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Interim Results

Diverse Income Trust NAV falls

29 January 2015 08:25

The Diverse Income Trust's net asset value per ordinary share fell by 3.2% in the six months to the end of November.

The total return per ordinary share, including the capital reduction and the two dividends announced in the half year, amounted to a reduction of 1.1% per ordinary share over the period.

Chairman Michael Wrobel said: "World growth slowed in the period and therefore most businesses are now finding it distinctly harder to sustain decent growth in their revenues and dividends.

"The modest fall of the FTSE All-Share Index of just 1.7% in the six month period somewhat understates the wider adverse trend in market indices. This is more evident in the FTSE SmallCap (excluding Investment Trusts) Index, which fell 6.6% over the six months to November, whilst the AIM All-Share Index was down 11.0% in the same period. The NAV of the Company fell 3.2% by way of comparison."

At 8:25am: (LON:DIVI) Diverse Income Trust PLCThe share price was -0.62p at 79.88p

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Related Company: DIVI

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