Funds News 

European Assets' dividend falls 22% due to NAV decline

European Assets' dividend falls 22% due to NAV decline

European Assets Trust (EAT) has announced a 22.3 per cent fall in its dividend following a tough year for its investment performance. The trust, which is managed by BMO Global Asset Management’s Sam Cosh, pays out 6 per cent of its year end net asset value (NAV) as a dividend every year so when this falls the trust's dividend is also affected. The dividend is funded by the payouts the trust receives from its underlying holdings but also from capital. 

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