Phoenix Spree Deutschland Ord (LSE:PSDL) - Investment trust price

Investment Trust Report

Phoenix Spree Deutschland Ltd Ord PSDL

Last Price

Day Change

As of 18/10/2019
16:48:03 BST | GBX
Minimum 15 Minutes Delay.

Last Close312.00
Day Range314.73 - 328.50
52-Wk Range270.00 - 379.00
Mkt Cap Mil325.93
Yield %2.08
Estimated Nav421.90
Discount % %-23.32
12M Avg Disc %-16.12
Last Actual NAV424.00
Last NAV Date30/06/2019

Share Price Performance (GBP)

Key Statistics (GBP)
Total Assets617.504m
Net Assets425.070m
Market Capitalisation325.931m
Gross Gearing45%
Net Gearing39%
Average Daily Shares Traded (1 Yr)0.247m
Average Daily Value Traded (1 Yr)0.872m
Ongoing Charge (2018)2.76%
Legal StructureClosed End Fund
Traded CurrencyGBP
Launch Date15 Jun 2015
Financial Year EndDec 2019
Next AGMJun 2020
NAV FrequencySemi-annually
Dividend FrequencySemi-annually
Valuation Statistics
 18/10/20191 Yr High1 Yr Low
Category Discount---
Z-Statistics (1Yr)-0.74  

Total Returns (GBP) 18/10/2019

 Chg (%)  
More ...
Cat Price1.53
Cat NAV2.80
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Director Dealings
27/09/2019PurchaseMr. Quentin Kenneth Frederick Spicer296.508,40024,906.00

Morningstar Rating™

Not Rated

Morningstar® Category

Property - Direct Europe


Morningstar® Benchmark

FTSE EPRA Nareit Germany TR EUR
Fund Structure
Share Type# of Shares
Ordinary Share100.751m

Investment Objective

The company intends to invest in German real estate with a strong focus on the residential market, particularly multi-apartment rental properties. It is expected that residential property will represent a minimum of 75% of the lettable space within the portfolio. The objective is to generate an attractive return for shareholders through the acquisition and active management of high quality pre-let properties in Germany. The Group is primarily invested in the residential market, supplemented with selective investments in commercial property. The majority of commercial property within the portfolio is located within residential and mixed-use properties.
Michael Hilton15/06/2015
Matthew Northover15/06/2015
Paul Ruddle15/06/2015
Jorg Schwagenscheidt16/09/2015


Robert Hingley, Monique O'Keefe, Quentin Spicer, Jonathan Thompson, Charlotte Valeur
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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