QuotedData’s morning briefing 27 June 2024 – HEIT, SBO, SCP, ADIG

In QuotedData’s morning briefing 27 June 2024:

• Harmony Energy Income (HEIT) announced its interim results for the six-month period ended 30 April 2024. The NAV total return over the period was 14.89%, while shares fell 57%.
• Schroder British Opportunities (SBO) announced the appointment of Justin Ward and Jemma Bruton as independent non-executive directors of the company, with effect from 1 July 2024. Non-executive director and chairman Neil England informed the board that he intends to retire from his position and Justin will succeed Neil as chairman following the AGM on 18 September 2024.
• Schroder UK Mid Cap Fund (SCP) announced its half year results for the six months ended 31 March 2024. The company’s NAV total return was 9.3% during the period, however this was below the 11.4% return for the benchmark. Shares rose 5.8%. Despite this, the company continues to outperform the benchmark over the last 5 and 10 years.
• abrdn Diversified Income and Growth (ADIG) announced its interim report for the six month period to 31 March 2024. The company’s NAV total return was +0.2%, underperforming the benchmark return of 5.2%. Shares fell -8.8% with the share price discount to NAV widening from 25.8% to 32.6% over the period.

We also have an annual update from SDCL Energy Efficiency Income.