Axiom European Financial... Share Discussion Threads

[my retirement fund] 02/8/2022 12:28

Bid starting to come up so grabbed a few before XD

[cwa1] 02/8/2022 08:15

How safe does the assembled crowd here think the dividend is going forward?

Cheers

[hindsight] 01/8/2022 16:55

So the question for me is, do they earn their 1.5% TER
Asking myself this as been buying PIBs at 7%

[cc2014] 01/8/2022 16:22

Bought quite a few today. The seller seems to have an endless quantity

[cc2014] 29/7/2022 07:36

#53

Yes. I couldn't resist a price under 80p

[cwa1] 25/7/2022 17:29

25 July 2022

Axiom European Financial Debt Fund Limited

Dividend Announcement

Axiom European Financial Debt Fund Limited (the "Company") today announces that it has declared the second ordinary dividend for the period from 1 January 2022 to 30 June 2022 of 1.50p per share. The dividend is to be paid on 26 August 2022 to ordinary shareholders on the register at the close of business on 5 August 2022. The ex-dividend date is 4 August 2022.

[my retirement fund] 20/7/2022 14:51

anyone tempted yet ?

[cwa1] 25/4/2022 15:56

25 April 2022

Axiom European Financial Debt Fund Limited

Dividend Announcement

Axiom European Financial Debt Fund Limited (the "Company") today announces that it has declared the first ordinary dividend for the period from 1 January 2022 to 31 March 2022 of 1.50p per share. The dividend is to be paid on 27 May 2022 to ordinary shareholders on the register at the close of business on 6 May 2022. The ex-dividend date is 5 May 2022.

[holts] 28/1/2022 12:10

Much too late for me now but Interactive are allowing buys again now .

[cwa1] 25/1/2022 15:56

25 January 2022

Axiom European Financial Debt Fund Limited

Dividend Announcement

Axiom European Financial Debt Fund Limited (the "Company") today announces that it has declared the fourth ordinary dividend for the period from 1 January 2021 to 31 December 2021 of 1.50p per share. The dividend is to be paid on 25 February 2022 to ordinary shareholders on the register at the close of business on 4 February 2022. The ex-dividend date is 3 February 2022.

[holts] 12/1/2022 21:36

Thanks , what II are piddling about at I don’t know .

[cwa1] 12/1/2022 10:16

I also note you can sell existing holdings on ii FWIW

[cwa1] 12/1/2022 10:14

As do iDealing and, surprisingly, even iWeb

[cc2014] 12/1/2022 09:31

HL and AJ Bell allow purchases

[holts] 11/1/2022 17:39

I can’t buy these on II anymore they tell me they don’t have a particular document , although I had purchased earlier in last year with them . Are there other online brokers that are allowing their purchase at present ?

[cc2014] 30/11/2021 12:48

Updated Edison research note from 17/11/21

[cwa1] 04/11/2021 08:12

XD today, pay day 26/11

[cc2014] 26/10/2021 12:14

I see it now. That 240k from yesterday soaked up most of what the seller had left.

The 21,901 sell is soaked up by the 24,500 buy and then the15k buy took what the MM had left.

94.75p to buy 1k now.

[cc2014] 26/10/2021 11:31

The NAV keeps going up. Now at 106p yet the share price isn't moving. Looks like someone has been selling out since July.

Discount to NAV is now 12.5% which seems excessive to me, especially if I compare with private investors favorite NCYF which is trading at a 9.5% premium to NAV.

Edit: My purchases this morning seem to have soaked up the spare volume at 92.84. New buying price is 94.75 for the moment.

[cwa1] 18/10/2021 16:07

18 October 2021

Axiom European Financial Debt Fund Limited

Dividend Announcement

Axiom European Financial Debt Fund Limited (the "Company") today announces that it has declared the third ordinary dividend for the period from 1 January 2021 to 30 September 2021 of 1.50p per share. The dividend is to be paid on 26 November 2021 to ordinary shareholders on the register at the close of business on 5 November 2021. The ex-dividend date is 4 November 2021.

[cc2014] 27/9/2021 12:02

I was delighted to see the NAV get above 105p on Friday

[cc2014] 03/9/2021 14:16

NAV has taken 4 weeks to get back to 104p, which is where it was when AXI went XD on 05/08.

So, 9 weeks left to go to improve the NAV before the next dividend comes along.

[cc2014] 07/8/2021 07:55

I don't have RECI. VIP is not on my list. I'll take a look. Thanks.
I'm somewhat anxious about commercial property valuations and have little exposure. What I have left I'm definitely looking to reduce rather than add.

[cwa1] 06/8/2021 16:20

FWIW I trimmed a few RECI this afternoon to raise my cash levels a bit(a bit fearful that markets are a touch "goey") BUT I still have plenty left

[boystown] 06/8/2021 15:34

Thanks again CWA1 and CC2014. FWIW, I also picked up a few BIPS yesterday to forget about. Have either of you sold RECI by the way? I'm minded to hold on despite the slight premium as all I really care about is the sustainable yield.

Also - any views re VIP? 14% discount, 5.5% yield.

Portfolio here;

hxxps://tools.morningstar.co.uk/uk/cefreport/default.aspx?tab=8&SecurityToken=E0GBR01NFR%5D2%5D0%5DFCGBR%24%24ALL&Id=E0GBR01NFR&ClientFund=0&CurrencyId=GBP


"The Company’s policy is to invest in directly held UK commercial property, property-backed securities listed on the London Stock Exchange and cash or near cash securities. The Company will not invest in overseas property or securities or in unquoted companies. UK directly held commercial property will usually account for at least 80% of the total portfolio but it may fall below that level if relative market levels and investment value, or a desired increase in cash or near cash securities, make it appropriate."