NAV and Portfolio Information

Net Asset Value

The Corporation publishes its Net Asset Value (‘NAV’) each Tuesday and immediately after each month end.

  • The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") with borrowings at par and including fair value of IPS businesses on 19 October 2018 was 643.23 pence per share (ex income) and 653.05 pence per share (cum income). With the Corporation’s long term debt stated at fair value, the NAV was 625.54 pence per share (ex income) and 635.35 pence per share (cum income).  The mid-market price at the close of business on 19 October 2018 was 590.00 pence per share. 
  • In accordance with listing rule 15.6.8, The Law Debenture Corporation p.l.c. announces that it has no investments in other UK listed investment companies that require to be disclosed. Its top ten holdings, including all holdings with a value greater than 5% of the Corporation's gross assets as at 30 September 2018 are set out below:

Geographical Split and Top Ten Holdings

Immediately following the end of each month, we also publish information about the geographical split and top ten holdings of the portfolio.

The current data is as follows:

Geographical Split at 30 September 2018

Region % of Portfolio
UK 64
Europe 8
North America 9
Japan 1
Other Pacific 4
Other 1
Cash and Fixed Interest 13
Total 100

Top 10 Holdings at 30 September 2018

Rank Name of Holding % of Portfolio (excl. cash)
1 Royal Dutch Shell 4.51
2 BP 2.53
3 Senior 2.41
4 GlaxoSmithKline 2.37
5 HSBC 2.37
6 Stewart Investors Pacific 2.28
7 Rolls Royce 2.19
8 Rio Tinto 1.95
9 Smith (DS) 1.81
10 Microsoft (USA) 1.76
Back to top