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
3M CO	COM	88579Y101	399	3,140	SH		SOLE		3,140	0	0
ABCAM PLC	ADS	000380204	1,101	35,830	SH		SOLE		35,830	0	0
ABRDN ASIA PACIFIC INCOME FU	COM	003009107	2,146	644,870	SH		SOLE		644,870	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	413	3,250	SH		SOLE		3,250	0	0
ALSET CAPITAL ACQUISITION CO	CLASS A COM	02115M109	3	182	SH		SOLE		182	0	0
ALTC ACQUISITION CORP	COM CL A	02156V109	489	34,776	SH		SOLE		34,776	0	0
AMERICAN EQTY INVT LIFE HLD	COM	025676206	1,177	16,160	SH		SOLE		16,160	0	0
AMERICAN NATL BANKSHARES INC	COM	027745108	534	10,370	SH		SOLE		10,370	0	0
ANTERIX INC	COM	03676C100	5,354	125,620	SH		SOLE		125,620	0	0
ARCO PLATFORM LTD	COM CL A	G04553106	581	31,023	SH		SOLE		31,023	0	0
ARGO GROUP INTL HLDGS LTD	COM	G0464B107	1,705	42,060	SH		SOLE		42,060	0	0
ARLINGTON ASSET INVST CORP	CL A NEW	041356205	419	72,090	SH		SOLE		72,090	0	0
AVANTAX INC	COM	095229100	1,461	42,064	SH		SOLE		42,064	0	0
AVIAT NETWORKS INC	COM NEW	05366Y201	5,489	129,524	SH		SOLE		129,524	0	0
AVID TECHNOLOGY INC	COM	05367P100	1,008	27,626	SH		SOLE		27,626	0	0
BAIDU INC	SPON ADR REP A	056752108	4,367	23,930	SH		SOLE		23,930	0	0
BANDWIDTH INC	NOTE 0.500% 4/0	05988JAD5	17,217	19,500,000	PRN		SOLE		19,500,000	0	0
BERENSON ACQUISITION CORP I	CL A COM	083690107	25	1,791	SH		SOLE		1,791	0	0
BEYOND MEAT INC	NOTE 3/1	08862EAB5	1,453	4,000,000	PRN		SOLE		4,000,000	0	0
BLUESCAPE OPPORTUNITIES ACQU	SHS	G1195N105	638	46,852	SH		SOLE		46,852	0	0
BROOKFIELD CORP	CL A LTD VT SH	11271J107	1,728	40,690	SH		SOLE		40,690	0	0
BURFORD CAP LTD	ORD SHS	G17977110	16,104	846,905	SH		SOLE		846,905	0	0
CANO HEALTH INC	*W EXP 06/03/202	13781Y111	4	53,598	SH		SOLE		53,598	0	0
CAPRI HOLDINGS LIMITED	SHS	G1890L107	885	12,380	SH		SOLE		12,380	0	0
CHASE CORP	COM	16150R104	890	5,150	SH		SOLE		5,150	0	0
CIRCOR INTL INC	COM	17273K109	1,206	15,930	SH		SOLE		15,930	0	0
COMPUTER TASK GROUP INC	COM	205477102	1,231	87,710	SH		SOLE		87,710	0	0
CRIXUS BH3 ACQUISITION CO	CLASS A COM	22677T102	197	13,756	SH		SOLE		13,756	0	0
DENBURY INC	COM	24790A101	1,247	9,370	SH		SOLE		9,370	0	0
DOCEBO INC	COM	25609L105	6,490	117,820	SH		SOLE		117,820	0	0
DOLLAR GEN CORP NEW	COM	256677105	440	3,060	SH		SOLE		3,060	0	0
EARTHSTONE ENERGY INC	CL A	27032D304	429	15,620	SH		SOLE		15,620	0	0
EGAIN CORP	COM NEW	28225C806	2,822	338,902	SH		SOLE		338,902	0	0
ELECTRIQ PWR HLDGS INC	COM SHS	285046108	52	21,917	SH		SOLE		21,917	0	0
EMAGIN CORP	COM NEW	29076N206	1,385	512,400	SH		SOLE		512,400	0	0
ESPERION THERAPEUTICS INC NE	NOTE 4.000%11/1	29664WAB1	29,833	41,029,000	PRN		SOLE		41,029,000	0	0
FIESTA RESTAURANT GROUP INC	COM	31660B101	876	76,220	SH		SOLE		76,220	0	0
