Gryphon Capital Income Trust (AU:GCI) has released an update.
Gryphon Capital Income Trust (GCI), managed by Gryphon Capital Investments Pty Ltd and a subsidiary of Barings, has announced a robust monthly distribution with an annualized yield of 8.65%. Aimed at providing sustainable monthly income through the Australian Securitisation market, GCI has successfully invested the majority of the A$135 million raised from recent offers by the end of March, maintaining its target return. With a portfolio designed to preserve capital and offer high risk-adjusted returns, GCI demonstrates resilience in borrower performance, even under pressure from high inflation and interest rates.
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