Monthly income

TCA

Yes, I was working on the same basis based on the following information from the foot of the Morningstar page:

http://tools.morningstar.co.uk/t92wz0sj7c/cefreport/default.aspx?id=F0GBR051V5&SecurityToken=F0GBR051V5%5D21%5D0%5DFCGBR$$ALL&ClientFund=0&LanguageId=en-GB&CurrencyId=GBP&UniverseId=FCGBR$$ALL&BaseCurrencyId=GBP

TCA

Doesn't quite answer the question (I don't think) but an upcoming "Event" on my Google Finance page is:

Nov 14, 2013: Interim 2013 Edinburgh Investment Trust PLC Earnings Release

TCA

JohnRo wrote: »

Got back to find the order has gone through, dealt at 572, was never going to be perfect but it's lower than yesterdays attempt and at least its in the bag now whatever happens. Game on.

Game on for me too now. EDIN purchase made this morning. Very close to snagging SOI at my price too but just missed out. One for next week perhaps. PLI moved the wrong way for me today or that would have been bagged too. Might just take the plunge with AAIF next week too seeing as the premium looks a bit more palatable now.

TCA

Half year report for EDIN issued today confirming "The Board declares an unchanged first interim dividend of 5.0 pence per share which will be paid on 29 November 2013 to shareholders on the register on 22 November 2013. Shares will be quoted ex-dividend on 20 November 2013."

TCA

JohnRo wrote: »

But I have to admit I'm uneasy about not having included these:

London & St. Lawrence
Edinburgh
Murray International
Law Debenture
Finsbury

these can all be included at a later date though if I can find the money to make these purchases in the next few years.

The backdrop to all this is that the damned markets are sky high right now but I'm comfortable with equities and that it's the right asset class to be invested in over the next several years. How's that for tempting fate and a huge kick in the teeth...

I took the plunge on Murray International this afternoon. Wasn't going to touch it at the level of premium it was at (8%+) but it's now dropped to below 3% and the price today dipped to a 52 week low, so pressed the gamble button. Just hope I'm not catching a falling knife but will just keep telling myself I'm in it for the income!

Aberdeen Asian Income reached my target price and the premium has narrowed a bit on that too, so filled my boots there as well.

JohnRo

Sounds good, I need to let my dividend pool build up a little now, not prepared to make sub £1K purchases on Charles Stanley. Will post my graphs at the end of the week.

Drp8713

Do people think EDIN's price will drop the day after NW leaves or is it priced in?

I'm thinking of buying in but not sure whether to wait til April

grizzly1911

TCA wrote: »

I took the plunge on Murray International this afternoon. Wasn't going to touch it at the level of premium it was at (8%+) but it's now dropped to below 3% and the price today dipped to a 52 week low, so pressed the gamble button. Just hope I'm not catching a falling knife but will just keep telling myself I'm in it for the income!

Aberdeen Asian Income reached my target price and the premium has narrowed a bit on that too, so filled my boots there as well.

Did you get the PLI you mentioned in an earlier post?

TCA

grizzly1911 wrote: »

Did you get the PLI you mentioned in an earlier post?

Not yet. I set a buy price of 348p and narrowly missed out. It's been on the rise since. Now it's about 3% up on that and the nice discount of 4.5% that was there before has narrowed to nearer 1.5%. I was already wary about buying at a near all-time high price, so it's even less appealing now (and seeing as I bought EDIN), but I won't rule it out. It's interesting to see that it has reacted differently to recent market noise and doesn't look anywhere near as volatile as some other UK G&I trusts, so might yet be a worthwhile addition. It goes ex-dividend tomorrow, so we might see a little fall.

I certainly didn't see me buying Murray International any time soon but have been watching the premium narrow and the share price drop today made my mind up for me. Another in the bag!

grizzly1911

TCA wrote: »

Not yet. I set a buy price of 348p and narrowly missed out. It's been on the rise since. Now it's about 3% up on that and the nice discount of 4.5% that was there before has narrowed to nearer 1.5%. I was already wary about buying at a near all-time high price, so it's even less appealing now (and seeing as I bought EDIN), but I won't rule it out. It's interesting to see that it has reacted differently to recent market noise and doesn't look anywhere near as volatile as some other UK G&I trusts, so might yet be a worthwhile addition. It goes ex-dividend tomorrow, so we might see a little fall.

I certainly didn't see me buying Murray International any time soon but have been watching the premium narrow and the share price drop today made my mind up for me. Another in the bag!

I picked up PLI yesterday, at it's lowest whilst doing some adjustments.Seems a reasonable a punt. It was that or Finsbury.