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ICTA Invest. Cap. A

98.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Invest. Cap. A ICTA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 98.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
98.00 98.00
more quote information »

Invest. Cap. A ICTA Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

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Posted at 31/1/2017 20:30 by vacendak
The trust is changing its name from Investor Capital Trust Plc to F&C UK High Income Trust Plc as of February 1st, 2017
The new tickers will be FHI, FHIB and FHIU for, respectively ICTA, ICTB and ICTU; which in turn are the A-shares, the B-shares and the units.



In many ways this makes a lot of sense:
* Investor Capital Trust sounded a bit obscure and non-descript.
* The new name makes sense: The trust was managed by F&C, is indeed UK shares/bonds and it is in the income category.

Let's hope the clearer name creates more activity news-wise, because not many people have talked about it recently. The trust is kind of quiet but as noted above, does its job pretty well.

[edit]
Until 2010, the ticker FHI belonged to "First trust strategic high income", a US fund which had an LSE listing. It is now called "First trust strategic high income II" (not much brainstorming on that name I guess) and now sports FHY as its TIDM.
Posted at 20/10/2016 13:24 by vacendak
Just found the thread, I invest in the units (ICTU) which are three ICTA and one ICTB each.

It has not done too badly of late, the dividend is holding (the 'raison d'etre' of course) and the discount is reasonable and narrowing slowly.

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