27 November 2019
SQN Secured Income Fund plc
Monthly Net Asset Value, Dividend and Fact Sheet
SQN Secured Income Fund plc (LSE: SSIF) (the "Company"), a specialist secured lending income investment trust, listed in the UK, is pleased to provide its monthly net asset value ("NAV") and dividend update in addition to its monthly fact sheet.
Net Asset Value
The Company announces that, as at 31 October 2019, the unaudited estimated NAV per ordinary share (cum-income) was 93.22 pence.
The NAV total return in October 2019 was 0.67% (September 2019: -1.23%).
The Company is pleased to announce the fourth monthly dividend for the year ending 30 June 2020:
0.583 pence per Ordinary Share
05 December 2019
06 December 2019
27 December 2019
The Company has elected to designate all of the dividends for the period ended 31 October 2019 as interest distributions to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.
The Company announces that it has today published its monthly fact sheet to the end of October 2019. Please follow the link below to access the fact sheet, which is also available to download from the Company's website.
For further information please contact:
SQN Asset Management Limited
Neil Roberts/Jeremiah Silkowski/Dawn Kendall
tel: +44 1932 575 888
William Marle / Giles Rolls
tel: +44 20 7220 0500
Kepler Partners LLP
Hugh van Cutsem
tel: +44 20 3384 8790
Charles Ryland/Henry Wilson
tel: +44 20 7466 5000
Notes to Editor
The Company aims to provide shareholders with attractive risk-adjusted returns, principally in the form of regular, sustainable dividends, through investment predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration.
The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Asset Management Limited. The principals responsible for managing the portfolio are Jeremiah Silkowski, Dawn Kendall and Neil Roberts.
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