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SEQI

-0.13%
NEUTRAL

Sequoia Economic Infrastructure Income Fund Provides Monthly NAV and Portfolio Update

Why we think this is neutral

The RNS announcement provides a routine monthly update on the company's NAV and portfolio composition, without any major news or financial figures. While the update covers various aspects of the fund's performance, it does not contain any of the mandatory news types that would warrant a more positive or negative sentiment score.

Key Points

  • NAV per share decreased to 92.55 pence from 93.95 pence
  • Decline in NAV due to adjustments to a non-performing loan
  • Portfolio remains well diversified with 59.4% in fixed rate investments

Summary

The infrastructure debt fund reports its latest monthly NAV and provides an update on portfolio composition, new investments, and repayments.

Sequoia Economic Infrastructure Income Fund Limited (SEQI) has reported its latest monthly NAV and provided an update on its portfolio composition, new investments, and repayments. The fund's NAV per share decreased to 92.55 pence from the prior month's 93.95 pence, primarily due to adjustments to the assumptions made in relation to the recovery of a non-performing loan. The portfolio remains well diversified across sectors and geographies, with 59.4% in fixed rate investments as of March 2025.

GENERAL UPDATE