Monthly net asset value, dividend and fact sheet
30 January 2020
SQN Secured Income Fund plc
Monthly Net Asset Value, Dividend and Fact Sheet
SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to provide its monthly net asset value ("NAV") and dividend update in addition to its monthly fact sheet.
Net Asset Value
The Company announces that, as at 31 December 2019, the unaudited estimated NAV per ordinary share (cum-income) was 92.36 pence.
The NAV total return in December 2019 was -0.31% (November 2019: 0.63%).
The Company is pleased to announce the sixth monthly dividend for the year ending 30 June 2020:
0.583 pence per Ordinary Share
06 February 2020
07 February 2020
28 February 2020
The Company has elected to designate all of the dividends for the period ended 31 December 2019 as interest distributions to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.
The Company announces that it has today published its monthly fact sheet to the end of December 2019. Please follow the link below to access the fact sheet, which is also available to download from the Company's website.
For further information please contact:
SQN Asset Management Limited
Dawn Kendall / Jeremiah Silkowski / Neil Roberts
tel: +44 1932 575 888
William Marle / Giles Rolls
tel: +44 20 7220 0500
Kepler Partners LLP
Hugh van Cutsem
tel: +44 20 3384 8790
Charles Ryland / Henry Wilson
tel: +44 20 7466 5000
Notes to Editor
The Company aims to provide shareholders with attractive risk-adjusted returns, principally in the form of regular, sustainable dividends, through investment predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration.
The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Asset Management Limited. The principals responsible for managing the portfolio are Dawn Kendall, Jeremiah Silkowski and Neil Roberts.
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