North American Income Trust PLC GBP Ord.ShsLSE: NAIT

North American Income Trust PLC GBP Ord.Shs: Net Asset Value(s)

· Issued by North American Income Trust PLC GBP Ord.Shs via RNS

Summary by 6ix AI

The North American Income Trust PLC said its unaudited net asset value (the value of its assets minus its liabilities) per share was 433.0p as at close of business on October 5, 2026. The figure includes current financial year revenue items, excludes shares held in treasury, and is calculated using the AIC (Association of Investment Companies) formula.

Key details

  • With its debt valued at fair value, the net asset value per share on the same basis was 437.9p.
  • The shares are now ex-dividend, meaning new buyers no longer receive the latest dividend, so the dividend has been deducted from the net asset value.
  • Excluding current financial year revenue items and shares held in treasury, the unaudited net asset value per share was 428.9p, or 433.8p with debt valued at fair value.
  • Debt at fair value is the company's estimate of the value of its 2.7% senior unsecured 2030 notes and 2.96% senior unsecured 2035 notes. It uses a discount rate based on the relevant US Treasury redemption yield plus a credit spread taken from ICE BofA Single-A US Corporate bond indexes, updated monthly and applied daily.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/net-asset-values-1826

North American Income Trust (The)
06 October 2026
 

Trust Name

THE NORTH AMERICAN INCOME TRUST PLC

Legal Entity Identifier

5493007GCUW7G2BKY360

NAV Details

As at close of business on 5 October 2026, the unaudited net asset value per share calculated in accordance with the AIC formula (including current financial year revenue items and excluding shares held in treasury) was 433.0p and the net asset value per share with debt marked at fair value was 437.9p. As the Company's shares are now ex-dividend, the dividend has been deducted from the net asset value.

As at close of business on 5 October 2026, the unaudited net asset value per share (excluding current financial year revenue items and shares held in treasury) was 428.9p and the net asset value per share with debt marked at fair value was 433.8p.

Debt marked at fair value is the Company's estimate of the "fair value" of its senior unsecured notes. The current estimated fair value of the Company's senior unsecured notes is based on a discount rate calculated using the redemption yield of the relevant US Treasury plus a credit spread determined by the month-end difference in redemption yields of the ICE BofA 3-5 Year Single-A US Corporate Index for the 2.7% senior unsecured 2030 notes and the ICE BofA 5-10 Year Single-A US Corporate Index for the 2.96% senior unsecured 2035 notes. The discount rate is calculated and updated monthly and applied daily to determine the Company's published fair value NAVs.

For further information,

please call

Janus Henderson Secretarial Services UK Limited

Corporate Secretary

Telephone: 020 7818 1818
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