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IN BRIEF: Maven Income 5 Holds Payout But Interim Net Assets Slip

29th Jul 2020 14:52

Maven Income & Growth VCT 5 PLC - venture capital trust - Net asset value per share at May 31, end of first half, down 6.8% to 34.84 pence from 37.37p in November. Holds payout at 0.50 pence per share. "Despite the uncertain economic conditions, the manager maintained a good rate of deployment throughout the first half of the year, adding 10 new holdings to the portfolio and supporting 14 existing investee companies with follow-on funding," Maven Income 5 said.

Current stock price: 30.00p

Year-to-date change: down 8.0%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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