Investment Trusts

CVC Income & Growth Limited GBP

CVCG:LSE

CVC Income & Growth Limited GBP

  • Price (GBX)113.00
  • Today's Change-3.50 / -3.00%
  • Shares traded335.54k
  • 1 Year change13.00%
  • Beta0.5208
Data delayed at least 20 minutes, as of Sep 20 2024 16:40 BST.
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Profile data is unavailable for this security.

About the company

CVC Income & Growth Limited is a Jersey-based closed-ended investment company. The Company invests the net proceeds of its share issues in CVC European Credit Opportunities S.a r.l, (the Investment Vehicle), which is CVC Credit Partners' existing European credit opportunities investment vehicle. The Company’s investment policy is to invest predominantly in debt instruments issued by companies domiciled in, or with material operations in Western Europe across various industries. The Company’s share capital consists of Euro Shares and Sterling Shares, which are denominated in Euro and Sterling respectively. Its Euro Shares and Sterling Shares are listed on the Official List of the United Kingdom Listing Authority and admitted to trading on the Main Market of the London Stock Exchange. The Company also has two Management Shares in issue, which are unlisted. CVC Credit Partners Investment Management Limited acts as the Investment Vehicle Manager of the Company.

  • Revenue in GBP (TTM)43.68m
  • Net income in GBP26.60m
  • Incorporated2013
  • Employees0.00
  • Location
    CVC Income & Growth Limited GBPIfc1, The EsplanadeSAINT HELIER JE1 4BPJerseyJEY
  • Phone+44 1 534815200
  • Websitehttps://ig.cvc.com/
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Profile

Management group(s)CVC Credit Partners
AIC sectorDebt - Loans & Bonds
ISINJE00B9MRHZ51
Launch date25 Jun 2013
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To invest predominantly in debt instruments issued by companies domiciled, or with material operations, in Western Europe across various industries. The Company's investments are focused on the senior secured obligations of such companies but investments are also made across the capital structure of such companies.The Company pursues its investment policy by investing all of its assets, save for a working capital balance, in the Investment Vehicle.

Managed by

Pieter Staelens, Mitchell Glynn

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
B.P. Marsh & Partners plc51.14m42.53m198.55m16.00198.55m16.00
Foresight VCT Plc22.78m16.48m200.47m0.00200.47m0.00
Oryx International Growth Fund Ltd29.00m25.23m203.00m0.00203.00m0.00
Schroder Income Growth Fund PLC-5.88m-9.23m204.80m0.00204.80m0.00
GCP Asset Backed Income Fund Ltd26.31m18.26m206.96m0.00206.96m0.00
Pembroke VCT PLC-2.04m-7.41m207.75m0.00207.75m0.00
INVESCO Asia Trust plc9.84m5.56m208.48m0.00208.48m0.00
Baronsmead Venture Trust PLC8.85m4.69m210.85m0.00210.85m0.00
Schroder UK Mid Cap Fund PLC21.55m18.07m213.02m0.00213.02m0.00
Ecofin Glbl Utlits and Infrstrc Trst PLC-4.33m-10.27m213.03m0.00213.03m0.00
CVC Income & Growth Ltd43.68m26.60m214.14m0.00214.14m0.00
Aquila European Renewables PLC-21.10m-25.05m216.66m--216.66m--
Diverse Income Trust PLC44.72m41.95m220.79m0.00220.79m0.00
TwentyFour Select Monthly Income Fnd Ltd40.25m37.93m223.57m0.00223.57m0.00
Odyssean Investment Trust PLC-4.05m-6.72m225.63m0.00225.63m0.00
Baronsmead Second Venture Trust PLC9.86m4.23m225.82m0.00225.82m0.00
Data as of Sep 20 2024. Currency figures normalised to CVC Income & Growth Limited GBP's reporting currency: UK Pound GBX

Institutional shareholders

28.26%Per cent of shares held by top holders
HolderShares% Held
Investec Wealth & Investment Ltd.as of 31 Dec 202312.45m10.42%
FIL Investment Advisors (UK) Ltd.as of 31 Jul 202410.84m9.07%
Brooks Macdonald Asset Management Ltd.as of 31 Jan 20223.97m3.32%
BlackRock Investment Management (UK) Ltd.as of 31 Aug 20242.43m2.03%
Quilter Investors Ltd.as of 30 Aug 20241.30m1.09%
FIL Investments Internationalas of 31 Jul 20241.11m0.93%
Vanguard Global Advisers LLCas of 31 Aug 2024705.90k0.59%
Waverton Investment Management Ltd.as of 31 May 2024389.16k0.33%
Legal & General Investment Management Ltd.as of 31 Jul 2024347.30k0.29%
State Street Global Advisors Ltd.as of 31 Aug 2024223.27k0.19%
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Data from 30 Jun 2024 - 19 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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