Northern 2 VCT Ord (LSE:NTV) - Investment trust price


Investment Trust Report

Northern 2 VCT NTV

Last Price
GBX63.50

Day Change
0.00|0.00%

As of 22/10/2021
09:31:13 BST | GBX
Minimum 15 Minutes Delay.

Last Close63.50
Day Range62.00 - 62.00
52-Wk Range43.00 - 92.50
Mkt Cap Mil103.50
Yield %-
Estimated Nav67.83
Discount %-6.39
12M Avg Disc %-9.29
Last Actual NAV72.20
Last NAV Date30/06/2021

Share Price Performance (GBP)

Key Statistics (GBP)
Total Assets110.565m
Net Assets110.565m
Market Capitalisation103.501m
Gross Gearing0%
Net Gearing0%
Average Daily Shares Traded (1 Yr)0.011m
Average Daily Value Traded (1 Yr)0.006m
Ongoing Charge (2021)2.16%
DomicileUnited Kingdom
Legal StructureClosed End Fund
Traded CurrencyGBP
ISINGB0005356430
Launch Date21 Apr 1999
Financial Year EndMar 2022
Next AGMAug 2022
NAV FrequencyQuarterly
Dividend FrequencySemi-annually
Valuation Statistics
 22/10/20211 Yr High1 Yr Low
Price63.5070.5049.50
NAV*67.8372.6964.10
Discount/Premium-6.39-2.98-23.02
Category Discount---
Z-Statistics (1Yr)0.77  

Total Returns (GBP) 22/10/2021

 Chg (%)  
More ...
Price-0.78 
NAV0.46
Cat Price0.59
Cat NAV0.34
 
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Income1.500019/08/20212021
Income - Special4.000019/08/20212021
Income2.000007/01/20212021
Income1.500013/08/20202020
Income1.800002/01/20202020

Morningstar Rating™

Not Rated

Morningstar® Category

Venture Capital

Benchmarks

Morningstar® Benchmark

Not Categorized
Fund Structure
Share Type# of Shares
Ordinary Share162.994m

Investment Objective

The objective of the company is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth. The company invests primarily in unquoted UK manufacturing and service businesses which meet the key criteria of good value, growth potential, strong management and ability to generate cash. The directors intend that the long-term disposition on the assets of the company will be approximately 80% in a portfolio of VCT qualifying unquoted and AIM investments and 20% in other investments selected with a view to producing an enhanced return while avoiding undue capital volatility, to provide a reserve of liquidity which will maximize the flexibility of the company as to the timing of investment acquisitions and disposals, dividend payments and share buy-backs.
Managers
Tim Levett23/12/2019
Charlie Winward23/12/2019

Directors

Alastair Conn, Simon Devonshire, David Gravells, Cecilia McAnulty, Frank Neale
Fund prices are updated every weekday after the close of trading and before 11 p.m. wherever possible. All figures are as at Last Close, on a cum income basis with debt valued at fair and in traded currency unless otherwise stated (we do not fair value debt for split capital trusts). Performance returns are presented in British Pounds (GBP) and calculated on a capital only basis with debt valued at par.
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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