Maven Income & Growth VCT has published its interm management statement for the quarter ending November 30th 2012 revealing a slight increase in the size of its Net Asset Value (NAV).
The company's NAV was 50p higher than that reported on August 31st 2012. The NAV total return of 117.6p per share was also 50p higher than that recorded on August 31st 2012.
Some 183,000 ordinary shares were bought back for cancellation during the quarter and an interim dividend of 2p per share was paid on December 7th in respect of the year ending February 28th.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
During the quarter, a total of £87,330 was invested in two unlisted companies. Aggregate proceeds of £1,756,262 were received from the disposal of holdings in six unlisted companies, against a total cost of £1,143,008.
Maven Income and Growth VCT PLC is a generalist VCT which aims to achieve long-term capital appreciation and generate maintainable levels of income for shareholders.
MF
-
Best-performing funds and investment trusts in stocks and shares ISAs of all timeAs ISAs celebrate their 26th birthday, we reveal the best-performing funds and investment trusts since stocks and shares ISAs launched in April 1999, and how much they would be worth today
-
Dividends: Reliability in uncertain timesDividends have formed over half of the total return of the UK market over the last 20 years. Dividend strategies have been under-appreciated while investors have focused on US mega cap technology. Income strategies may have more appeal in a tougher investment climate
