Secured Income Fund PLC — Net Asset Value 2018

Apr 25, 2018

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RNS Number : 9319L

SQN Secured Income Fund PLC

25 April 2018

25 April 2018                                                                        

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 31 March 2018, the unaudited estimated NAV per ordinary share (cum-income) was 98.04 pence.

The NAV total return in March 2018 was 0.50% (February 2018: 0.24%).

Dividend

The Company is pleased to announce the ninth monthly dividend for the year ending 30 June 2018:

Dividend amount:	0.525 pence per Ordinary Share
Ex-date:	3 May 2018
Record date:	4 May 2018
Payment date:	25 May 2018

The Company has elected to designate all of the dividends for the period ended 31 March 2018 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 March 2018. 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/9319L_-2018-4-24.pdf

(www.sqnsecuredincome.com).

For further information please contact:

SQN Asset Management Limited Neil Roberts/Jeremiah Silkowski/Dawn Kendall	tel: +44 1932 575 888
Cantor Fitzgerald Europe Sue Inglis	tel: +44 20 7894 8016
Buchanan Communications Charles Ryland/Vicky Hayns/Henry Wilson	tel: +44 20 7466 5000
www.sqnsecuredincome.com

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 principals responsible for managing the portfolio are Jeremiah Silkowski, Dawn Kendall and Neil Roberts.

This information is provided by RNS

The company news service from the London Stock Exchange

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