Building on a great 2019

RNS Number : 2389C

Shires Income PLC

06 February 2020

 

Shires Income - Update research from QuotedData

6^th February 2020

Building on a great 2019

The second half of 2019 was a profitable time for investors in Shires Income (SHRS), as the trust extended its outperformance of both the UK market and the average competing fund. Investors also benefitted from the elimination of the discount as the share price rose to match the NAV. The trust continues to issue shares (a process that began in January 2019 after a long pause), and this should both help widen its audience, improve liquidity in the shares, and reduce its average running costs.

Full research:

https://quoteddata.com/research/shires-income-building-great-2019-2/

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NB: Marten & Co was paid to produce this note on Shires Income Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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