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Dominion Income Trust 1 ( (AU:DN1) ) just unveiled an update.
Dominion Income Trust 1 has announced its strategy to provide monthly income by targeting distributions approximately 3.50% per annum above the 1-month BBSW rate, net of fees. The trust’s note, with a maturity date of six years, is expected to be called in five years, offering a structured investment with a high level of certainty in meeting targeted returns. The trust’s performance since inception shows a total return of 5.09%, reflecting its effective investment strategy and portfolio diversification, which is designed to have low correlation with public equities and more alignment with credit markets. This announcement underscores Dominion’s commitment to delivering stable income and protecting investor interests through embedded equity thresholds and margin step-ups.
More about Dominion Income Trust 1
Dominion Income Trust 1 operates in the financial services industry, focusing on providing monthly income to its unitholders through investments in a diversified portfolio of debt securities, loans, trusts, notes, and bank facilities. The trust is managed by Dominion Investment Management Pty Ltd and aims to achieve returns by investing in various funds managed by Realm, while also maintaining the flexibility to hold securities directly.
Average Trading Volume: 5,830
Technical Sentiment Signal: Hold
Learn more about DN1 stock on TipRanks’ Stock Analysis page.