MA1 ma credit income trust

Ann: Month end update - December 2018, page-4

  1. 505 Posts.
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    is anyone else concerned with their 1% cash weighting?

    last year they made several announcement of their 'innovative' equal access buy back thing and repeatedly said they would do it on a regular basis (from memory it was meant to be 6 monthly?) and it would be one of the tools for them to close the discount.

    i am quite happy for them to take their shares off me even at 5% discount as they did last time... question remains, but how will they fund it if they would barely have enough cash to cover ongoing expenses?
 
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