JPMorgan Senior Secured Loan (Ordinary Share) JPSL

Sector Specialist: Securitised Debt

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Estimated NAV (p)

96.00

Share Price (p)

N/A

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 98.8p 3.4% 96.00p 96.00p
24 Nov
120% 4.57%

Top 10 Holdings

First Data Corp. 2.28%
Albertsons 2.28%
avaya 2.08%
Level 3 Communications Inc 2.08%
univision 1.98%
Supervalu 1.98%
New Albertsons 1.78%
Clear Channel Communications 1.78%
Pierre Foods 1.78%
Intrawest 1.68%

Sectors weighting

Fixed Interest 101.00%
Net Current Assets -1.00%

Regional weighting

North America Region 98.00%
Europe Developed ex-UK 3.00%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 18 Dec 2013
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) N/A
  • Share Type Ordinary Share
  • TIDM JPSL
  • ISIN GG00BGCZJW90
  • Shares Issued (M) 79
  • Market Capital (£M) 78.11
  • Gross Assets (£M) 90.65
  • Net Assets (£M) 75.54
  • TER (%) 0.00
  • Historic Dividend Yield (%) 4.57
  • Last AGM  
  • Next AGM  
  • Last Annual Report Date  
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To provide shareholders with a high level of income and capital appreciation through investment across a range of mainly non-investment grade corporate credit instruments.
  • Management Group(s):

  • JP Morgan Asset Management (UK) Ltd
  • Managed by:

  • James Shanahan Start: 18 Dec 2013
  • William Morgan Start: 18 Dec 2013
  • Management Contract & Fees:

    The Investment Manager will be entitled to receive from the Company a management fee, calculated and payable monthly in arrears, at a rate of 0.75% of the lower of the trusts net assets and its market capitalisation. The company secretarial costs of the Company are included in this management fee. The Investment Management Agreement also provides for payment by the Company of certain fees in connection with marketing activities carried out by the Investment Manager. No performance fee will be payable to the Investment Manager. The Investment Management Agreement is terminable on six months' notice, such notice not to expire prior to the third anniversary of Admission.