FINTECH ECOSYSTEM DEVE	CLASS A COM	318136108	25	1,721	SH		SOLE		1,721	0	0
FIRST MAJESTIC SILVER CORP	NOTE 0.375% 1/1	32076VAD5	23,637	23,000,000	PRN		SOLE		23,000,000	0	0
FIRSTSERVICE CORP	NEW COM	33767E202	537	2,720	SH		SOLE		2,720	0	0
FORUM ENERGY TECHNOLOGIES IN	COM	34984V209	6,529	200,122	SH		SOLE		200,122	0	0
GREAT AJAX CORP	COM	38983D300	780	89,190	SH		SOLE		89,190	0	0
GREENHILL & CO INC	COM	395259104	1,657	82,410	SH		SOLE		82,410	0	0
HERITAGE CRYSTAL CLEAN INC	COM	42726M106	1,337	21,712	SH		SOLE		21,712	0	0
HERSHA HOSPITALITY TR	PR SHS BEN INT	427825500	896	66,867	SH		SOLE		66,867	0	0
HORIZON THERAPEUTICS PUB L	SHS	G46188101	680	4,330	SH		SOLE		4,330	0	0
HOSTESS BRANDS INC	CL A	44109J106	67	1,490	SH		SOLE		1,490	0	0
IAC INC	COM NEW	44891N208	1,786	26,100	SH		SOLE		26,100	0	0
INFLECTION PT ACQUISITN CRP	*W EXP 08/31/202	G4790U110	3	12,499	SH		SOLE		12,499	0	0
INFLECTION PT ACQUISITN CRP	CL A ORD SHS	G4790U102	347	25,000	SH		SOLE		25,000	0	0
INTERACTIVE BROKERS GROUP IN	COM CL A	45841N107	4,439	37,758	SH		SOLE		37,758	0	0
INTERCEPT PHARMACEUTICALS IN	COM	45845P108	877	34,840	SH		SOLE		34,840	0	0
INTERCEPT PHARMACEUTICALS IN	NOTE 2.000% 5/1	45845PAB4	12,549	9,295,000	PRN		SOLE		9,295,000	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	2,242	56,665	SH		SOLE		56,665	0	0
KALEYRA INC	COM	483379202	908	92,360	SH		SOLE		92,360	0	0
KENNEDY-WILSON HOLDINGS INC	COM	489398107	824	41,150	SH		SOLE		41,150	0	0
KKR & CO INC	COM	48251W104	5,945	71,060	SH		SOLE		71,060	0	0
LANDCADIA HOLDINGS IV INC	CLASS A COM	51477A104	16	1,145	SH		SOLE		1,145	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	775	6,250	SH		SOLE		6,250	0	0
LL FLOORING HOLDINGS INC	COM	55003T107	22	5,210	SH		SOLE		5,210	0	0
MAGNITE INC	NOTE 0.250% 3/1	55955DAB6	2,365	2,000,000	PRN		SOLE		2,000,000	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	960	9,060	SH		SOLE		9,060	0	0
MIDWEST HLDG INC	COM NEW	59833J206	1,265	35,618	SH		SOLE		35,618	0	0
MORGAN STANLEY EMERGING MKTS	COM	617477104	5,601	967,918	SH		SOLE		967,918	0	0
NATIONAL INSTRS CORP	COM	636518102	1,330	16,420	SH		SOLE		16,420	0	0
NEOGAMES S A	SHS	L6673X107	1,104	30,110	SH		SOLE		30,110	0	0
NEW RELIC INC	COM	64829B100	659	5,670	SH		SOLE		5,670	0	0
NEXGEN ENERGY LTD	COM	65340P106	92	11,300	SH		SOLE		11,300	0	0
NEXTGEN HEALTHCARE INC	COM	65343C102	332	10,290	SH		SOLE		10,290	0	0
NORTH AMERN CONSTR GROUP LTD	COM	656811106	586	19,900	SH		SOLE		19,900	0	0
NORTHROP GRUMMAN CORP	COM	666807102	448	750	SH		SOLE		750	0	0
NUVEEN AMT FREE MUN CR INC F	COM	67071L106	1,400	100,000	SH		SOLE		100,000	0	0
NUVEEN AMT FREE QLTY MUN INC	COM	670657105	11,176	850,000	SH		SOLE		850,000	0	0
