Taylor Maritime Limited (TMIP) Ord NPV

Sell:62.80pBuy:63.80p0.90p (1.43%)

FTSE All Share:0.15%
Market closed |
Prices delayed by at least 15 minutes
Sell:62.80p
Buy:63.80p
Change:0.90p (1.43%)
Market closed |
Prices delayed by at least 15 minutes
Sell:62.80p
Buy:63.80p
Change:0.90p (1.43%)
Market closed |
Prices delayed by at least 15 minutes

Trust Information

About this company

Taylor Maritime Ltd, formerly Taylor Maritime Investments Limited, is a Guernsey-based shipping company specializing in the geared dry bulk segment of the global shipping sector. The Company, through its subsidiaries, owns a fleet of approximately 30 dry bulk vessels consisting of 20 Handysize vessels and 10 Supra/Ultramax vessels. It also has six vessels in its chartered in fleet. The Handysize and Supra/Ultramax vessels carry a variety of dry bulk cargo, primarily necessity goods such as food and basic building materials.

Objective

To provide investors with an attractive level of regular, stable and growing income and the potential for capital growth through investing in a diversified portfolio of vessels which will primarily be second-hand, usually employed or to be employed on fixed period Charters. The Company will invest in a diversified Portfolio of vessels which will primarily be second-hand and which historically have demonstrated average yields in excess of the Company’s target dividend yield from time to time and are capable of being acquired at valuations that are expected to be below long-term average prices or depreciated replacement cost.

Costs

  • Ongoing charge1.56%
  • Annual management charge -
  • Performance feeYes

Fee structure

The Company will not bear any external fund management fees or performance fees.

Value Assessment

  • Value Assessment review date-
  • Value Assessment next review date-
  • Is Assessment of Value required under COLL?No
  • Outcome of COLL Assessment of Valuen/a
  • Outcome of PRIN Value Assessment or review-
  • Other review related to value and or chargesOther local requirements or procedures
  • Further information-
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Key facts

  • Currency
    GBX
  • Benchmark
    No benchmark
  • Shares in issue
    331.24m
  • Gross gearing
    0.00%
  • EPIC
    TMI
  • ISIN
    GG00BP2NJT37
  • Domicile
    Guernsey
  • Exchange
    London Stock Exchange (LON)
  • Index
    FTSE All Share Index

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.