Honeycomb Investment Trust (HONY) generates a high yield by investing in asset-backed loans. This is a specialist strategy with high barriers to entry, and therefore the returns on offer are high. HONY yields 8.4% at the time of writing, having paid a 20p dividend every quarter since launch (2016) without fail. HONY’s portfolio is very diverse, as discussed under Portfolio. It provides loans to non-bank lenders, secured against their assets, with the majority of the portfolio (70%) senior in th ....
14 Jul 2021
Honeycomb Investment Trust - Overview
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Honeycomb Investment Trust - Overview
Pollen Street Group Limited (POLN:LON) | 684 -27.4 (-0.6%) | Mkt Cap: 437.1m
- Published:
14 Jul 2021 -
Author:
Thomas McMahon, CFA -
Pages:
8
Honeycomb Investment Trust (HONY) generates a high yield by investing in asset-backed loans. This is a specialist strategy with high barriers to entry, and therefore the returns on offer are high. HONY yields 8.4% at the time of writing, having paid a 20p dividend every quarter since launch (2016) without fail. HONY’s portfolio is very diverse, as discussed under Portfolio. It provides loans to non-bank lenders, secured against their assets, with the majority of the portfolio (70%) senior in th ....