||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Harbourvest Sl Share Discussion Threads
Showing 26 to 50 of 50 messages
|RNS with lower pay back of 0.2563 p|
|well that was a nice fee for the new manager! old manager should have done the sale within the old management fee agreement - i feel ripped off!|
I did not get any divi ,so checked co news and found this so sure I got money missing.FROM news below---
Following further re-financing activity in the portfolio, the Company is pleased to announce that it expects to make a Capital Return to shareholders of £8.2 million or 5.85 pence per ordinary share. This would bring total capital returned to shareholders since June 2012 to 55.51 pence per ordinary share.
Dividend and Capital Return
As a result of recent refinancing proceeds and capital repayments, which in aggregate total approximately £18.5 million, the Company announced a capital return to shareholders of 13.26 pence per share which was paid on 1 November 2013.
Including this capital return, capital returned to shareholders since June 2012 totals 49.66 pence per share. Since 30 June 2012 about half of the portfolio has been refinanced or prepaid, confirming the Company's ability to return capital. This is particularly notable because HSLE focuses on the small and mid market which is traditionally viewed as less liquid. This also highlights the effective short average life of the portfolio assets, a positive mitigant for duration risk.
During the period the Company also made a dividend payment of 1.12 pence per share on 30 September 2013. This brings total ordinary share dividends since inception to 8.90 pence per share.|
They gave you money so why worried ,still waiting for my answer from broker.
Will check JEMI .I have cashed few stocks as I will be away for 2 weeks .
|Thanks - I'll wait for your answer before I escalate it.
Emerging Markets underperformed in 2013 and are being hammered this year with the tapering threats, etc. At some point they will recover, so I've started buying: JEMI yields nearly 5%, that's my preferred stock.|
I will check soon ,I think I got one with other broker but you right that was divi so waiting for broker to call me back.
Any new buy ? I am watching CDI and have bought few|
|jaws, if you're there - - -
I assume you received the 5.85p capital return?
TD gave me it on the 17th, then gave me the same again on the 22nd, but called it a dividend.
I pointed out their error, but they insisted it wasn't an error, "One is a capital return, the other is a dividend [unspoken: you simple-minded fool!]"
Lucky me, but I don't see it that way - if they are prone to errors in either direction it could affect me the wrong way and I just might not notice.|
|J P Morgan Fund dealings start Mon 9th.
Initial yield 5% of offer price (100p). Ticker JPSL. Thread started.
Couldn't participate as neither of my brokers handled the IPO.|
|jaws - should have linked ... it's from ii.
HSLE is nearly half(?) in EUR loans which might be holding it back a bit. But the loan I had worries about (Italian one) seems to have been repaid.|
Good post ,did not know on that one.
Does that mean HSLE better with discount to NAV as said in header.
will check this later.
Thanks for info.|
|This is interesting (5% plus yield) and could go to a premium, though HSLE is on asmall discount to NAV.
JPMorgan Asset Management has announced plans to launch a new investment trust, offering investors access to a portfolio of senior secured loans with a focus predominantly on the US market.
The new trust will be London listed and target an initial dividend yield of 5%.
Simon Crinage, head of investment trusts at JPMorgan, says: "Bank loans are justifiably drawing attention because they offer a high regular income from a floating rate portfolio of senior securities, protecting investors from credit risk and the threat of rising rates.
"While the asset class may be less familiar to many UK investors, JPMorgan has a well-resourced team investing in this area."
Earlier this year the group launched the JPMorgan Global Convertibles Income Trust, managed by Anthony Vallee.
The asset-management group says it sees opportunities to attain relatively high rates of current income in the loan market, while offering some protection in a rising interest rate environment as well as potential capital appreciation. According to JPMorgan, loans are floating-rate instruments and provide a level of protection in this climate that may not be available from bonds, where coupons are typically fixed.
Loan portfolios cannot be held in open-ended fund structures such as OEICs and SICAVs, making the investment trust structure ideal.|
|LOL - no, I didn't try!|
it was 68 69 yesterday ,so down but not shown on today but now it is 53 55
so down ,did you manage to sell above 65 today ?|
|So why isn't it 15.12p down this morning - or even some of that?|
|I have seen two notes today,both looks ok. no link so can not post here.|
|Cheers ... the end-June NAV should be below the end-May by less than 15.12p if, as I think likely, the loans were priced below par.|
thanks,missed that last night.|
|Capital return of 15.12p by a B-share issue. Ex-date 19/06, paid on 28/06.
due to some loans being refinanced, as no maturities are due for a couple of years.|
|Yes - the taxation treatment is different (outside an ISA, anyway).|
|so that is 13.1 p return , am I right ?tks|
|Capital return of 11.5p and dividend of 1.6p; ex-date 06/03, pay 05/04.|
(One comment a bit exaggerated, regarding the crystallised loss.)|
|IMS this morning.
Confirmation of something which could have been a worry, but wasn't:
The impact was less than 1% of the Company's NAV and the entire loan position was divested in October at no further loss.|
|The payment is 9.78p, so we're in the money unless it drops more!|