Overview
Middlefield Canadian Income’s objective is to provide shareholders with a high level of dividends as well as capital growth over the longer term through investment in a broadly diversified portfolio of Canadian equity income securities. Non-Canadian exposure is permitted up to a maximum of 20% of the portfolio.
Fundamentals
Price
Research History
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11 Feb 2021 7 min read
QuotedData’s Round the World Webinar series – Americas day playback
On 10th February 2021, QuotedData hosted the second of four Round the World webinars. This webinar was focused on the Americas and included presentations and Q&As from 4 investment companies’ managers, covering markets across North and South America. We would like to thank all of our speakers and attendees for joining us. Click on the links […]
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05 Feb 2021 1 min read
Interview with Dean Orrico from Middlefield Canadian Income
In this week’s show, James Carthew talked to Dean Orrico from Middlefield Canadian Income. Watch it again here. If you were looking for QuotedData’s roundup of the week’s news, this is now in the news section – just click here If there is a guest speaker you’d particularly like to hear from, please email us – research@quoteddata.com. […]
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23 Oct 2020 2 min read
Interview with Dean Orrico of Middlefield Canadian Income
In this week’s show, James Carthew talked to Dean Orrico, manager of Middlefield Canadian Income Trust Watch it again here If you were looking for James Carthew’s roundup of the week’s news, this is now in the news section – just click here If there is a guest speaker you’d particularly like to hear from, please email us […]
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09 Oct 2020 10 min read
QuotedData’s Economic Roundup – October 2020
Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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9 min read
QuotedData’s Investment Companies Roundup – October 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research Performance data Discounts and premiums Money in and out Major news stories Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over September: Standard Life Investments Property Income Trust – […]
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06 Aug 2020 2 min read
Covid – 19 Impact on Markets webinar playback
On the 20th July QuotedData hosted a webinar entitled “Covid-19 – Impact on Markets”. The webinar provided both professional and private investors access to 3 investment company managers covering either specific geographic regions or investment sectors. The managers discussed their funds and shared their views on the potential changes for their investment area following the pandemic […]
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12 Nov 2019 7 min read
QuotedData’s investment companies roundup – November 2019
Investment Companies Roundup Kindly sponsored by Baillie Gifford New research Over October, we published notes on Pacific Horizon, Seneca Global Income & Growth, Premier Global Infrastructure, Polar Capital Global Financials, Ecofin Global Utilities and Infrastructure, Aberdeen Standard European Logistics Income and Herald. Additionally, as part of our enhanced coverage of the property sector, we launched […]
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22 Feb 2019 2 min read
QuotedData’s investment companies roundup – February 2019
QuotedData’s investment companies roundup – February 2019 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of January 2019. Kindly sponsored by Baillie Gifford. December’s sharp sell-off in technology and growth stocks reversed somewhat in January. This was […]
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16 Oct 2018 2 min read
Quarterly Investment Companies Roundup – Third Quarter 2018
Quarterly Investment Companies Roundup – Third Quarter 2018 Global equities delivered positive returns over the third quarter of 2018. This was principally because of strength in the US market. Political uncertainty and concerns about global trade held back other regions. Generally, government bond yields rose over the quarter. The UK equity market fell as the Bank of […]
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11 May 2018 2 min read
QuotedData’s Economic round up – May 2018
QuotedData’s economic round up – May 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
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18 Apr 2018 2 min read
QuotedData’s Economic round up – April 2018
QuotedData’s economic round up – April 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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18 Jan 2018 2 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
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16 May 2017 2 min read
QuotedData investment companies roundup – May 2017
QuotedData investment companies roundup: Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of April 2017. Kindly sponsored by Baillie Gifford. Money in: The only new launch in April was EJF Investments, a £69m fund trying to take advantage of […]
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27 Apr 2015 1 min read
The importance of income – where to find it?
Life used to be simpler. If you had a bit of spare cash or you wanted to save up for something you’d just stick some money in a bank or building society account. If you had a nest egg and wanted to invest it in something safe and live off the income, you’d maybe buy […]
News
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06 Jan 2021 1 min read
QuotedData’s morning briefing 6 January 2021
In QuotedData’s morning briefing 6 January 2021 – Middlefield Canadian Income (MCT) noted that one of its recently acquired holdings, Brookfield Property Partners, is to be taken private in a US$5.9bn deal for the remaining 40% stake not owned by Brookfield Asset Management and a group of investors Hg Capital Trust (HGT) is to invest around £15.7m in […]
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23 Oct 2020 3 min read
QD view – US election, why worry?
