Grafico Azioni Sqn Asset Finance Income (LSE:SQN)
2 Mesi : Da Ott 2019 a Dic 2019
RNS Number : 2137R
SQN Asset Finance Income Fund Ltd
28 October 2019
28 October 2019
SQN Asset Finance Income Fund Limited
Monthly Net Asset Value and Dividend
SQN Asset Finance Income Fund Limited (the "Company"), the leading diversified equipment leasing fund listed in the UK, is pleased to provide its monthly net asset value ("NAV") update.
Net Asset Value and Performance
As at 30 September 2019, the unaudited estimated NAV per Ordinary Share(1) was 94.32 pence.
As at 30 September 2019, the unaudited estimated NAV per C Share(1) was 98.03 pence.
The Company also announces the cumulative NAV total return(2) performance as at 30 September 2019, as follows:
Share class Month-to-month 1 year return 3 year return Return since
Ordinary shares 0.39% 4.08% 18.15% 35.04%
C shares 0.60% 7.39% - 11.10%
The Company is pleased to announce a dividend of 0.6042 pence per Ordinary Share and per C Share for the month ended 30 September 2019, reflecting an annualised dividend of 7.25 pence for each share class. The dividend will be payable on 29 November 2019 to holders of each share class on the register on 8 November 2019. The ex-dividend date is 7 November 2019.
(1) NAV Footnote
The Ordinary Share and C Share NAVs are quoted before deducting the 0.6042 pence per share dividends, announced on 30 September 2019 that went ex-dividend on 10 October 2019 and was paid on 25 October 2019.
(2) Performance Footnote
The NAV total return details the change in NAV from the start of the relevant period and assumes that dividends paid to shareholders are reinvested at NAV.
The Company's factsheet for September 2019 will shortly be available on the Company's website: www.sqncapital.com/managed-funds/sqn-asset-finance-income-fund.
For further information please contact:
SQN Capital Management, LLC
Neil Robert 01932 575 888
Winterflood Securities Limited 020 3100 0000
Henry Wilson 020 7466 5000
Notes to Editor
The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK, Northern Europe and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.
The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Capital Management (UK) Limited. The principals responsible for managing the portfolio are Neil Roberts and Jeremiah Silkowski.
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(END) Dow Jones Newswires
October 28, 2019 03:00 ET (07:00 GMT)