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AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for April. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com).
PERFORMANCE and PORTFOLIO ACTIVITY
Volta has continued to perform well with +2.1% in April, reaching a total return of 8.4% for the first four months of 2021.
In April, Volta paid €0.14 per share dividend to shareholders (circa 8% annualized yield), a €0.02 increase relative to the January dividend payment, evidencing the improving situation of Volta.
This time around, the performance was driven almost evenly by the solid performance from CLO equity and CLO debt tranches. This month, contrary to March, the USD depreciation cost almost 1% of the monthly performance.
ABOUT VOLTA FINANCE LIMITED
Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock Exchange s Main Market for listed securities. Volta’s home member state for the purposes of the EU Transparency Directive is the Netherlands. As such, Volta is subject to regulation and supervision by the AFM, being the regulator for financial markets in the Netherlands.
Volta’s investment objectives are to preserve capital across the credit cycle and to provide a stable stream of income to its shareholders through dividends. Volta seeks to attain its investment objectives predominantly through diversified investments in structured finance assets. The assets that the Company may invest in either directly or indirectly include, but are not limited to: corporate credits; sovereign and quasi-sovereign debt; residential mortgage loans; and, automobile loans. The Company’s approach to inves
Volta Finance Limited - Dividend Update
IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
Guernsey,
2021
Further to the announcement made on 17 March 2021 regarding the payment of the first interim dividend on 29 April 2021, the Company has been notified that, due to a manual reconciliation being undertaken by Euroclear, payments to some investors have been delayed.
Confirmation has been received from the Registrar that the payment was made to Euroclear on time and in accordance with the payment instructions. The Registrar is currently in discussions with Euroclear to ensure that payment is made as soon as possible.
F
For the Investment Manager
TwentyFour Select Monthly Income Fund - Dividend Announcement
PR Newswire
TwentyFour Select Monthly Income Fund Limited
(a non-cellular company limited by shares incorporated in the Island of Guernsey under the Companies (Guernsey) Law 2008, as amended, with registered number 57985 and registered as a Registered Closed-ended Collective Investment Scheme with the Guernsey Financial Services Commission. LEI: 549300P9Q5O2B3RDNF78)
Re: Dividend Announcement
The Directors of TwentyFour Select Monthly Income Fund Limited have declared that a dividend will be payable, in line with the Prospectus, representing the regular monthly targeted dividend for the financial period ending 30 April 2021 as follows: Ex-Dividend Date20 May 2021
May 2021
Pursuant to the announcements made on 5 April 2019 and 26 June 2020 relating to changes to the payment of directors fees, Volta Finance Limited (the “Company” or “Volta”) has today purchased 3,495 ordinary shares of no par value in the Company (“Ordinary Shares”) at an average price of €6.06 per share.
Each director receives 30% of his Director’s fees for any year in the form of shares, which they are required to retain for a period of no less than one year from their respective date of issue.
The shares will be issued to the Directors, who for the purposes of Regulation (EU) No 596/2014 on Market Abuse (