Aberforth Split Level Income Trust (ASIT) aims to generate a high yield from a value investment strategy in UK small caps and from gearing taken through zero-dividend preference shares (ZDPs). The trust has a fixed life and is to be wound up in 2024. All income is distributed to ordinary shareholders. On a historical basis, following the coronavirus crash the yield is extremely high, at 8.5%. However, as we discuss in the Dividend section, investee companies are having to cut their payouts becau ....
27 May 2020
Aberforth Split Level Income - Overview
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Aberforth Split Level Income - Overview
Aberforth Split Level Income Trust plc (ASIT:LON) | 0 0 0.0% | Mkt Cap: 133.0m
- Published:
27 May 2020 -
Author:
Thomas McMahon, CFA -
Pages:
7
Aberforth Split Level Income Trust (ASIT) aims to generate a high yield from a value investment strategy in UK small caps and from gearing taken through zero-dividend preference shares (ZDPs). The trust has a fixed life and is to be wound up in 2024. All income is distributed to ordinary shareholders. On a historical basis, following the coronavirus crash the yield is extremely high, at 8.5%. However, as we discuss in the Dividend section, investee companies are having to cut their payouts becau ....