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Dominion Income Trust 1 ( (AU:DN1) ) has provided an announcement.
Dominion Income Trust 1 has announced its investment strategy and performance metrics, emphasizing a targeted monthly distribution of 3.50% per annum above the 1-month BBSW rate. The trust’s note has a maturity date of six years, with an optional redemption date in five years. If not called, the margin increases by 1% per annum until maturity. The trust’s performance since inception shows a total return of 4.48%, indicating a stable income source for investors. The trust’s structure includes an embedded equity threshold for loss absorption, enhancing security for stakeholders.
More about Dominion Income Trust 1
Dominion Income Trust 1 operates within the financial industry, focusing on providing monthly income to its investors through a portfolio note. The note primarily invests in debt securities, loans, trusts, notes, and bank facilities, with a strategy to leverage various investment funds managed by Realm. The trust aims to offer a high level of certainty in meeting targeted returns, with a focus on portfolio diversification and low correlation to public equities.
Average Trading Volume: 5,747
Technical Sentiment Signal: Strong Sell
For an in-depth examination of DN1 stock, go to TipRanks’ Overview page.