RM Secured Direct Lending

Data as at: 25/01/2021

Objective
To generate attractive and regular dividends through investment in debt instruments which are backed by real assets, led by exceptional management teams and usually demonstrate high cash flow visibility.
Management group
Launch date
15/12/2016
Domicile
United Kingdom

Please note, some investment companies release their Net Asset Values (NAVs) less frequently than daily. For example they may provide NAVs on a weekly, monthly, quarterly or even semi-annual basis. This means that the estimated NAV shown below, and the associated discount/premium to market price, will not necessarily reflect recent market movements.

Share type Total assets (m) Price (last close) Price (bid) Price (offer) Redemption price NAV Dividend dates Wind up date Gearing (%) Dividend yield (%)
Ordinary Share 111.0 88.50 87.00 90.00 N/A 93.88 Feb, Jun, Aug, Nov N/A 4 7.3
Zero Dividend Preference share 12.0 107.50 107.50 107.50 110.91 110.17 N/A 06/04/2021 N/A 0.0

Note

The Investment Manager will invest 50 per cent. of the monthly management fee in Ordinary Shares on a quarterly basis for the first 3 years following Admission. The Shares will be purchased in the secondary market or, if this is not possible, through the issue of Ordinary Shares by the Company. Discount Control Policy .- if the 6 month average discount is greater than 6%, the Board will endeavour to reduce the discount by buying back shares.

Dividends

Dividends displayed in traded currency.

Ex-Dividend date Dividend amount Dividend type Special dividend Financial year
03/12/2020 1.625 Income No 2020
03/09/2020 1.625 Income No 2020
04/06/2020 1.625 Income No 2020
05/03/2020 1.625 Income No 2020
05/03/2020 0.075 Income Yes 2020

View dividend history

Dividend cover (years) Revenue reserves (m)
0.49 3.73

Trading information

Share type ISIN TIDM Traded currency
RM Secured Direct Lending GB00BYMTBG55 RMDL GBX
RM Secured Direct Lending ZDP 2021 GB00BG1TSQ91 RMDZ GBX

Traded volumes (number of shares)

  Yesterday 1 month 1 year 5 years
RM Secured Direct Lending Total 120 1,640,856 22,837,344 0
RM Secured Direct Lending Average N/A 85,111 90,025 0
RM Secured Direct Lending ZDP 2021 Total 0 37,485 940,730 0
RM Secured Direct Lending ZDP 2021 Average N/A 1,785 3,523 0

Traded values (m)

  Yesterday 1 month 1 year 5 years
RM Secured Direct Lending Total 0.00 1.42 18.46 0
RM Secured Direct Lending Average N/A 0.07 0.07 0
RM Secured Direct Lending ZDP 2021 Total N/A 0.04 1.00 0
RM Secured Direct Lending ZDP 2021 Average N/A 0.00 0.00 0

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