RM Infrastructure Income (RMII) has released its annual results for the year end 31 December 2023. Earlier in the year, it was announced that the company would be facilitating a managed wind down due to a stubborn discount and falling scale. At 31 December 2023 the NAV total return for the year was 3.16% and […]
In QuotedData’s morning briefing 23 April 2024: Asia Dragon Trust (DGN) announced its interim results for the six months to 29 February 2024. The company’s NAV total return increased by 1.5% over the period, underperforming the MSCI All-Country Asia ex Japan Index benchmark, which delivered a 3.7% increase. The share price total return was 2%, […]
NB Global Monthly Income Fund (NBMI) has announced its annual report for the year ended 31 December 2023. For the year, the NAV total return on ordinary shares was 5.86%, during the same period the total share price return was 7.14%. The company has been in managed wind down since January 2023. Over this period, […]
In QuotedData’s morning briefing 17 April 2024: VietNam Holding (VNH) announced a monthly update highlighting that the company’s NAV rose +4.4% for March due to the outperformance of holdings in retail, telecoms, and construction. The manager noted that Vietnam’s economy continued its exports-led growth story in March, posting a relatively impressive GDP rise of 5.7% […]
In QuotedData’s morning briefing 16 April 2024: NextEnergy Solar Fund (NESF) announced it has refinanced its existing £135m short-term Revolving Credit Facility with AIB Group and NatWest which is due to expire in June 2024. The new facility is available until June 2026 and provides two additional 12-month extension options at NESF’s sole discretion to […]
The Global Opportunities Trust (GOT) has announced its annual results for the year ending 31 December 2023. The company’s NAV total return was 1.7% while shares fell 3.6% with the discount widening to 18.6% at the end of the year . In comparison, the global market benchmark All-World Total Return Index rose by 15.7%, following […]
In QuotedData’s morning briefing 10 February 2024: Following the previously confirmed wind-down, abrdn Diversified Income and Growth (ADIG) announced that the company has redeemed and cancelled the remaining £16,096,000 principal amount of its 6.25% bonds due 2031. As announced on 8 March 2024, the redemption price was 114.983%. The redemption price having been calculated in […]
The Gulf Investment Fund (GIF) announced a quarterly update for the period ending 31 March 2023. NAV growth for the period was 4.4%, ahead of the benchmark index return of 2.3%. Positive performance came from Saudi Ground Services (up 43.3 per cent), Arabian Centres Limited (up 19.8 per cent) and Arab National Bank (up 15.4 […]
EPE Special Opportunities (ESO) announced its annual report for the 12 months to 31 January 2024. NAV total return was down 28% while shares fell 45%. The discount has widened 53% at the time of publishing. The company noted challenging operating conditions during the period, with pressure on demand from decreasing consumer confidence and profitability impacted […]
In QuotedData’s morning briefing 9 April 2024: Scottish Oriental Smaller Companies Trust (SST) announced its results for the six months to 29 February 2024. NAV total return was 8.3%, while the MSCI AC Asia ex Japan Small Cap Index increased by 6.8% on the same basis. The company’s share price increased by 3.8 per cent […]
