April, with an increase of 0.73 points, was the fund's best so far and takes us to a NAV of 100.82.
Even though we have referred to the strength of the underlying portfolio's yield in previous monthly letters, it is positive to be able to show the effects of it in a month like this, ie without too much influence on buying / selling. We maintain our forecast of an annual result of just over 7%.
In other words, we have not been so transaction-intensive during April, but on the whole have been satisfied with the exposure we have, both to individual issuers, sectors and in geography. We are fully invested but have a good pipeline with interesting bonds we want to invest in with the capital from the next issue.
The next issue is on April 29 and it is possible to subscribe as usual through Avanza, among others. See the website for more information about it.