SQN Secured Income Fund PLC Monthly Net Asset Value, Dividend and Fact Sheet (2435U)
October 23 2017 - 1:00AM
UK Regulatory
TIDMSSIF
RNS Number : 2435U
SQN Secured Income Fund PLC
23 October 2017
23 October 2017
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 September 2017, the
unaudited estimated NAV per ordinary share (cum-income) was 98.69
pence.
The NAV total return in September 2017 was 0.39% (August 2017:
0.31%).
Dividend
The Company is pleased to announce the third monthly dividend
for the year ending 30 June 2018:
Dividend amount: 0.525 pence per Ordinary
Share
Ex-date: 2 November 2017
Record date: 3 November 2017
Payment date: 24 November 2017
The Company has elected to designate all of the dividends for
the period ended 30 September 2017 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 September 2017. 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/2435U_-2017-10-20.pdf
(www.sqnsecuredincome.com).
For further information please contact:
SQN Asset Management tel: +44 1932
Limited 575 888
Neil Roberts/Jeremiah
Silkowski/Dawn Kendall
Cantor Fitzgerald Europe tel: +44 20 7894
Sue Inglis 8016
Buchanan Communications tel: +44 20 7466
Charles Ryland/Vicky 5000
Hayns/Henry Wilson
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
END
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