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Staude Capital Global Value Fund Limited (ASX:GVF)

ALERT: Price-sensitive ASX Announcement for GVF
Current share price for GVF : $1.400 0.035 (2.56%)+
Announcement
Release
27 Feb 2026 10:39AM
Price at Release
$1.365
Full Release
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Summary
Staude Capital Global Value Fund Limited (ASX: GVF) announced a solid financial performance for the half-year ending 31 December 2025, with an operating profit before tax of $11.5 million and after tax of $8.7 million. The company's investment portfolio increased by 4.4%, and a fully franked interim dividend of 3.3 cents per share has been declared. The company's discount capture strategy notably contributed 3% to the returns. Since its IPO in 2014, GVF has declared total grossed-up dividends equivalent to the original share price, exemplifying a strong return for shareholders. GVF's approach focuses on purchasing global securities at a discount to their intrinsic value, aiming to provide market outperformance. The company has also introduced a dividend reinvestment plan designed to benefit participating shareholders. For the fiscal year 2026, the board anticipates that the full-year dividend will be consistent with the interim dividend, conditional on profit reserves.
Key Points
  • Operating profit before tax of $11.5M.
  • Adjusted pre-tax NTA increased by 4.4%.
  • Discount capture strategy added 3% to returns.
  • Fully franked dividend of 3.3 cents per share declared.
  • Total grossed-up dividends since IPO match original share price.
  • Dividend reinvestment plan provides lowest reinvestment price.
  • FY2026 full year dividend expected to match interim dividend.
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.