diff --git a/finance/py-quantecon/Makefile b/finance/py-quantecon/Makefile
index a59e2e2d1ec8..956502644131 100644
--- a/finance/py-quantecon/Makefile
+++ b/finance/py-quantecon/Makefile
@@ -1,26 +1,26 @@
 # Created by: Po-Chuan Hsieh <sunpoet@FreeBSD.org>
 
 PORTNAME=	quantecon
-PORTVERSION=	0.4.8
+PORTVERSION=	0.5.0
 CATEGORIES=	finance python
 MASTER_SITES=	CHEESESHOP
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	Support all forms of quantitative economic modelling
 
 LICENSE=	BSD3CLAUSE
 LICENSE_FILE=	${WRKSRC}/LICENSE.txt
 
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}numba>=0.38:devel/py-numba@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}numpy>=0,1:math/py-numpy@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}requests>=0:www/py-requests@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}scipy>=1.0.0:science/py-scipy@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}sympy>=0:math/py-sympy@${PY_FLAVOR}
 
 USES=		python:3.5+
 USE_PYTHON=	autoplist concurrent distutils
 
 NO_ARCH=	yes
 
 .include <bsd.port.mk>
diff --git a/finance/py-quantecon/distinfo b/finance/py-quantecon/distinfo
index b0e5e5199ed3..76ff3096b230 100644
--- a/finance/py-quantecon/distinfo
+++ b/finance/py-quantecon/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1605426443
-SHA256 (quantecon-0.4.8.tar.gz) = 6dbd5b234a9bc303f2503d4a3415f248bfbe33cdc26314510943c421af1ad216
-SIZE (quantecon-0.4.8.tar.gz) = 200748
+TIMESTAMP = 1619198543
+SHA256 (quantecon-0.5.0.tar.gz) = 3cad23d9a6fafc45489ada6a230e0f78b13bda21ff97cc44f37f1bc4dc0ab4a6
+SIZE (quantecon-0.5.0.tar.gz) = 204635