Maven Income and Growth VCT 5 Lifts Yield as Portfolio Matures and Exits Accelerate

An update from Maven Income and Growth VCT 5 ( (GB:MIG5) ) is now available.

Maven Income and Growth VCT 5 PLC is a UK-listed venture capital trust focused on providing growth capital to small and medium-sized enterprises. Its portfolio spans more than 100 companies across sectors such as SaaS, cyber security, data analytics, regtech, advanced manufacturing and selective AIM-quoted holdings, with an emphasis on high-growth, non-discretionary and business-focused markets.

The trust’s strategy centres on backing earlier-stage but scaling private companies, often providing follow-on funding as they mature and become profitable. It also pursues partial exits in its strongest assets to crystallise returns while retaining equity stakes, supporting both dividend payments and long-term value creation for shareholders.

Maven Income and Growth VCT 5 reported a modest increase in NAV total return for the year to 30 November 2025, supported by £5.5 million of new and follow-on investments and two profitable private company exits. Although NAV per share declined amid a challenging macroeconomic backdrop, the board maintained strong shareholder distributions, paying enhanced interim dividends, proposing a final dividend that lifts the annual yield above its 6% target for a second year, and successfully raising fresh capital through fully subscribed share offers.

The company’s portfolio performance was underpinned by a growing proportion of profitable private companies, active follow-on funding and continued M&A interest, including a lucrative post-year-end partial realisation of AI-enabled contract software firm Summize at 3.8x cost while retaining an equity stake. Management signalled a cautious stance on new AIM investments given weak market conditions, and welcomed regulatory changes that expand VCT investment limits even as reduced future tax relief threatens to temper investor incentives, highlighting an evolving environment for both the trust and its shareholders.

The most recent analyst rating on (GB:MIG5) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Maven Income and Growth VCT 5 stock, see the GB:MIG5 Stock Forecast page.

Spark’s Take on MIG5 Stock

According to Spark, TipRanks’ AI Analyst, MIG5 is a Neutral.

The score is anchored by balance-sheet strength (no debt) and a 2024 earnings rebound, but held back by consistently negative operating/free cash flow and volatile profitability. Technicals are neutral, valuation is supported by a very high dividend yield, and recent corporate actions/dividend updates modestly improve the outlook.

To see Spark’s full report on MIG5 stock, click here.

More about Maven Income and Growth VCT 5

Maven Income and Growth VCT 5 PLC is a UK-listed venture capital trust focused on providing growth capital to small and medium-sized enterprises. Its portfolio spans more than 100 companies across sectors such as SaaS, cyber security, data analytics, regtech, advanced manufacturing and selective AIM-quoted holdings, with an emphasis on high-growth, non-discretionary and business-focused markets.

The trust’s strategy centres on backing earlier-stage but scaling private companies, often providing follow-on funding as they mature and become profitable. It also pursues partial exits in its strongest assets to crystallise returns while retaining equity stakes, supporting both dividend payments and long-term value creation for shareholders.

Maven Income and Growth VCT 5 reported a modest increase in NAV total return for the year to 30 November 2025, supported by £5.5 million of new and follow-on investments and two profitable private company exits. Although NAV per share declined amid a challenging macroeconomic backdrop, the board maintained strong shareholder distributions, paying enhanced interim dividends, proposing a final dividend that lifts the annual yield above its 6% target for a second year, and successfully raising fresh capital through fully subscribed share offers.

The company’s portfolio performance was underpinned by a growing proportion of profitable private companies, active follow-on funding and continued M&A interest, including a lucrative post-year-end partial realisation of AI-enabled contract software firm Summize at 3.8x cost while retaining an equity stake. Management signalled a cautious stance on new AIM investments given weak market conditions, and welcomed regulatory changes that expand VCT investment limits even as reduced future tax relief threatens to temper investor incentives, highlighting an evolving environment for both the trust and its shareholders.

Average Trading Volume: 86,561

Technical Sentiment Signal: Strong Buy

Find detailed analytics on MIG5 stock on TipRanks’ Stock Analysis page.