Edinburgh Inv. Trust Half-year Report.

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https://www.investegate.co.uk/edinburgh ... 00052758H/

Ian.

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Results analysis from Kepler Trust Intelligence.

Edinburgh Investment Trust (EDIN) has released its half year results to the 30/09/2022 during which it delivered a NAV total return (with debt at fair value) of -8.2%, while the FTSE All-Share Index fell by 8.3%. Although EDIN only did marginally better than the benchmark index over the six month period, James de Uphaugh and his team have built on the solid performance since they took over the management of the trust in late March 2020, since when they have generated a cumulative NAV total return of 41.2% while the FTSE All-Share Index has risen by 31.3%.

The yield on the company's shares based on the last four quarterly dividends paid was 4.5% as at 30/09/2022 Since then the board has declared the first interim dividend for 2023 of 6.4p that is due to be paid on 25/11/2022. This is 6.7% higher than the dividend paid at the same stage last year and an ongoing improvement since the 2020 pandemic lows.

Chair of the board Elisabeth Stheeman said: "it is encouraging to see that over three years the company's returns are now ahead of the index…. the company is in a strong position to take advantage of the attractive opportunities that are now arising, as well as to continue with the important business of working with existing holdings that underpin the income and capital value of the portfolio"

https://www.investegate.co.uk/edinburgh ... 03206613H/

Ian.