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Ranger Direct Lending (split) (Ord Income) RDL

Split Capital Trust

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Estimated NAV

995.00

Share Price

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Ranger Direct Lending (split) (Ord Income) Price -20.64%
Ranger Direct Lending (split) (Ord Income) NAV -10.94%
FTSE World Europe 16.40%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
ZDP 2021 107.0 -0.4% 107.00 104.00
30 Apr
100% n/a%
Ord Income 750.0 -24.6% 995.00 1021.00
30 Nov
137% 12.66%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
Ranger Direct Lending (split) (Ord Income) Price-2.85-16.940.99-2.62
Ranger Direct Lending (split) (Ord Income) NAV-1.55-3.68-2.88-3.29
FTSE World Europe4.136.713.081.62

Discrete performance over

Discrete Performance

Sectors weighting

Debt - General 100.00%

Regional weighting

Fixed Interest 97.00%
Cash/Cash Equivalent 3.00%
  • Investment trust info:

  • Sector Split Capital Trust
  • Launch Date 01 May 2015
  • Currency GBX
  • Domicile UK
  • Share Price N/A
  • Share Type Ord Income
  • TIDM RDL
  • ISIN GB00BW4NPD65
  • Shares Issued (M) 16
  • Market Capital (£M) 120.92
  • Gross Assets (£M) 219.54
  • Net Assets (£M) 160.47
  • TER (%) 0.00
  • Historic Dividend Yield (%) 12.66
  • TAV 912.70
  • GRY 19.60
  • Wind-up date 31 Jul 2021
  • Last AGM 24 May 2017
  • Next AGM 24 May 2018
  • Last Annual Report Date  
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To provide Shareholders with an attractive return, principally in the form of quarterly income distributions, by acquiring a portfolio of debt obligations that have been originated or issued by Direct Lending Platforms.
  • Management Group(s):

  • Ranger Alternative Management, L.P.
  • Managed by:

  • Gary Melara Start: 01 May 2015
  • Jack Antonini Start: 01 May 2015
  • Mark Dawson Start: 01 May 2015
  • Wes McKnight Start: 01 May 2015
  • William Kassul Start: 01 May 2015
  • Management Contract & Fees:

    The management fee is payable monthly in arrears and is at the rate of 1/12 of 1.0% p.m. of NAV. The Investment Manager also retains the discretion to charge a fee based on a percentage of Gross Assets (such percentage not to exceed 1.0% and provided that the aggregate Management Fee payable by the Company shall not exceed an amount equal to 1.0% of the Gross Assets of the Company or its group in aggregate (as applicable)) to any entity which is within the Company's group (including the Company), provided that such entity employs leverage for the purpose of its investment policy or strategy. The performance fee will be a sum equal to 10% of the amount by which the Adjusted NAV at the end of a Calculation Period exceeds the High Water Mark.

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