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Net Asset Value and Dividend

Released 07:00 22-Nov-2019

RNS Number : 2751U
SQN Asset Finance Income Fund Ltd
22 November 2019

22 November 2019


SQN Asset Finance Income Fund Limited

Monthly Net Asset Value and Dividend


Net Asset Value and Performance

SQN Asset Finance Income Fund Limited (the "Company"), the leading diversified equipment leasing fund listed in the UK, is pleased to provide its monthly net asset value ("NAV") update.


As at 31 October 2019, the unaudited estimated NAV per Ordinary Share1 was 93.92 pence.


As at 31 October 2019, the unaudited estimated NAV per C Share1 was 97.98 pence.


The Company also announces the cumulative NAV total return2 performance as at 31 October 2019, as follows:


Share class

Month-to-month return

1 year return

3 year return

Return since inception

Ordinary shares





C shares







The Company is pleased to announce a dividend of 0.6042 pence per Ordinary Share and per C Share for the month ended 31 October 2019, reflecting an annualised dividend of 7.25 pence for each share class. The dividend will be payable on 27 December 2019 to holders of each share class on the register on 6 December 2019. The ex-dividend date is 5 December 2019.


1NAV Footnote

The Ordinary Share and C Share NAVs are quoted before deducting the 0.6042 pence per share dividends, announced on 28 October 2019 that went ex-dividend on 7 November 2019 and will be paid on 29 November 2019.


2Performance Footnote

The NAV total return details the change in NAV from the start of the relevant period and assumes that dividends paid to shareholders are reinvested at NAV.



The Company's factsheet for October 2019 will shortly be available on the website:


For further information please contact:


SQN Capital Management, LLC

Jeremiah Silkowski

Neil Robert

01932 575 888

Winterflood Securities Limited

020 3100 0000

Neil Langford

Chris Mills


Charles Ryland

Victoria Hayns

Henry Wilson


020 7466 5000   

Notes to Editor

The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK, Northern Europe and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.


The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Capital Management (UK) Limited. The principals responsible for managing the portfolio are Neil Roberts and Jeremiah Silkowski.

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Net Asset Value and Dividend - RNS