	G4790U128	335	25,000	SH		SOLE		25,000	0	0
INTERACTIVE BROKERS GROUP IN	COM CL A	45841N107	4,701	42,718	SH		SOLE		42,718	0	0
INTERCEPT PHARMACEUTICALS IN	NOTE 2.000% 5/1	45845PAB4	12,609	11,795,000	PRN		SOLE		11,795,000	0	0
IVERIC BIO INC	COM	46583P102	1,535	29,450	SH		SOLE		29,450	0	0
JAWS MUSTANG ACQUISITION COR	*W EXP 01/30/202	G50737124	0	250	SH		SOLE		250	0	0
JD.COM INC	SPON ADR CL A	47215P106	2,562	56,665	SH		SOLE		56,665	0	0
KALEYRA INC	COM	483379202	407	45,570	SH		SOLE		45,570	0	0
KENNEDY-WILSON HOLDINGS INC	COM	489398107	890	41,150	SH		SOLE		41,150	0	0
KENSINGTON CAPITAL ACQUISITI	SHS CL A	G5251K103	509	36,400	SH		SOLE		36,400	0	0
KKR & CO INC	COM	48251W104	5,640	76,020	SH		SOLE		76,020	0	0
LANVIN GROUP HOLDINGS LIMITE	*W EXP 01/14/202	G5380J118	1	2,500	SH		SOLE		2,500	0	0
LIBERTY BROADBAND CORP	COM SER C	530307305	663	6,250	SH		SOLE		6,250	0	0
MAGNITE INC	NOTE 0.250% 3/1	55955DAB6	2,257	2,000,000	PRN		SOLE		2,000,000	0	0
MEDTECH ACQUISITION CORP	COM CL A	58507N105	25	1,768	SH		SOLE		1,768	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	1,075	9,060	SH		SOLE		9,060	0	0
MIDWEST HLDG INC	COM NEW	59833J206	871	24,558	SH		SOLE		24,558	0	0
MOBIV ACQUISITION CORP	CLASS A COM	60742N106	387	27,670	SH		SOLE		27,670	0	0
MORGAN STANLEY EMERGING MKTS	COM	617477104	6,057	974,818	SH		SOLE		974,818	0	0
MOUNTAIN CREST ACQSITN CORP	COM	62404B107	93	6,777	SH		SOLE		6,777	0	0
NATIONAL INSTRS CORP	COM	636518102	792	10,410	SH		SOLE		10,410	0	0
NEOGAMES S A	SHS	L6673X107	1,042	30,110	SH		SOLE		30,110	0	0
NEXGEN ENERGY LTD	COM	65340P106	71	11,300	SH		SOLE		11,300	0	0
NORTH AMERN CONSTR GROUP LTD	COM	656811106	504	19,900	SH		SOLE		19,900	0	0
NORTHROP GRUMMAN CORP	COM	666807102	453	750	SH		SOLE		750	0	0
NUVASIVE INC	COM	670704105	704	12,770	SH		SOLE		12,770	0	0
NUVEEN MUNICIPAL CREDIT INC	COM SH BEN INT	67070X101	10,040	650,000	SH		SOLE		650,000	0	0
OPKO HEALTH INC	NOTE 4.500% 2/1	68375NAD5	19,427	14,000,000	PRN		SOLE		14,000,000	0	0
OXBRIDGE ACQUISITION CORP	COM CL A	G6855L109	1	45	SH		SOLE		45	0	0
PAR TECHNOLOGY CORP	COM	698884103	13,291	304,679	SH		SOLE		304,679	0	0
PARATEK PHARMACEUTICALS INC	COM	699374302	684	233,590	SH		SOLE		233,590	0	0
PARATEK PHARMACEUTICALS INC	NOTE 4.750% 5/0	699374AB0	17,187	13,010,000	PRN		SOLE		13,010,000	0	0
PELOTON INTERACTIVE INC	CL A COM	70614W100	3,434	337,090	SH		SOLE		337,090	0	0
QUOTIENT TECHNOLOGY INC	COM	749119103	1,281	251,840	SH		SOLE		251,840	0	0
