Yielding 7.6% and trading on a 8.5% discount, RMDL is undervalued relative to its history. FY20 proved testing and the fund’s independent valuer took a cautious approach to the fund’s NAV. Over the year, the fund delivered a NAV TR of 3.15% including a 6.5p dividend. Management is bullish on the portfolio. Highlighting its resilience and how they expect to recover value on troubled exposures (e.g. Gym Franchises, Hotels etc). The team used the results to outline refinements to the investment str ....
29 Mar 2021
Refining the strategy
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Refining the strategy
RM Infrastructure Income PLC GBP (RMII:LON) | 75.5 0 0.0% | Mkt Cap: 88.8m
- Published:
29 Mar 2021 -
Author:
Paul Glover -
Pages:
4
Yielding 7.6% and trading on a 8.5% discount, RMDL is undervalued relative to its history. FY20 proved testing and the fund’s independent valuer took a cautious approach to the fund’s NAV. Over the year, the fund delivered a NAV TR of 3.15% including a 6.5p dividend. Management is bullish on the portfolio. Highlighting its resilience and how they expect to recover value on troubled exposures (e.g. Gym Franchises, Hotels etc). The team used the results to outline refinements to the investment str ....