7th May 2014 11:42
LONDON (Alliance News) - Troy Income & Growth Trust PLC Wednesday reported growth in net asset value over the course of its first-half, while it also outperformed the FTSE All-Share Index on a total return basis.
Troy Income & Growth, which aims to provide shareholders with an "attractive" income yield as well as the prospect of income and capital growth through investing in a portfolio of predominantly UK equities, said its NAV increased to 63.37 pence a share from 60.22 pence over the six months to March 31.
Its 7.6% NAV per share total return beat the 4.8% total return of the FTSE All-Share Index.
However, the premium of the share price to net asset value increase to 1.0% from 0.5% over the six months.
Troy Income & Growth shares were Wednesday quoted at 64.75, flat.
By Samuel Agini; [email protected]; @samuelagini
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