In QuotedData’s morning briefing 17 September 2021:
- Middlefield Canadian Income has released its interim results for the six months ended 30 June 2021, during which it generated an NAV total return of 26.5% and a share price total return of 23.3% (its share price also reached a record high in June). Surprisingly, the announcement doesn’t say what the equivalent return was for the company’s benchmark index, the TSX High Dividend Index, during the same period.
- Acorn Income (AIF) has released its interim results for the six months ended 30 June 2021, during which it generated an NAV total return of 18.35% and a share price total return of 9.15%. The return on gross assets was 14.45%, but this is amplified by AIF’s highly geared structure. In comparison, the Numis Smaller Companies (Ex Investment Companies) Index returned 17.42%.
- Ecofin Global Utilities and Infrastructure (EGL) has announced that it has entered into a Novation and amendment agreement with Citibank Europe Plc, the company’s depositary. This agreement reflects the transfer of Citibank’s depositary business from Citibank Europe Plc, UK Branch to Citibank UK Limited. The agreement is effective 18 September 2021.
We also have the results of SDCL Energy Efficiency Income’s fundraise, NextEnergy Solar’s battery storage JV with first acquisition, and JPMorgan Mid Cap’s bumper year of outperformance.