NBP Income Fund of Fund Reports No Distributions for Year 2023

The NBP Income Fund of Fund, a listed Open-End Mutual Fund on the Pakistan Stock Exchange, has maintained a steady trading performance without distributing any dividends to investors for the year 2023. The fund, which includes various cash and income plans, has recorded consistent trading volumes despite the lack of distributions. The NBP Income Plan - I recorded an offer price of 10.53 and a redemption price of 10.18, while the NBP Cash Plan - II showed an offer price of 10.35 and a redemption price of 10. The fund's year-end is in June, and it has not declared any distributions for the previous years, indicating a trend of non-distribution.

Key Takeaways:

• The NBP Income Fund of Fund reported no distributions for the year 2023, with all plans recording a year ending in June.
• The fund has maintained steady trading performance, with consistent volumes of shares traded despite the lack of distributions.
• The NBP Income Plan - I recorded an offer price of 10.53 and a redemption price of 10.18.
• The NBP Cash Plan - II showed an offer price of 10.35 and a redemption price of 10.
• The fund has not declared any distributions for the previous years, indicating a trend of non-distribution.
• The NBP Income Fund of Fund was previously closed for book closure in June 2023.
• The fund has been listed since its year of inception and continues to operate without offering any distributions.

Statistics:

• The NBP Income Fund of Fund reported an offer price of 11.54 and a redemption price of 11.15 for the NBP Cash Plan - I.
• The fund recorded an offer price of 10.35 and a redemption price of 10 for the NBP Cash Plan - II.
• The NBP Income Plan - I recorded an offer price of 10.53 and a redemption price of 10.18.
• The fund has maintained consistent trading volumes, with no change in the number of shares traded.

Sources:

• Pakistan Stock Exchange (PSX)
• Report from the NBP Income Fund of Fund