Mercantile Investment Trust Shares News & Articles

How refinancing debt could unlock more dividends and value for investment trusts

Recent activity at Brunner Investment Trust (BUT) helps shine a light on the expensive debt carried by some investment trusts and how refinancing these borrowings could be a catalyst for trusts to trade on higher valuations and pay out more in dividends to their shareholders. Unlike traditional funds, investment trusts can borrow money to invest. This is known as gearing and in a rising market ...
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