In QuotedData’s morning briefing 3 October 2024: Miton UK Micro Cap (MINI) says 31,083,534 shares or 40.4% of its issued share capital, has been put forward for redemption in its annual redemption facility. A statement from the board says “The board continues to believe that the company will be able to generate attractive returns for […]
Here at QuotedData we spend a lot of time thinking of new ways to get the message across that the best investment companies can make the best long-term investments. Every year, the industry hands out awards to the managers and trusts that it thinks are doing the best job for investors, but we thought – […]
Pantheon Infrastructure’s interim numbers are very encouraging. The NAV continues to climb, the portfolio looks to be in good shape, and the board has felt confident to hike the full-year target dividend by 5% to 4.2p. However, given the discount that the shares trade on is preventing PINT from raising fresh capital, it has had to […]
Schroder Japan results for the 12 months ended 31 July 2024 have been published and they are good. The NAV total return was 21.0%, outperforming the benchmark’s total return of 16.4%. However, the share price return was 16.1%. During the year, the company repurchased a total of 2,503,437 shares. Revenue during the year increased from […]
Tufton Oceanic results for the 12 months ended 30 June 2024 show an NAV total return for the period of 20.6%. The share price rose from US$0.99 per share as at the close of business 30 June 2023 to US$1.21 per share as at the close of business 30 June 2024. On average, the shares […]
JPMorgan Emerging Markets has published results for the year ended 30 June 2024. The company’s NAV returned lagged its MSCI Emerging markets benchmark by six percentage points, returning 7.2% to the index’s 13.2%. The share price return for the period was 4.6%. The full year dividend will be 1.9p, up 15.2% on the previous year. […]
Invesco Global Equity Income results for the 12 months ended 31 May 2024 show it marginally behind its MSCI World Index benchmark, returning 21.0% to the index’s 21.6%. However, a narrowing discount did help the shares to a 26.9% return. The period end came just after the 7 May conclusion of the merger of the […]
Manchester & London’s results for the year ended 31 July 2024 reflect the success of its AI-related investments. The NAV total return for the period was 55.4%. The share price rose by 56.1%, narrowing the discount a little to 15.3%. The dividend has been increased by 50% to 21p. [The trust is amongst the best-performing […]
Strategic Equity Capital’s results for the year ended 30 June 2024 show an NAV total return of 16.6% and share price return of 19.2% (as the discount narrowed a little). The NAV returns came in just behind the 18.5% return posted by the FTSE Small Cap Index. Revenue per share rose to 4.15p and the […]
Downing Renewables & Infrastructure Trust says it has entered into exclusive discussions in relation to the sale of its entire interest in Gabrielsberget wind farm in Sweden. The offer price is at a small premium to the carrying value as at 30 June 2024 and the transaction is anticipated to complete in Q4 2024, turning […]
