Latest Listed Investment Company News

Kingfish’s adjusted NAV rose 1.2% in August, broadly matching the NZX benchmark as Vista, Fisher & Paykel Healthcare and Delegat delivered the strongest portfolio gains. The fund still trades at a 7.5% discount to NAV, while its one-year shareholder return remains negative.

PM Capital Global Opportunities Fund has completed a $172 million share purchase plan, with all valid applications accepted in full. About 56 million new shares will be issued at $3.07 each and qualify for PGF’s upcoming fully franked dividend.

Fat Prophets Global Contrarian Fund will pay an unfranked final dividend of 3 cents per share after what it describes as strong investment performance. Shareholders can reinvest through the fund’s DRP at a 2.5% discount to the relevant ASX trading average.

Regal Partners Global Investments has confirmed a DRP price of A$2.60635 for its 5.0-cent fully franked dividend. The update settles the reinvestment mechanics ahead of the A$0.05 cash payment due on 25 September.

Queste Communications ended August with just $6,000 in standalone cash, although its consolidated balance remained $2.905 million after a $79,000 monthly operating outflow. The company points to a $450,000 Orion loan facility and listed investments as additional liquidity sources.

Orion Equities (ASX:OEQ) returned to profitability in FY26 with a $204,000 net profit, buoyed by a $400,000 uplift in investment property value. Despite a 7% dip in total revenue, net tangible asset backing per share edged up to $0.43, while no dividend was declared.

BKI Investment Company has expanded its risk disclosure, outlining significant market, income, operational, and regulatory risks that could influence its financial outcomes and shareholder dividends.

WAM Alternative Assets nearly doubled its pre-tax profit in FY2026, driven by a 9.1% portfolio gain and a decisive shareholder vote backing its strategy. The company declared a 6.0 cents per share dividend, partially franked at 60%, reflecting portfolio maturation and diversification.

WAM Active Limited delivered a historic 75.5% investment portfolio return in FY2026, driving net profit after tax up 355% to $33.8 million and declaring fully franked dividends totaling 9.4 cents per share.

Bentley Capital Limited swung back to profitability in FY2026, posting a $255,000 net profit driven mainly by legal settlements and modest investment gains, reversing a prior loss of $878,000.

Argo Global Listed Infrastructure (ASX: ALI) reported a robust FY2026 with total assets rising to $529 million and a record fully franked dividend of 10 cents per share. The portfolio outperformed benchmarks, driven by strong gains in electric utilities and midstream energy sectors amid AI-driven data centre demand.

L1 Long Short Fund Limited (ASX:LSF) posted a standout FY26 with a 45.4% net portfolio return, driving a 538% jump in net profit after tax to $635 million and a 22% CAGR in dividends since IPO. The fund also released its inaugural climate-related disclosures, affirming resilience amid evolving risks.