Acorn Income Fund Ld Share Discussion Threads

[petewy] 07/8/2018 12:35

Top ten holdings are not inspiring. Nothing in the IC.

[stmartin] 06/8/2018 19:44

If you look at the returns for the last 6 and 12 months , they have been rather poor, so maybe this is Baron's reasoning.

[skyblue65] 06/8/2018 08:45

Does anyone know John Baron's reasoning for sell? This still seems a sound long term
growth and income investment to me. Possibly a buying opportunity!!

[kimptonplace] 05/8/2018 21:29

Possibly because John Baron portfolios announced a sell on the 3 August from their portfolios . I assume several investors were then selling with few buyers in the market . So a case of sellers far utstripping the number of buyers

[stmartin] 03/8/2018 13:28

Any known reason for the sharp falls of last few days ?

[davebowler] 02/8/2018 10:01

As at the close of business on 31st July 2018 the estimated Net Asset Values
of the Company's shares are as follows:

NAV Shares in NAV Date
Issue

Cum-income NAV* 469.79p 15,916,687 27th July 2018

[george4064] 06/6/2018 19:24

New research report out from Edison.

hxxxx://www.edisoninvestmentresearch.com/research/report/acorn-income-fund8/preview/?utm_source=edison&utm_medium=RNSreach_press_release&utm_campaign=AIF_06062018

[whilstev] 29/3/2018 11:05

Well the hit from Conviviality must be fully in the NAV now , hopefully they can recover the losses over the next year and maintain the dividend growth.

[davebowler] 07/1/2018 10:39

Cum-income NAV* 491.04p January 2018

[caradog] 14/9/2017 07:38

Payment date 29th Sept

[jhan66] 13/9/2017 09:38

Xd 21st Sept. 4.5p

[george4064] 12/9/2017 08:55

Any announcement for the September dividend??

[davebowler] 16/12/2016 14:28

ASCI looks cheaper on a discount to NAV basis.

[whilstev] 20/9/2016 14:42

Yes I think yesterdays Edison report has attracted some support.

[luckymouse] 20/9/2016 09:30

breaking up

[ali47fish] 21/7/2015 08:44

now the greek problem is behind us and the shares here have benn on the up recently- why the is the hesitation to buy or am i missing something

[davebowler] 29/4/2015 09:32

ASCH now on a much higher discount to NAV -almost 20% !

Shares in
NAV Issue NAV Date

Cum-income NAV* 366.40p 15,468,334 24th April 2015

[asmodeus] 10/3/2015 14:09

Thanks Dave. But in fact I have resolved to buy nothing now pending result of the election and resolution of the Greece situation.

[davebowler] 10/3/2015 10:47

ASCH is 3.2% and AIF is 4.2% but ASCH is on a slightly wider discount to NAV with lower gearing.

[asmodeus] 10/3/2015 10:30

How does the yield compare?

[davebowler] 10/3/2015 10:09

ASCH looks better value to me.

[gopher] 16/2/2015 17:00

zero dividend preference shares act as leverage on the quoted share price magnifying gains and losses in the NAV. At expiry they must be paid back which in Acorns case would reduce the size of the fund. It can create a bit of mess if things start to go badly but the existence of ZDP go some way to explaining Acorn outperformance in the past and dividend yield. I would expect a new issue and there is the security of the bond holdings so on balance OK.

[tiltonboy] 16/2/2015 15:17

gopher,

I have been picking up a few AIF recently, and they look oversold.

I have been a long-term holder of JIGI, and they are now just under two years away from wind-up.

On a projected dividend flow of seven quarterly payments of 1.1p, and meeting the final NAV, there is a 16.9% return. The NAV is currently covered 1.1x. There is some gearing in place, so bear that in mind.

[stevebarrett86] 16/2/2015 14:18

GopherCan you explain the issue you raise re the ZDPs please as still learning? Thanks