NUVEEN MUNICIPAL CREDIT INC	COM SH BEN INT	67070X101	10,724	757,000	SH		SOLE		757,000	0	0
NUVEEN QUALITY MUNCP INCOME	COM	67066V101	11,707	850,000	SH		SOLE		850,000	0	0
OPKO HEALTH INC	NOTE 4.500% 2/1	68375NAD5	18,892	14,000,000	PRN		SOLE		14,000,000	0	0
PACWEST BANCORP DEL	COM	695263103	64	5,992	SH		SOLE		5,992	0	0
PAR TECHNOLOGY CORP	COM	698884103	15,513	296,349	SH		SOLE		296,349	0	0
PELOTON INTERACTIVE INC	CL A COM	70614W100	2,312	337,090	SH		SOLE		337,090	0	0
PFSWEB INC	COM NEW	717098206	417	41,217	SH		SOLE		41,217	0	0
PHENOMEX INC	COM	084310101	862	635,800	SH		SOLE		635,800	0	0
POLYMET MNG CORP	COM NEW	731916409	1,076	380,905	SH		SOLE		380,905	0	0
SANGOMA TECHNOLOGIES CORP	COM NEW	80100R408	14,622	3,097,833	SH		SOLE		3,097,833	0	0
SCIPLAY CORPORATION	CL A	809087109	220	7,100	SH		SOLE		7,100	0	0
SCULPTOR CAP MGMT	COM CL A	811246107	887	56,280	SH		SOLE		56,280	0	0
SEAGEN INC	COM	81181C104	758	2,630	SH		SOLE		2,630	0	0
SEQUANS COMMUNICATIONS S A	SPONSORED ADS	817323207	954	248,238	SH		SOLE		248,238	0	0
SILVERBOX CORP III	*W EXP 02/28/202	82836N115	0	332	SH		SOLE		332	0	0
SILVERBOX CORP III	COM CL A	82836N107	14	1,000	SH		SOLE		1,000	0	0
SOVOS BRANDS INC	COM	84612U107	821	26,810	SH		SOLE		26,810	0	0
SPIRIT AIRLS INC	COM	848577102	760	33,930	SH		SOLE		33,930	0	0
SPLUNK INC	COM	848637104	111	560	SH		SOLE		560	0	0
SPROTT PHYSICAL GOLD & SILVE	TR UNIT	85208R101	4,710	200,000	SH		SOLE		200,000	0	0
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	3,126	43,810	SH		SOLE		43,810	0	0
SSR MINING IN	NOTE 2.500% 4/0	784730AB9	14,136	10,150,000	PRN		SOLE		10,150,000	0	0
STARBUCKS CORP	COM	855244109	648	5,230	SH		SOLE		5,230	0	0
STARWOOD PPTY TR INC	COM	85571B105	825	31,400	SH		SOLE		31,400	0	0
STRATASYS LTD	SHS	M85548101	755	40,840	SH		SOLE		40,840	0	0
TABULA RASA HEALTHCARE INC	COM	873379101	1,261	90,023	SH		SOLE		90,023	0	0
TEXAS PACIFIC LAND CORPORATI	COM	88262P102	4,723	1,907	SH		SOLE		1,907	0	0
THORNE HEALTHTECH INC	COM	885260109	1,105	79,830	SH		SOLE		79,830	0	0
TIMBER PHARMACEUTICALS INC	COM NEW	887080208	391	96,790	SH		SOLE		96,790	0	0
TRITIUM DCFC LIMITED	*W EXP 01/13/202	Q9225T116	0	333	SH		SOLE		333	0	0
VELO3D INC	*W EXP 09/29/202	92259N112	1	5,000	SH		SOLE		5,000	0	0
VERITIV CORP	COM	923454102	961	4,190	SH		SOLE		4,190	0	0
WESTERN ASSET EMERGING MKTS	COM	95766A101	4,592	407,300	SH		SOLE		407,300	0	0
WESTERN ASST INFLTN LKD INM	COM SH BEN INT	95766Q106	506	47,666	SH		SOLE		47,666	0	0
WESTERN AST INFL LKD OPP & I	COM	95766R104	4,655	416,436	SH		SOLE		416,436	0	0
ZILLOW GROUP INC	CL C CAP STK	98954M200	4,378	69,847	SH		SOLE		69,847	0	0
ZYNERBA PHARMACEUTICALS INC	COM	98986X109	213	123,444	SH		SOLE		123,444	0	0