Round Hill Music Royalty Ord (LSE:RHM) - Investment trust price


Investment Trust Report

Round Hill Music Royalty Ltd RHM

Last Price
$1.00

Day Change
0.01|0.51%

As of 16/08/2022
17:15:00 BST | USD
Minimum 15 Minutes Delay.

Last Close0.99
Day Range0.98 - 1.00
52-Wk Range0.95 - 1.09
Mkt Cap Mil403.55
Yield %4.55
Estimated Nav1.12
Discount %-11.75
12M Avg Disc %-4.77
Last Actual NAV1.12
Last NAV Date31/12/2021

Share Price Performance (USD)

Key Statistics (USD)
Total Assets457.282m
Net Assets457.282m
Market Capitalisation403.545m
Gross Gearing0%
Net Gearing0%
Average Daily Shares Traded (1 Yr)0.557m
Average Daily Value Traded (1 Yr)0.574m
Ongoing Charge-%
DomicileGuernsey
Legal StructureClosed End Fund
Traded CurrencyUSD
ISINGG00BMXNVC81
Launch Date13 Nov 2020
Financial Year EndDec 2022
Next AGMDec 2022
NAV FrequencySemi-annually
Dividend FrequencyQuarterly
Valuation Statistics
 16/08/20221 Yr High1 Yr Low
Price0.991.090.99
NAV*1.121.131.07
Discount/Premium-11.750.81-11.75
Category Discount---
Z-Statistics (1Yr)-1.86  

Total Returns (USD) 16/08/2022

 Chg (%)  
More ...
Price- 
NAV-
Cat Price-
Cat NAV-
 
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Income.011301/06/20222022
Income.015017/03/20222021
Income.011325/11/20212021
Income.011326/08/20212021
Income.007503/06/20212021
Director Dealings
TradedActionNotifierPriceAmountValue
18/05/2022PurchaseMr. Francis Keeling1.0730,00032,100.00

Morningstar Rating™

Not Rated

Morningstar® Category

Other

Benchmarks

Morningstar® Benchmark

Not Categorized
Fund Structure
Share Type# of Shares
Ordinary Share407.621m

Investment Objective

To provide investors with an attractive level of regular and growing income and capital returns from investment primarily in high quality, music intellectual property. The Company will invest in a songwriter’s copyright interest in a musical composition or song together with the rights in the recording of the musical composition or song together with all rights and assets considered by the Investment Manager to be ancillary thereto. The Company intends to invest in small to medium sized Catalogues (typically 100-1000 Copyrights) that are diversified by artist, genre, decade and royalty type. The Company also intends to invest predominantly in classic, older Copyrights with enduring appeal and which experience consistent usage. Such compositions have generally reached a steady state of earnings and are not subject to the natural decline in earnings and value that typically occurs within the initial ten years of a composition’s life.
Managers
Josh Gruss13/11/2020
Amanda Siconolfi13/11/2020
Steve Clark13/11/2020

Directors

Trevor Bowen, Caroline Chan, Francis Keeling, Audrey McNair
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 U.S. Dollars (USD) 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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