Baronsmead Second Venture ( (GB:BMD) ) has issued an update.
Baronsmead Second Venture Trust plc announced a 6.3% increase in Net Asset Value (NAV) per share for the fiscal year ending 30 September 2024, alongside a tax-free dividend yield of 7.2%. Despite mixed economic conditions and challenges in the unquoted portfolio, the company maintains a robust investment strategy, with significant gains in AIM-listed investments and continued support for promising portfolio companies, signifying a positive outlook for shareholders.
More about Baronsmead Second Venture
Baronsmead Second Venture Trust plc operates within the investment sector, focusing on a diversified portfolio of UK growth businesses. The company primarily invests in unquoted and AIM-traded companies across various sectors, emphasizing those with long-term growth potential. Its investment strategy includes private equity disciplines and co-investment with other trusts to enhance value and drive profitable growth.
YTD Price Performance: 5.45%
Average Trading Volume: 133,771
Technical Sentiment Consensus Rating: Buy
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