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NAV - Monthly Net Asset Value, Dividend and Fact Sheet

Company: Secured Income Fund PLC Date: 2020-05-28 Language: English Register to download

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 National Storage Mechanism | Additional information 

RNS Number : 2184O

SQN Secured Income Fund PLC

28 May 2020

28 May 2020                                         

SQN Secured Income Fund plc

Monthly Net Asset Value, Dividend and Fact Sheet

SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to provide its monthly net asset value ("NAV") and dividend update in addition to its monthly fact sheet.

Net Asset Value

The Company announces that, as at 30 April 2020, the unaudited estimated NAV per ordinary share (cum-income) was 87.85 pence.

The NAV total return in April 2020 was -0.70%.

Dividend

The Company is pleased to announce the tenth monthly dividend for the year ending 30 June 2020:

|     |     |
| --- | --- |
| Dividend amount: | 0.583 pence per Ordinary Share |
| Ex-date: | 04 June 2020 |
| Record date: | 05 June 2020 |
| Payment date: | 26 June 2020 |

The Company has elected to designate all of the dividends for the period ended 30 April 2020 as interest distributions to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.

Fact Sheet

The Company announces that it has today published its monthly fact sheet to the end of April 2020. Please follow the link below to access the fact sheet, which is also available to download from the Company's website.

[http://www.rns-pdf.londonstockexchange.com/rns/2184O\_1-2020-5-28.pdf](http://www.rns-pdf.londonstockexchange.com/rns/2184O_1-2020-5-28.pdf)

([http://www.sqncapital.com/managed-funds/sqn-secured-income-fund/about/](http://www.sqncapital.com/managed-funds/sqn-secured-income-fund/about/))

For further information please contact:

|     |     |
| --- | --- |
|     |     |
| SQN Asset Management Limited<br><br>Dawn Kendall, Investment Management<br><br>Nicola Bird, Relationship Management<br><br>Catherine Halford, Sales | tel: +44 1932 575 888 |
| finnCap Ltd.<br><br>Corporate Finance: William Marle / Giles Rolls<br><br>Sales: Mark Whitfeld | tel: +44 20 7220 0500 |
| Kepler Partners LLP<br><br>Hugh van Cutsem | tel: +44 20 3384 8790 |
| Buchanan Communications<br><br>Charles Ryland / Henry Wilson | tel: +44 20 7466 5000 |

 

Notes to Editor

The Company aims to provide shareholders with attractive risk-adjusted returns, principally in the form of regular, sustainable dividends, through investment predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration.

The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Asset Management Limited. The principal responsible for managing the portfolio is Dawn Kendall.

  

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [rns@lseg.com](mailto:rns@lseg.com) or visit [www.rns.com](http://www.rns.com/).

END

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