StockMarketWire.com - Mobeus Income & Growth VCT - formerly Matrix Income & Growth VCT - posts a 1.42% rise in its net asset value per share on a total return basis in the six months to the end of June.

The company said this slight rise in total return largely reflected a small increase in the value of the investment portfolio.

It said the net revenue return for the period remained at a healthy level of £499,000, albeit reduced by £51,000 from last year.

Income itself rose slightly, despite a fall in dividend income from £353,000 last year to £110,000.

The main reason for the rise in income was that loan stock interest increased markedly, from £480,000 to £714,000, reflecting initial income from the new investments made last year, notably Motorclean, EMAC and EOTH, and the payment by Blaze of some interest arrears.

The fall in dividend income is largely explained by the fact that the dividend of £263,000 received from DiGiCo last year was not repeated this year as this investment has since been partially realised.


At 1:14pm: [LON:MIX] Matrix Income & Growth VCT share price was 0p at 82p



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