Diverse Income Trust (Ordinary Share) DIVI

UK Growth & Income

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Estimated NAV

90.00

Share Price

93.75

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Diverse Income Trust (Ordinary Share) Price 56.37%
Diverse Income Trust (Ordinary Share) NAV 51.91%
FTSE All-Share Index 5.65%
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
Ordinary Share 93.8 4.6% 90.00 89.00
19 May
101% 2.99%

Discrete performance % over

Fund / BenchmarkJun '13
May '14
Jun '14
May '15
Jun '15
May '16
Diverse Income Trust (Ordinary Share) Price29.866.0013.60
Diverse Income Trust (Ordinary Share) NAV27.838.709.33
FTSE All-Share Index5.018.90-7.62

Discrete performance over

Discrete Performance

Top 10 Holdings

Burford Capital Ord 2.69%
FTSE 100 Put Option 2.69%
Charles Taylor Consulting Plc 2.29%
Novae Group 1.59%
Safestyle UK plc 1.59%
Macfarlane Group Plc 1.49%
Fairpoint Group 1.49%
Shoe Zone plc 1.49%
Powerflute Oyj 1.39%
International Greetings plc 1.39%

Sectors weighting

FTSE small cap ex IC 65.70%
FTSE 250 ex IC 16.90%
FTSE 100 equities 16.30%
Fixed Interest 1.60%
Net Current Assets -0.40%

Regional weighting

UK 98.00%
Fixed Interest 2.00%
Cash/Cash Equivalent 1.00%
  • Investment trust info:

  • Sector UK Growth & Income
  • Launch Date 28 Apr 2011
  • Currency GBX
  • Domicile UK
  • Share Price 93.75
  • Share Type Ordinary Share
  • TIDM DIVI
  • ISIN GB00B65TLW28
  • Shares Issued (M) 383
  • Market Capital (£M) 359.52
  • Gross Assets (£M) 346.73
  • Net Assets (£M) 343.68
  • TER (%) 1.33
  • Historic Dividend Yield (%) 2.99
  • Last AGM 14 Oct 2015
  • Next AGM 14 Oct 2016
  • Last Annual Report Date 24 Dec 2015
  • Next due Report Date 31 May 2016
  • Next due Report Type A/R
  • Objective:

  • To provide shareholders with an attractive level of dividends coupled with capital growth over the long-term, through investment primarily in quoted or traded UK companies with a long-term bias toward small and mid cap equities.
  • Management Group(s):

  • Midas Capital Partners Limited
  • Midas Capital Partners Ltd
  • Miton Asset Management Ltd
  • Miton Capital Partners Limited
  • Miton Trust Managers
  • Seneca Investment Managers Limited
  • Managed by:

  • Gervais Williams Start: 28 Apr 2011
  • Martin Turner Start: 28 Apr 2011
  • Management Contract & Fees:

    The management fee is payable monthly in arrears and is at the rate of 1% p. a of the Company's Market Capitalisation where the Market Capitalisation is equal to or less than £ 300m and, to the extent that the Market Capitalisation is greater than £ 300m, the rate to be applied to such excess (and only such excess) shall be one-twelfth of 0.8% per calendar month. In addition to the basic management fee, and for so long as a Redemption Pool is in existence, the Manager is also entitled to receive from the Company a fee calculated at the rate of one-twelfth of 1% per month of the NAV of the Redemption Pool on the last Business Day of the relevant calendar month. The Manager shall not be entitled to any performance fee. The Management Agreement is terminable by either the Manager or the Company giving to the other not less than 12 months' written notice.