Net Asset Value(s)

RNS Number : 0718W

RM Infrastructure Income PLC

16 August 2022

 

RM Infrastructure Income Plc

("RMII" or the "Company")

LEI: 213800RBRIYICC2QC958

Net Asset Value

NAV The NAV % Total Return for the month was +0.60%, which takes the NAV % Total Return to +3.09% over the past six months, and +5.50% over the past 12 months. The NAV as of 31st July 2022 was 94.24 pence per Ordinary Share, which was 0.56 pence higher than at 30th June 2022. This overall gain comprised interest income net of expenses of +0.53 pence per Ordinary Share and an increase in portfolio valuations of 0.03 pence per Ordinary Share (which included all credit and currency movements). Summary for July 2022 (pence per share) Net interest income +0.53p Change in portfolio valuations +0.03p Net NAV Movement +0.56p Portfolio Activity   At 31st July 2022, the Company's invested portfolio had an aggregate valuation of £132 million across 35 investments. The average yield was 8.72%, with a weighted average loan life remaining of 1.83 years. Overall, the portfolio is 94% invested in private market assets and 6% in public bonds. The Investment Manager's focus on creating a portfolio of high yielding and short duration loans that do not hold significant exposure to interest rate movements, ensures the portfolio remains well positioned against any further interest rate increases by global central banks. The month of July 2022 was relatively quiet in terms of new investments with four expected drawdowns under two existing facilities: ·   Ref 88, Social Infrastructure - Care Home: c.£600,000 drawdown under a senior secured committed facility within the aged care sub-sector. ·   Ref 96, Environmental Infrastructure - Energy Efficiency: £400,000 drawdown under a senior secured committed facility to a company manufacturing and distributing energy efficiency products in the UK.

The Company also announces that the Monthly Report for the period to 31 July 2022 is now available to be viewed on the Company website:

https://rm-funds.co.uk/rm-infrastructure-income/rm-funds-investor-monthly-fact-sheets-2/

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For further information, please contact:

RM Capital Markets Limited - Investment Manager

James Robson

Pietro Nicholls Thomas Le Grix De La Salle

Tel: [phone]

International Fund Management - AIFM

Chris Hickling

Shaun Robert

Tel: [phone]

Tulchan Group - Financial PR

Elizabeth Snow

Oliver Norgate

Tel: [phone]

Sanne Fund Services (UK) Limited - Administrator and Company Secretary

Brian Smith

Ciara McKillop

Tel: [phone]

Singer Capital Markers Advisory LLP - Financial Adviser and Broker

James Maxwell

Asha Chotai

Tel: [phone]

Peel Hunt LLP - Financial Adviser and Broker

Luke Simpson

Liz Yong

Tel: [phone]

About RM Infrastructure Income

RM Infrastructure Income Plc ("RMII" or the "Company") is a closed-ended investment trust established to invest in a portfolio of secured debt instruments.

The Company aims to generate attractive and regular dividends through loans sourced or originated by the Investment Manager with a degree of inflation protection through index-linked returns where appropriate. Loans in which the Company invests are predominantly secured against assets such as real estate or plant and machinery and/or income streams such as account receivables.

For more information, please see

https://rm-funds.co.uk/rm-infrastructure-income/

 

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