During the six month period ended 30 June 2015 Carador Income Fund generated a total net asset value return of 4.58% including distributions. The Company started the year with a NAV per US Dollar share of US$0.8993 and ended the first half at US$0.8891, a -1.13% decline in the NAV per share, although the Company also […]
Over the first half of 2015 Acorn Income Fund generated a return on its gross assets of 11.9% – marginally ahead of the 11.8% return posted by the Numis Smaller Companies Index (ex investment companies). Thanks to the gearing effect of the zeros, the total NAV return on the ordinary shares was 16.3%. The return […]
A quick summary of interim results for periods ended 30 June 2015 announced on 27 August 2015 Ashmore Global Opportunities The Company’s Net Asset Values (“NAVs”) per share have fallen slightly from $5.28 and 521p at the end of 2014 to $5.20 and 511p as at 30 June 2015. The US$ and GBP share prices […]
Hansteen is raising £40m at 110p per share to help fund the acquisition of a further £103.7m of units (35.7% of the fund) in the Ashtenne Industrial Fund. They say the deal represents an acquisition of £156.8m of UK industrial property valued at a yield of 8.3 per cent. The price is an effective c.5% discount […]
F&C Commercial Property Trust says it returned 8.2% on net assets over the first half of 2015. The return to shareholders was 5.7%. Shareholders got six, monthly dividends of 0.5p – keeping them on rack for their 6p target dividend for the year. The return on the property portfolio was 7.4%, ahead of the total […]
VPC Speciality Lending has published its first set of figures covering the period from launch to 30 June 2015. The net asset value at the end of the period was 99.62p and the share price was 102p. The first interim dividend of 0.9p was declared in August. The proceeds of the IPO had been fully […]
Symphony International says its NAV fell 5.9% to $1.2685 from $1.3473 over the first half of 2015. Symphony’s share price was $0.75 at the period end. The discount to NAV that Symphony’s share price traded on 30 June 2015 was 40.9%. They say the change in NAV was predominantly due to a weakening of the share prices […]
NB Distressed Debt said a difficult market environment led to falls in NAVs across its portfolios. It exited five investments during the first six months of 2015 which generated total returns of $9.3 million over the life of the investments. Over the first half of 2015, NB Distressed Debt distributed a further $30m to investors in the […]
Dexion Absolute has decided to shut its US dollar and Euro share classes on the grounds that they have become too small – shareholders will get the chance to switch into the sterling class. In its interim report (covering the first half of 2015), Dexion said the NAV returns on its Sterling, Euro and Dollar classes […]
International Public Partnerships reported growth of its assets of 1.5% to £1.08bn with NAV per share increasing 1.3% to 128.6 pence (31 December 2014: 127.0 pence) for the first half of 2015. similar assets. The portfolio delivered a return of 6.1%, reflecting the move in market pricing of these assets, notably an uplift in the value of Angel […]
