SQN Secured Income Fund PLC Monthly Net Asset Value, Dividend and Fact Sheet (2300S)
June 22 2018 - 3:00AM
UK Regulatory
TIDMSSIF
RNS Number : 2300S
SQN Secured Income Fund PLC
22 June 2018
22 June 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 May 2018, the unaudited
estimated NAV per ordinary share (cum-income) was 97.92 pence.
The NAV total return in May 2018 was 0.41% (April 2018:
0.40%).
Dividend
The Company is pleased to announce the eleventh monthly dividend
for the year ending 30 June 2018:
Dividend amount: 0.525 pence per Ordinary
Share
Ex-date: 5 July 2018
Record date: 6 July 2018
Payment date: 27 July 2018
The Company has elected to designate all of the dividends for
the period ended 31 May 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 May 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/2300S_1-2018-6-22.pdf
(http://www.sqncapital.com/managed-funds/sqn-secured-income-fund/about/)
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
http://www.sqncapital.com/managed-funds/sqn-secured-income-fund/about/
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 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 or visit www.rns.com.
END
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