In QuotedData’s morning briefing 4 February 2022:
- Jupiter Emerging & Frontier Income Trust (JEFI) has announced that its Fund Manager, Ross Teverson, has recently increased his personal shareholding in the Company to 1,134,000 ordinary shares, representing 1.90% of JEFI’s total voting rights. [QD comment: We are pleased to see Ross Teverson further aligning himself with shareholders by increasing his personal stake in the trust. This is now a significant investment and the latest purchase suggests that Ross thinks the current c 12% discount, coupled with JEFI’s prospects, to be attractive. We published a note on JEFI in December, which you can click here to read.]
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Henderson European Focus Trust (HEFT) has announced that the 10-for-1 share split that was approved by shareholders at the company’s AGM on 27 January 2022, will become effective at 8.00 a.m. on 7 February 2022. Following the split, HEFT’s issued share capital will consist of 216,389,910 ordinary shares of 5 pence each, of which 2,824,430 will be held in treasury. On a poll, members have one vote for every share held.
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Invesco Select Trust has published its interim results for the half year ended 30 November 2021. The performance of the individual share classes, during the period, are detailed as follows:
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The UK Equity Share Portfolio returned +5.5% in NAV terms, and +8.6% on the share price, compared with its benchmark, the All-Share Index total return of +1.9%.
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The Global Equity Income Share Portfolio returned +8.5% in NAV terms, and +10.3% on the share price, compared with its benchmark, the MSCI World Index £ total return over the period of +12.7%.
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The Balanced Risk Allocation Share Portfolio returned 0.0% in NAV terms, and +3.4% on the share price. The portfolio’s benchmark, the Composite Benchmark Index returned +7.7%.
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The Managed Liquidity Share Portfolio had a return of -0.1% based on NAV and +2.0% based on the share price.
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- JPMorgan European shareholders have approved the merger of the income pool (JETI) and the growth pool (JETG). A holder of a growth share gets 10.34425608 ordinary shares in the new JPMorgan European Growth & Income (JEGI). A holder of an income share gets 5.01205895 ordinary shares in JEGI.
We also have BlackRock Energy and Resources Income’s annual results.