|North American Income Trust
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
North American Income Trust News
|North American Income Trust Daily Update: North American Income Trust is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker NAIT. The last closing price for North American Income Trust was 1,267p.|
North American Income Trust has a 4 week average price of 1,237.25p and a 12 week average price of 1,233.44p.
The 1 year high share price is 1,280p while the 1 year low share price is currently 835p.
There are currently 29,068,934 shares in issue and the average daily traded volume is 26,641 shares. The market capitalisation of North American Income Trust is £364,815,121.70.
|zcaprd7: Share price lagging the nav now...|
|zcaprd7: New NAV and share price high...|
|zcaprd7: Agreed. The NAV has dropped a few pence off the high, but the share price has dropped a lot more..|
|29palms: From the year end annual results 31st January 2016-
The Company’s share price fell by 5.8% to 815.0p and
ended the year at a 12.9% discount to total net asset
value, compared with a 7.9% discount at the end of the
2015 financial year. This is far from ideal and the Board
continues to work with the Manager in both promoting
the Company’s benefits to a wider audience and providing
liquidity to the market through the use of share buybacks.
During the year 2.9 million shares were repurchased at a
cost of £24.5 million. Since the year-end, a further
848,700 shares have been repurchased at a cost of £7.1
million and the discount as at 22 March 2016 was 10.8%.
So judging by these comments the Manager would probably be looking at Discount around 7.9% to NAV to equal year end 2015.
I have to say again share price should be trading way above £11.00 and this should be a core holding for any investor looking for exposure to the US given happenings since BREXIT.
ST today even has a report on the beauty of investing in America by Ian Cowie
North American Income Trust share price data is direct from the London Stock Exchange