Objective
To generate attractive, risk-adjusted returns, principally through income distributions.
Management group
Fair Oaks Capital
Launch date
12/06/2014
Domicile
Guernsey
Fund manager
Not Disclosed
Dividend frequency
Quarterly
Wind-up provisions
Currently, under the Existing Articles, the Company is required to convene an EGM in 2024 but on or before 12 June 2024 to propose to Shareholders the Continuation Resolution. If that Continuation Resolution is passed by Shareholders, a further Continuation Resolution will be proposed on the nearest Business Day falling every two years thereafter. If a Continuation Resolution is not passed, the Board shall draw up proposals for the voluntary liquidation of the Company. The Realisation Shares are designed to enable Shareholders to maintain the life of their investment in the Company. The 2021 Shares are designed to enable Shareholders to extend the life of their investment in the Company. As the 2021 Shares will be substantively invested through Master Fund III, the 2021 Shares will have an expected life to the planned end date of Master Fund III, being 12 June 2028.
Market Cap (m) Total assets (m) Price (last close) NAV Discount / premium (%) Gearing (%) Dividend yield (%) Dividend dates Ongoing charge (%)
239.23 230.81 0.59 0.57 3.65 0 13.56 Mar, Jun, Sep, Dec 0.45 (31/12/2023)
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Dividends

Dividends declared in last 12 months

Ex-Dividend date Payment date Dividend amount Special dividend Financial year
29/02/2024 02/04/2024 0.020 No 2024
16/11/2023 15/12/2023 0.020 No 2023
24/08/2023 21/09/2023 0.020 No 2023
01/06/2023 30/06/2023 0.020 No 2023
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Performance (%)

Return type 1 year 3 years 5 years 10 years
Fair Oaks Income 2021 Share price total return 39.8 43.7 41.1 N/A
Debt - Structured Finance AIC sector Share price total return 15.7 24.5 31.6 N/A
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Share structure

Number of shares
405,477,342

Traded volumes (number of shares)

  Yesterday 1 month 1 year 5 years
Total 28,143 5,263,020 101,467,510 554,193,588
Average N/A 260,704 384,672 438,757
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Traded values (m)

  Yesterday 1 month 1 year 5 years
Total 0.02 3.09 53.72 307.69
Average N/A 0.15 0.20 0.24
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Trading details

ISIN TIDM Traded currency Stock exchange
GG00BNNLWT35 FAIR USD London Stock Exchange - SFS
Chi-x Europe Limited
London Stock Exchange
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Top holdings

Data as at : 31/03/2024

Investment % of total assets
Virgin Media 0.8
Ineos US 0.6
Altice France 0.6
Asurion 0.6
Refresco 0.5
Groupe Inovie 0.4
ION Trading Technologies 0.4
Filtration Group 0.4
McAfee 0.4
Paysafe 0.4

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.