Objective
To provide shareholders with an attractive and growing level of income, together with the potential for capital growth, from investment in songs and associated musical intellectual property rights.
AIC sector
Management group
Hipgnosis Songs
Launch date
11/07/2018
Domicile
Guernsey
Fund manager
Not Disclosed
Dividend frequency
Quarterly
Wind-up provisions
The Company has an unlimited life. The Directors will propose an ordinary resolution that the Company continues its business as a closed-ended investment company at the first AGM of the Company following the fifth anniversary of Admission. If the Continuation Resolution is passed, the Directors will put a further Continuation Resolution to Shareholders at the AGM of the Company every five years thereafter.
Market Cap (m) Total assets (m) Price (last close) NAV Discount / premium (%) Gearing (%) Dividend yield (%) Dividend dates Ongoing charge (%)
1,223.72 1,652.51 101.20 87.12 16.16 40 1.30 Jan, Apr, Jul, Oct 1.21 (31/03/2023)
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Note

Dividends

Dividends declared in last 12 months

Ex-Dividend date Payment date Dividend amount Special dividend Financial year
28/09/2023 27/10/2023 1.313 No 2024
29/06/2023 28/07/2023 1.313 No 2023
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Performance (%)

Return type 1 year 3 years 5 years 10 years
Hipgnosis Songs Fund Share price total return 22.8 -6.9 20.4 N/A
Royalties AIC sector Share price total return N/A N/A N/A N/A
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Share structure

Number of shares
1,209,214,286

Traded volumes (number of shares)

  Yesterday 1 month 1 year 5 years
Total 5,165,330 700,207,460 1,913,342,704 3,865,780,738
Average N/A 32,153,500 7,547,560 3,067,290
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Traded values (m)

  Yesterday 1 month 1 year 5 years
Total 5.23 722.82 1,685.17 3,821.63
Average N/A 33.22 6.65 3.03
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Trading details

ISIN TIDM Traded currency Stock exchange
GG00BFYT9H72 SONG GBX London Stock Exchange - MAIN
Chi-x Europe Limited
London Stock Exchange
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Top holdings

Data as at : 30/09/2022

Investment % of total assets
Catalogues Of Songs 91.1
Trade And Other Receivables 6.3
Cash And Cash Equivalents 1.7
Non-Current Receivables 0.9
Other Assets 0.1
Goodwill 0.0

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.