Secured Income Fund (SSIF) Share Price, News & Analysis

Company Overview

SQN Secured Income Fund plc, formerly The SME Loan Fund PLC, is an investment company. The investment objective of the Company is to provide shareholders with attractive risk adjusted returns through investment, predominantly in a range of secured loans and other secured loan-based instruments originated through a variety of channels and diversified by way of asset class, geography and duration. It invests in a range of secured loan assets mainly through wholesale secured lending opportunities, secured trade and receivable finance and other collateralized lending opportunities. Loan assets include both direct loans as well as other instruments with loan-based investment characteristics, such as bonds, loan participations, syndicated loans, structured notes and collateralized obligations, and also include other types of investment, including equity or revenue- or profit linked instruments. Its investment manager is SQN Capital Management, LLC.

Key Stats

• Today's Range: 4.60 to 6.15
• 50-Day Range: 6 to 6
• 52-Week Range: 3.50 to 16.50
• Volume: 243,091 shs
• Average Volume: 107,341 shs
• Market Capitalization: £3.16 million
• P/E Ratio: 200.00
• Dividend Yield: 16.67%
• Price Target: N/A
• Consensus Rating: N/A

SSIF Stock Analysis - Frequently Asked Questions

How have SSIF shares performed this year?

Secured Income Fund's stock was trading at GBX 6 at the beginning of 2024. Since then, SSIF shares have increased by 0.0% and is now trading at GBX 6.
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How do I buy shares of Secured Income Fund?

Shares of SSIF stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of Secured Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Secured Income Fund investors own include Persimmon (PSMMY), Ventus 2 VCT (VEN2), Cornerstone Strategic Value Fund (CLM), Cherry Hill Mortgage Investment (CHMI), Conifex Timber (CFF), CareCloud (CCLD) and Xtrackers California Municipal Bond ETF (CA).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: LON:SSIF
• Previous Symbol: LON:SMEF
• CUSIP: N/A
• CIK: N/A
• Web: thesmeloanfund.com
• Phone: +44-20-73294422
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.03
• Trailing P/E Ratio: 200.00
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £1.60 million
• Net Margins: 128.14%
• Pretax Margin: N/A
• Return on Equity: 14.00%
• Return on Assets: 13.44%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 46.27
• Quick Ratio: 17.08

Sales & Book Value

• Annual Sales: £1.25 million
• Price / Sales: 2.53
• Cash Flow: GBX 3.18 per share
• Price / Cash Flow: 1.89
• Book Value: GBX 18 per share
• Price / Book: 0.33

Miscellaneous

• Outstanding Shares: 52,660,000
• Free Float: N/A
• Market Cap: £3.16 million
• Optionable: Not Optionable
• Beta: 0.23