We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Harbourvest Sl | HSLE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 26.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 26.50 |
| Top Posts |
|---|
Posted at 29/1/2014 15:30 by jaws6 JohnI did not get any divi ,so checked co news and found this so sure I got money missing.FROM news below--- Following further re-financing activity in the portfolio, the Company is pleased to announce that it expects to make a Capital Return to shareholders of £8.2 million or 5.85 pence per ordinary share. This would bring total capital returned to shareholders since June 2012 to 55.51 pence per ordinary share. Dividend and Capital Return As a result of recent refinancing proceeds and capital repayments, which in aggregate total approximately £18.5 million, the Company announced a capital return to shareholders of 13.26 pence per share which was paid on 1 November 2013. Including this capital return, capital returned to shareholders since June 2012 totals 49.66 pence per share. Since 30 June 2012 about half of the portfolio has been refinanced or prepaid, confirming the Company's ability to return capital. This is particularly notable because HSLE focuses on the small and mid market which is traditionally viewed as less liquid. This also highlights the effective short average life of the portfolio assets, a positive mitigant for duration risk. During the period the Company also made a dividend payment of 1.12 pence per share on 30 September 2013. This brings total ordinary share dividends since inception to 8.90 pence per share. |
Posted at 28/1/2014 08:20 by jaws6 jOHNI will check soon ,I think I got one with other broker but you right that was divi so waiting for broker to call me back. Thanks good spot, Any new buy ? I am watching CDI and have bought few |
Posted at 28/1/2014 08:16 by jonwig jaws, if you're there - - - I assume you received the 5.85p capital return? TD gave me it on the 17th, then gave me the same again on the 22nd, but called it a dividend. I pointed out their error, but they insisted it wasn't an error, "One is a capital return, the other is a dividend [unspoken: you simple-minded fool!]" Lucky me, but I don't see it that way - if they are prone to errors in either direction it could affect me the wrong way and I just might not notice. |
Posted at 17/9/2013 09:43 by jonwig jaws - should have linked ... it's from ii.HSLE is nearly half(?) in EUR loans which might be holding it back a bit. But the loan I had worries about (Italian one) seems to have been repaid. |
Posted at 17/9/2013 09:36 by jaws6 jonwigGood post ,did not know on that one. Does that mean HSLE better with discount to NAV as said in header. will check this later. Thanks for info. |
Posted at 17/9/2013 09:28 by jonwig This is interesting (5% plus yield) and could go to a premium, though HSLE is on asmall discount to NAV.JPMorgan Asset Management has announced plans to launch a new investment trust, offering investors access to a portfolio of senior secured loans with a focus predominantly on the US market. The new trust will be London listed and target an initial dividend yield of 5%. Simon Crinage, head of investment trusts at JPMorgan, says: "Bank loans are justifiably drawing attention because they offer a high regular income from a floating rate portfolio of senior securities, protecting investors from credit risk and the threat of rising rates. "While the asset class may be less familiar to many UK investors, JPMorgan has a well-resourced team investing in this area." Earlier this year the group launched the JPMorgan Global Convertibles Income Trust, managed by Anthony Vallee. The asset-management group says it sees opportunities to attain relatively high rates of current income in the loan market, while offering some protection in a rising interest rate environment as well as potential capital appreciation. According to JPMorgan, loans are floating-rate instruments and provide a level of protection in this climate that may not be available from bonds, where coupons are typically fixed. Loan portfolios cannot be held in open-ended fund structures such as OEICs and SICAVs, making the investment trust structure ideal. |
Posted at 27/2/2013 07:53 by jonwig Capital return of 11.5p and dividend of 1.6p; ex-date 06/03, pay 05/04. |
Posted at 16/4/2011 08:13 by jonwig Citywire 4 April 2011:With UK inflation recently announced at 4.4%, investors are in a dilemma. How do they protect their portfolios from the potential ravages of persistent inflation? High yielding equities are an obvious choice, but recent academic evidence from the IMF suggests it is far from the best long-term way of doing so. Commercial property is another, but investors may well be concerned about how global economics and the state of the global banking sector could affect property valuations and security of rental income, as well as the potential for dividend growth from listed property companies. Fixed income and corporate bonds are less attractive in inflationary markets, so what else offers lower volatility than equities, but with high levels of income, hopefully growing, and the potential for capital appreciation? Closed-ended funds are well suited to unusual asset classes. A common feature of many new launches today is to have an element of Libor-linked income from several asset classes that traditional investors will probably have not invested in before. Secured loans are probably the most well known asset class that offer a Libor-linked income. Formerly known as leveraged loans, companies use secured loans as part of their capital structure. These typically rank above equity and below bank borrowings in the event of company default. Secured on company owned assets, they often pay an index-linked income stream. The rise of securitisation led to the sector being a favourite of hedge funds and investment banks who were attracted to its high yield and low volatility; 2008 saw that volatility rise and prices fall sharply, but both today are back to near their long-term averages. Investment trusts and companies such as Henderson Diversified Income, HarbourVest Senior Loans Europe and the currently fundraising NB Global Floating Rate Income are all either entirely or significantly invested in the asset class. Others, such as Greenwich Loan Income fund (AIM listed) or Carador are invested in collateralised loan obligations (CLOs). Both are invested in the highest risk but highest return equity tranche of a single or range of CLOs. All these funds have their own strengths and weaknesses. Their common link is that while they pay attractive income levels, investors must be extremely comfortable with the asset class, its risks and levels of gearing implicit in the loans or bonds that the funds own. When retail investors get interested in asset classes typically reserved for sophisticated institutional investors, however, one should also be wondering whether a particular asset class is reaching the top of its particular cycle. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
