Portfolio returned 23.3% versus a 22.9% benchmark, lifting net assets to a
An Asian equity rebound delivered unprecedented capital gains, but the 29p distribution remains only 83.1% covered by investment income.
Published 22 April 2026
Read briefingCompany archive
Read that company's published results in release order, newest first.
Showing 1-9 of 9 published briefings.
An Asian equity rebound delivered unprecedented capital gains, but the 29p distribution remains only 83.1% covered by investment income.
Published 22 April 2026
Read briefingInvestment income fell 3.1% to NZ$50.6m and the 12.7% NAV total return lagged the 14.1% benchmark, leaving the dividend just covered.
Published 22 April 2026
Read briefingPortfolio total return of 2.4% trailed the 3.3% benchmark while NAV per share slipped 4.7% to a below-range 2.16x.
Published 22 April 2026
Read briefingRevenue return rose 39.9% and refilled the £29.9m revenue reserve, but the portfolio still lagged its Asia Pacific high-yield benchmark by 1.1pp.
Published 22 April 2026
Read briefingPortfolio beat its reference index by 3.1pp, but revenue return covered only 56.4% of distributions and net assets fell 10.2% to NZ$368.6m.
Published 22 April 2026
Read briefingInvestment income fell 14.3% and a 13.1pp benchmark shortfall drove net assets down 16.9%, leaving the per-share dividend no longer fully covered
Published 22 April 2026
Read briefingHFL delivered a -4.0% portfolio return in HY23, below its entire historical range, though it still outperformed a benchmark that fell -4.5%.
Published 22 April 2026
Read briefingPortfolio total return of 1.9% trailed the 3.4% benchmark, while revenue return covered the distribution 1.2x.
Published 22 April 2026
Read briefingRecord income and a 3.00x NAV per share lifted the fund to an upper-range $452.6m, yet the 7.2% NAV total return lagged the benchmark's 17.3% and the
Published 22 April 2026
Read briefingGet full NZX result briefings by email as new coverage is published.