Share Name Share Symbol Market Type Share ISIN Share Description
Diverse Income Trust (the) Plc LSE:DIVI London Ordinary Share GB00B65TLW28 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 89.20 89.40 90.60 0.00 0.00 0.00 304,004 12:02:32
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 17.1 15.4 4.0 22.6 337

Diverse Income Trust PLC (The) Edison issues review on The Diverse Income Trust

18/10/2019 1:51pm

RNS Non-Regulatory


TIDMDIVI

Diverse Income Trust PLC (The)

18 October 2019

London, UK, 18 October 2019

Edison issues review on The Diverse Income Trust (DIVI)

The Diverse Income Trust (DIVI) aims to provide shareholders with an attractive and growing level of income, as well as capital growth, over the long term. Unconstrained by index considerations, the managers (Gervais Williams and Martin Turner) have a wide investment universe from which to select companies that are well managed and able to deliver sustainable and growing dividends. The portfolio is well diversified, with a bias towards small-cap companies; since DIVI's inception in April 2011 to end-September 2019, the trust has delivered an annualised NAV total return of 11.5% and consistent growth of its regular dividend.

DIVI currently trades at a 5.2% discount to its cum-income NAV, which is wider than its three-year average discount of 1.3%. The board is committed to maintaining the share price close to the NAV and there is an annual redemption opportunity for shareholders. There is scope for the discount to narrow should the current very weak investor appetite for UK equities, and small-caps in particular, improve.

Click here to view the full report.

Subscribe to Edison's content to receive reports by email.

All reports published by Edison are free-to-access and available on the website.

About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information please contact Edison:

Helena Coles, +44 (0)20 3681 2522

Sarah Godfrey, +44 (0)20 3681 2519

investmenttrusts@edisongroup.com

Learn more at Edisongroup.com and connect with Edison on:

   LinkedIn        https://www.linkedin.com/company/edison-group- 
   Twitter           www.twitter.com/Edison_Inv_Res 
   YouTube       www.youtube.com/edisonitv 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRALLFSFITLTLIA

(END) Dow Jones Newswires

October 18, 2019 08:51 ET (12:51 GMT)

1 Year Diverse Income Chart

1 Year Diverse Income Chart

1 Month Diverse Income Chart

1 Month Diverse Income Chart
Your Recent History
LSE
DIVI
Diverse In..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20191120 14:23:50