RADIUS GLOBAL INFRASTRCTRE I	COM CL A	750481103	1,531	77,580	SH		SOLE		77,580	0	0
RMG ACQUISITION CORP III	CL A SHS	G76088106	61	4,059	SH		SOLE		4,059	0	0
SANGOMA TECHNOLOGIES CORP	COM NEW	80100R408	15,427	3,097,833	SH		SOLE		3,097,833	0	0
SEAGEN INC	COM	81181C104	671	2,630	SH		SOLE		2,630	0	0
SILVERBOX CORP III	UNIT 02/28/2028	82836N206	13	1,000	SH		SOLE		1,000	0	0
SNAP INC	NOTE 0.125% 3/0	83304AAH9	2,837	3,000,000	PRN		SOLE		3,000,000	0	0
SNAP INC	NOTE 5/0	83304AAF3	1,974	2,000,000	PRN		SOLE		2,000,000	0	0
SOCIAL CAP SUVRETTA HLDS CP	CLASS A ORD SHS	G8253Y105	136	9,910	SH		SOLE		9,910	0	0
SOCIAL CAP SUVRETTA HLDS CRP	CLASS A ORD SHS	G8253U103	157	11,440	SH		SOLE		11,440	0	0
SOUTHPORT ACQUISITION CORP	CL A COM	84465L105	827	59,330	SH		SOLE		59,330	0	0
SPECTRUM PHARMACEUTICALS INC	COM	84763A108	424	333,220	SH		SOLE		333,220	0	0
SPIRIT AIRLS INC	COM	848577102	771	33,930	SH		SOLE		33,930	0	0
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	3,517	43,810	SH		SOLE		43,810	0	0
SSR MINING IN	NOTE 2.500% 4/0	784730AB9	9,732	6,800,000	PRN		SOLE		6,800,000	0	0
STARBUCKS CORP	COM	855244109	686	5,230	SH		SOLE		5,230	0	0
STARWOOD PPTY TR INC	COM	85571B105	807	31,400	SH		SOLE		31,400	0	0
SYNEOS HEALTH INC	CL A	87166B102	931	16,680	SH		SOLE		16,680	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	225	1,680	SH		SOLE		1,680	0	0
TESSCO TECHNOLOGIES INC	COM	872386107	1,396	117,740	SH		SOLE		117,740	0	0
TEXAS PACIFIC LAND CORPORATI	COM	88262P102	3,326	1,907	SH		SOLE		1,907	0	0
THUNDER BRDG CAP PRTNRS IV I	CLASS A COM	88605L107	180	13,452	SH		SOLE		13,452	0	0
TRITIUM DCFC LIMITED	*W EXP 01/13/202	Q9225T116	0	333	SH		SOLE		333	0	0
TRITON INTL LTD	CL A	G9078F107	796	7,220	SH		SOLE		7,220	0	0
U S XPRESS ENTERPRISES INC	COM CL A	90338N202	1,147	141,005	SH		SOLE		141,005	0	0
UNIVAR SOLUTIONS INC	COM	91336L107	1,218	25,660	SH		SOLE		25,660	0	0
VELO3D INC	*W EXP 09/29/202	92259N112	2	5,000	SH		SOLE		5,000	0	0
WESTERN ASSET EMERGING MKTS	COM	95766A101	6,510	570,109	SH		SOLE		570,109	0	0
WESTERN ASST INFLTN LKD INM	COM SH BEN INT	95766Q106	1	130	SH		SOLE		130	0	0
WESTERN AST INFL LKD OPP & I	COM	95766R104	3,507	298,811	SH		SOLE		298,811	0	0
WILLIAMS ROWLAND ACQUISITION	COM	96951B102	0	1	SH		SOLE		1	0	0
WIRELESS TELECOM GROUP INC	COM	976524108	651	233,972	SH		SOLE		233,972	0	0
ZILLOW GROUP INC	CL C CAP STK	98954M200	5,357	80,447	SH		SOLE		80,447	0	0