Ground Rents Income Fund Plc (LSE:GRIO) - Investment trust price


Investment Trust Report

Ground Rents Income Fund Plc GRIO

Last Price
GBX83.50

Day Change
-0.50|-0.60%

As of 07/08/2020
15:41:25 BST | GBX
Minimum 15 Minutes Delay.

Last Close84.00
Day Range81.75 - 86.00
52-Wk Range60.00 - 95.00
Mkt Cap Mil81.00
Yield %4.73
Estimated Nav107.72
Discount % %-22.02
12M Avg Disc %-23.05
Last Actual NAV109.70
Last NAV Date31/03/2020

Share Price Performance (GBP)

Key Statistics (GBP)
Total Assets123.660m
Net Assets104.495m
Market Capitalisation81.000m
Gross Gearing18%
Net Gearing17%
Average Daily Shares Traded (1 Yr)0.129m
Average Daily Value Traded (1 Yr)0.108m
Ongoing Charge (2019)2.58%
DomicileUnited Kingdom
Legal StructureClosed End Fund
Traded CurrencyGBP
ISINGB00B715WG26
Launch Date13 Aug 2012
Financial Year EndSep 2020
Next AGMJul 2021
NAV FrequencySemi-annually
Dividend FrequencyQuarterly
Valuation Statistics
 07/08/20201 Yr High1 Yr Low
Price84.0093.5068.50
NAV*107.72110.90107.72
Discount/Premium-22.02-15.05-37.09
Category Discount---
Z-Statistics (1Yr)0.04  

Total Returns (GBP) 07/08/2020

 Chg (%)  
More ...
Price-9.77 
NAV-3.91
Cat Price-1.26
Cat NAV3.81
 
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Income.990016/07/20202020
Income.990007/05/20202020
Income.990006/02/20202020
Income1.020019/12/20192019
Income.980013/06/20192019

Morningstar Rating™

Not Rated

Morningstar® Category

Property - Direct UK

Benchmarks

Morningstar® Benchmark

MSCI ACWI/Real Estate GR USD
Fund Structure
Share Type# of Shares
Ordinary Share97.006m

Investment Objective

The company will invest the majority of the monies received pursuant to the Placing and the Subscription, net of any costs and expenses, in freeholds and head leases in the UK. The company intends to purchase Ground Rents where the leasehold interests are Long Dated although shorter opportunities will be considered if the Directors believe it is in the best interest of the company to do so.
Managers
James Agar13/08/2012

Directors

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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