2 Share price total return (including dividends reinvested) 3 AIC UK All Companies 4 FTSE All-Share Index 5 Calculated based on the NAV per share and share price at year end 6 Ongoing charge excludes performance fee. Ongoing charge including performance fee is 0.88% (2019: 0.91%) as no performance fee was paid during the year 7 This represents three interim dividends of 6.5p each and a proposed final dividend of 7.5p which will be put to shareholders for approval at the Annual General Meeting on 11 March 2021. See the Annual Report for more details 8 Based on the share price at the year end
Performance review
It has been a very difficult year for UK equities. The COVID-19 pandemic and the resultant lockdown caused a rapid fall in UK economic activity, and the impact on corporate profitability produced widespread cuts in dividend payments. In this meltdown the returns from the Company s investment po
BlackRock North American Income Trust Plc - Final Results
PR Newswire
LEI: 549300WWOCXSC241W468
PERFORMANCE RECORD
158.06
145.50
2
2
(7.5%)
2
========
1 The change in net assets reflects market movements, shares issued/bought back and dividends paid during the year.
2 Alternative Performance Measures, see Glossary in the Company s Annual Report for the year ended 31 October 2020.
Year ended
5,367
6.65
NAV %
Sources: BlackRock and Datastream.
CHAIRMAN S STATEMENT
OVERVIEW
Despite a promising start to the Company s financial year, with all-time highs in global equities reached in February 2020, the subsequent COVID-19 pandemic has since clearly had an enormous impact on the global economy. The initial lockdown measures severely curtailed economic activity in most countries and, although economies slowly restarted over the summer, sharply rising infection rates prompted further restrictions in many countries over the autumn. In addition, concerns ov
BlackRock Energy and Resources Income Trust Plc - Final Results
PR Newswire
(LEI: 54930040ALEAVPMMDC31)
PERFORMANCE RECORD
80.76
2
4,900
4.31
4.00
========
1 The change in net assets reflects market movements, the buyback of shares and dividends paid during the year.
2 Alternative Performance Measures, see Glossary contained within the Annual Report which can be found on the Company s website at wwww.blackrock.com/uk/beri.
CHAIRMAN S STATEMENT
MARKET OVERVIEW
This year has been challenging for investors with the COVID-19 pandemic creating deep uncertainty about the prospects for economies and triggering extreme volatility in markets. As the pandemic took hold, demand for commodities collapsed and significant operational and supply disruption exacerbated sharp falls in their prices. Stock markets subsequently rallied, aided by positive economic data from China and the oil price staged a partial recovery on the back of Organisation of Petroleum Exporting Coun
( Drum or the Company )
Drum Income Plus REIT plc (LSE: DRIP) today announces the Company s audited results for the 12 months ended 30 September 2020
The Company also announces that its 2021 Annual General Meeting will be held on Thursday, 18 March 2021 at 12.00 p.m. at 16 Charlotte Square, Edinburgh EH2 4DF. The Company s Annual Report and Financial Statements for the year ended 30 September 2020 and the formal Notice of the Annual General Meeting will be posted to shareholders and in accordance with Listing Rule 9.6.1 copies of the documents have been submitted to the UK Listing Authority and will shortly be available to view on the Company s corporate website at
Legal Entity Identifier: 213800UMIOUWXZPKE539
During the six months to 30 November 2020, the Company s share price and NAV (after deducting borrowings at fair value) returned 50.8 per cent. and 53.8 per cent. respectively. This compares with a total return of 11.1 per cent. for the S&P 500 Index (in sterling terms).
¾ Moderna, held in the Company since 2018, is one of the biotechnology companies which has been at the forefront of coronavirus vaccine development. ¾ In the energy sector, there s been an acceleration in the shift towards electric vehicles. ¾ SpaceX, a private company investment, has been innovating at a breath-taking pace. ¾ We are optimistic about what the future holds. The pace of innovation is speeding up and spreading out. This ought to be a fruitful environment for growth investors.