Infrastructure trust shares bounce as bond yields lag, analysts spy further potential gains
Investment trust share prices spiked on Tuesday as bond and gilt yields dropped
Company
LON:SEQI
Sequoia Economic Infrastructure Income Fund Limited is a Guernsey domiciled, closed-ended fund listed on the London Stock Exchange that focuses primarily on taking subordinated and select senior debt exposures to economic infrastructure projects, companies and special purpose vehicles. The Fund invests in the UK, Western Europe, North America and Australasia through acquiring both loans and securities. The Fund’s objective is to provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of infrastructure debt. The target dividend yield is 6% (5% in first year) and the fund is focussed on generating a further 1-2% in capital appreciation.
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Investment trust share prices spiked on Tuesday as bond and gilt yields dropped
The company which supplies 1.7 million customers will be the first-ever to use the special administration regime
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The day ahead includes the quarterly FTSE reshuffle announcement and full year results from UK recruiter Hays
“We are targeting a 6% dividend yield alongside 1-to-2% capital appreciation. That will give a total return of 7-to-8%.”