Abrdn Diversified Income... Share Discussion Threads

[hugepants] 22/10/2020 14:10

So selling assets to buy back bonds to reduce gearing from 24% to 6%. Since they'll be selling the more liquid assets then private equity holdings likely to increase to over 50%. Sounds ok.
The discount to NAV currently is over 21% and yield is 6%

[tiltonboy] 21/10/2020 10:13

Should be wound up. From British Assets, through Black Rock, into Aberdeen, it's been a poisoned chalice for too long....and dont get me started on the DCM!

[essentialinvestor] 21/10/2020 09:39

Might look the other way given the record here.

[panshanger1] 21/10/2020 09:35

Interesting RNS this am regarding gearing and strategy Not currently holding but added to watch list

[hugepants] 04/8/2020 09:17

Take your point on unlisted investments but it looks a pretty decent investment to me under the covid circumstances. Well diversified over several asset classes. Its yielding 6.25% and at a 21% discount currently.

fyi latest factsheet:

[essentialinvestor] 01/8/2020 15:18

Read through the statement this morning and fwiw wound not touch with... just IMV only.

[essentialinvestor] 01/8/2020 00:11

Any possibility of this being wound up soon are slim to none.


Unlisted now comprise over 32% of the portfolio and they aim to get that
level to 40%. Some of those will have money committed for for multi year durations.

With such a high level of unlisted my own view of NAV is it's partly indicative.

[essentialinvestor] 31/7/2020 17:00

Third that ).

[tiltonboy] 31/7/2020 16:57

Totally agree. Should be wound up.

[rich1952] 31/7/2020 15:43

Can anyone tell me what is the point of this share? Pity it's not wound up so that we can get some money back as it is constantly trading at a discount. From F & C, Blackrock to the current outfit, nobody seems to be able to make this share perform.

[speedsgh] 12/6/2020 13:33

HALF-YEARLY FINANCIAL REPORT FOR THE SIX MONTHS ENDED 31 MARCH 2020 -

[evendimmer] 28/3/2020 13:44

Bought as bset Feb '99.
Changed control several times - never seen that price again, just limps from one distribution to the next.
Monument to ineptitude.

[neilyb675] 25/2/2020 12:15

Aberdeen Diversified Income and Growth Excluding 126.48p Ordinary
Trust Undiluted Income
Aberdeen Diversified Income and Growth Including 128.60p Ordinary
Trust Undiluted Income
Aberdeen Diversified Income and Growth Excluding 118.61p Ordinary
Trust with Debt at Fair Value Income
Aberdeen Diversified Income and Growth Including 120.74p Ordinary
Trust with Debt at Fair Value Income

[scallywagkid] 05/2/2020 15:16

Something afoot?

[hugepants] 31/1/2020 10:42

Showing its defensive qualities

[neilyb675] 30/1/2020 13:32

Aberdeen Diversified Income and Growth Excluding 127.00p Ordinary
Trust Undiluted Income
Aberdeen Diversified Income and Growth Including 128.84p Ordinary
Trust Undiluted Income
Aberdeen Diversified Income and Growth Excluding 119.01p Ordinary
Trust with Debt at Fair Value Income
Aberdeen Diversified Income and Growth Including 120.84p Ordinary
Trust with Debt at Fair Value Income

[8w] 24/1/2020 08:50

Thanks for the heads up EI. Definitely worth holding at this time.

[essentialinvestor] 23/1/2020 12:29

Highest reported NAV for sometime, so we may at last be getting some outperformance, particularly is there is equity market volatility.

[essentialinvestor] 23/1/2020 10:13

Annual Report available for anyone interested.

[essentialinvestor] 17/1/2020 12:39

I was just looking at ADIG this morning and thinking again why am I
holding this!, Thankfully it's a small amount.

The idea, from memory, is they would expect to mitigate about 50% of the
falls in wider equity markets.

[hugepants] 17/1/2020 12:26

Is the idea behind this that it outperforms if the equity markets take a tumble?
If so its maybe not the worst investment in the world. Yield is 4.5%, discount approx 8.5%. I like the fact it has underperformed the wider market by a country mile. Maybe the tables are about to turn.

[essentialinvestor] 03/1/2020 17:06

From memory it's a 15% max atm.

This was briefly available under 1.02 last year.

Ironically ADIG is usually hit hard on any UKX weakness.

[rich1952] 03/1/2020 16:59

What happens when they've purchased all the shares?! I suppose we have to get used to the constant discount after years of the share price trading at a premium.