HICL Infrastructure: Dividend Growth On Hold
HICL Infrastructure is the oldest UK-listed infrastructure trust and has a very respectable record of steady performance. But it’s had to stop increasing its dividend in the wake of the pandemic.
Debt Investment Trusts: For The Brave Only
One of the attractions of the investment trust sector is the way it regularly renews itself, backing its winners and cutting loose what doesn’t seem to work.
HICL Infrastructure: The Price Of Political Risk
HICL Infrastructure Company is the oldest and largest infrastructure trust in the UK. It was set up in 2006 and now boasts nearly £3bn in assets. Its annualised return since launch has been 9.4%, handily ahead of the 7-8% target set at its IPO.
The Tale Of Tetragon And The Dastardly Discount
Whenever I see an investment trust trading at a discount of nearly 50%, my spidey sense starts tingling. There’s either a great opportunity… or great danger. Tetragon Financial Group is one such example. Having seen it mentioned in enthusiastic terms a few times in recent months, I decided it was worthy of a closer look.
The Hidden Risks Behind Alternative Asset Funds
The news that the Airbus A380 would stop production in 2021 got a fair amount of press coverage on Thursday. It also provided a timely reminder of the risks of investing in alternative asset funds.
Taking Positives From 2018
Falling markets can be useful in many ways. They can provide attractive entry prices for long-term investors. And they can reveal who has been swimming naked.
Hipgnosis Songs Fund (SONG) Shoots For A 5% Yield
So, here’s an investment trust that’s a little bit different. Hipgnosis Songs Fund (SONG) joined the market on 11 July 2018, raising £202m at 100p per share.
It’s one of many investment trusts tapping into the demand for income and returns that aren’t directly correlated to the stock market. Hipgnosis Songs is shooting for a 5% dividend yield (based on its float price) as part of a total target return of 10% a year, courtesy of money generated from music royalties.