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Staude Capital Global Value Fund Limited (ASX:GVF)

ALERT: Price-sensitive ASX Announcement for GVF
Current share price for GVF : $1.330 -0.08 (-5.67%)+
Announcement
Release
29 Aug 2025 9:57AM
Price at Release
$1.410
Full Release
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Summary
Staude Capital Global Value Fund Limited reported strong financial performance for the fiscal year 2025, ending with an operating profit before tax of $34.5 million. The company's adjusted pre-tax net tangible assets (NTA) increased by 15.8%, while shareholder total returns reached 19.2%. The GVF's shares closed the year trading at a 0.6% premium to the NTA. The company declared a fully franked final dividend of 3.3 cents per share, contributing to a total of 87 cents per share in dividends since its IPO. The discount capture strategy significantly contributed to the returns, yielding 11.1% gross returns. Looking ahead, the Board anticipates maintaining a similar dividend for FY2026, subject to sufficient profit reserves and prudent business practices.
Key Points
  • GVF reported an operating profit before tax of $34.5 million for FY2025.
  • The adjusted pre-tax NTA increased by 15.8% during FY2025.
  • GVF's shareholder total returns for the period were 19.2%.
  • A fully franked final dividend of 3.3 cents per share was declared for FY2025.
  • GVF's shares were trading at a 0.6% premium to the Company’s pre-tax NTA at the end of the financial year.
  • The discount capture strategy generated a gross return of 11.1% for FY2025.
  • The company has declared total grossed up dividends of 87 cents per share since its IPO in 2014.
  • The Board anticipates maintaining the dividend at 3.3 cents per share fully franked for FY2026.
  • GVF’s discount capture strategy has been a significant driver of returns, enabling a low risk investment portfolio.
  • The final dividend ex-date is 30 September 2025, with the payment date on 12 November 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.