Latest Distribution Reinvestment Plan News

Intelligent Investor Australian Equity Income Fund (ASX:INIF) more than quadrupled its annual profit to $8.701 million, lifting distributions to 32.62 cents per unit. But $14.443 million of redemptions exceeded new applications, while the proposed sale of the Intelligent Investor business to Teaminvest Private Group remains conditional.

Intelligent Investor Ethical Share Fund (ASX: INES) swung from a $9.394 million profit to a $6.448 million loss in the year to 30 June 2026, as unrealised investment losses overwhelmed income. Net assets fell to $58.670 million while distributions rose sharply to 26.49 cents per unit, and a proposed change in ownership of its investment manager remains unresolved.

Intelligent Investor Select Value Share Fund (ASX: IISV) swung from a $10.85 million profit to a $2.99 million loss in the year to 30 June 2026, driven by a sharp reversal in unrealised investment gains. The fund paid or accrued a larger distribution while its net assets declined, as the proposed sale of the Intelligent Investor business remained incomplete.

Intelligent Investor Equity Growth Fund returned to a $4.769 million operating profit in the year to 30 June 2026, after recording a $242,000 loss a year earlier. The improvement came with sharply higher distributions, but substantial redemptions reduced net assets and the fund faces an unresolved change of investment-manager ownership.

Muzinich BDC Income Fund - Active ETF will pay a $0.17 per-unit September distribution and is targeting the same monthly payout through August 2027. The proposed run-rate implies an indicative annualised yield of 10.45%, although the payments remain targets and may vary.

Lowell Resources Fund has secured $3.207 million through its Security Purchase Plan, taking total new units issued across its August capital raising to about 7.5 million. The announcement also contains a material mismatch between the stated placement proceeds and the reported combined fundraising total.

La Trobe Private Credit Fund has confirmed a monthly cash distribution of 1.27 cents per unit, with payment due on 14 September. Unitholders can instead reinvest through a full DRP at an ex-distribution NTA price of $1.96 per unit.

JPMorgan Asset Management has announced estimated September 2026 cash distributions for six of its equity premium income ETFs, with payments scheduled for mid-October.

Pengana Global Private Credit Trust (ASX: PCX) reported a solid FY26 with an 8.8% cash distribution yield and stable credit quality despite fair value pressures from widening credit spreads.

Kapstream Investment Trust (ASX:KIT) reported a $3.031 million profit and a 1.48% net return for its inaugural period ending June 2026, underperforming its benchmark but completing a 5% unit buy-back post-period.

Pengana Private Equity Trust (ASX: PE1) posted a 23.2% net return for FY2026, powered by a dramatic revaluation of SpaceX and strong gains across a diversified private equity portfolio.

Carindale Property Trust (ASX: CDP) reported a robust 50.7% jump in net profit for FY26, boosted by a $25.6 million property revaluation gain, alongside an 8.8% rise in funds from operations and a 5% lift in distributions.