Election day is edging closer in the US and the rhetoric is ramping up. We managed to catch up with Dean Orrico, the manager of Middlefield Canadian Income Fund (the subject of last week’s article) in the weekly interview and he reiterated his observation that Biden is likely to win the Presidential election. The more […]
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16 Oct 2020 4 min read
QD view – Canada’s answer to UK dividend drought
Canada’s answer to UK dividend drought – Middlefield Canadian Income Investment Trust (MCT) gave an update on its portfolio performance and wider market conditions on 14 October 2020. The US presidential election and Covid-19 were dominant themes. MCT’s views – expressed on the video call by Dean Orrico, lead manager and president of Middlefield International Limited […]
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17 Apr 2020 4 min read
Middlefield Canadian Income benefits from increased US exposure
Middlefield Canadian Income (MCT) has announced its results for the year ended 31 December 2019. During the year, MCT provided an NAV total return of 27.3%, outperforming both its Benchmark and the S&P/TSX Composite Index, which returned 26.9% and 23.9%, respectively. Since inception in 2006, the Fund has generated a cumulative return of 155.6% which […]
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2 min read
QuotedData’s morning briefing 17 April 2020
Tetragon Financial’s investor day on Wednesday 29 April 2020 has been cancelled in light of the current restrictions. However, it will host a conference call for investors on 30 April 2020 at 15:30 GMT / 10:30 EST to discuss its Q1 Factsheet and to provide a company update. Details will be circulated shortly and posted […]
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20 Sep 2019 1 min read
QuotedData’s other news 20 September 2019
In QuotedData’s other news 20 September 2019 – Tufton Oceanic Assets today announced that it has raised gross proceeds of $31m through a placing. The company invests in a portfolio of secondhand commercial sea-going vessels. Further to announcements made earlier this month with regard to a proposed placing, Merian Chrysalis says that indicative orders significantly in excess of […]
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2 min read
Middlefield Canadian Income positioned to benefit from potential Canadian tailwinds
Middlefield Canadian Income positioned to benefit from potential Canadian tailwinds – In yesterday’s news coverage, we looked at the looming sale of one of Middlefield Canadian Income’s (MCT) real estate holdings, to Blackstone for the equivalent of $4.7bn (click here to read the story). MCT has this morning reported interim results to 30 June 2019, including: […]
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19 Sep 2019 3 min read
Middlefield Canadian Income REIT holding in $4.7bn Blackstone deal
Middlefield Canadian Income REIT holding in $4.7bn Blackstone deal – One of Middlefield Canadian Income’s (MCT) core holding’s (about 2.5% of NAV), Dream Global REIT (Dream Global), looks set to be acquired after funds managed by Blackstone Group (Blackstone) agreed a cash deal on 16 September, worth the equivalent of $4.7bn. The deal is subject to shareholder approval. […]
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1 min read
QuotedData’s other news 19 September 2019
In QuotedData’s other news 19 September 2019 Real Estate Credit Investments is placing new stock at 167p – a discount of 0.6% to the closing share price on 18 September 2019 and a premium of 1.8% to the NAV as at 31 August 2019. plus results from Bluefield Solar and UK Commercial Property REIT, deals by Standard Life […]
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29 Apr 2019 2 min read
QuotedData’s other news 29 April 2019
RDL Realisation’s (RDL) board has requested that its ordinary shares and zero dividend preference shares be temporarily suspended from trading on the London stock exchange with immediate effect as the company is not in a position to publish its audited annual report by the end of tomorrow (30 April 2019), This delay is among other things due to […]
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2 min read
Middlefield Canadian Income sees room for optimism
Middlefield Canadian Income sees room for optimism – Middlefield Canadian Income (MCT) outperformed its benchmark by 0.4% in the financial year to December 31, 2018. The fund, which also invests in the US to take advantage of certain opportunities that may not be readily available in Canada, focuses on high-yielding sectors such as real estate […]
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26 Feb 2018 1 min read
Investment Trust Insider on US trusts
James Carthew: where is a US growth trust when you want it? One of the strangest things about investment companies is how under-represented the US stock market is within the sector. Dedicated listed North American funds accounted for just 1.6% of the money in investment trusts and investment companies at the end of last year, […]
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19 Aug 2016 4 min read
Middlefield Canadian Income rebuilds Canadian exposure
For the six months ended June 30, 2016, Middlefield Canadian Income generated a total return of 20.8%. Dividends of 1.25 pence per share were paid on a quarterly basis during the period in the months of January and April. For the six months ended 30 June 2016, the S&P/TSX Composite Index returned 9.8%, outperforming all […]
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18 Apr 2016 1 min read
Middlefield Canadian’s foray into US pays off
Middlefield Canadian has just published its results for 2015. In 2015, the Fund outperformed the S&P/TSX Composite High Dividend Index by over 12%, with a total return (in GBP) of -11.8% versus the benchmark total return of -24.1% (in GBP) over the same period. Having got permission to increase the fund’s exposure to the US, […]
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14 Aug 2015 1 min read
Middlefield Canadian interims ahead of benchmark but hit by currency
Middlefield Canadian has reported interim results for the first six months of 2015. The return was well ahead of its benchmark, recording outperformance of 6.3% in Canadian dollar terms – In Canadian dollars, the Company’s net asset value is up 4.4% for the six month period ending 30 June, well ahead of the S&P/TSX Composite High […]
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22 Apr 2015 1 min read
Middlefield Canadian diversifying its portfolio
Middlefield Canadian’s results for 2014 reflect the effect of falling oil prices and subdued commodity prices on the Canadian economy – showing a share price return of 2.5% and a net asset value based return of 0.2% (2.8% on a currency adjusted basis), compared to returns of 2.4% and 1.2% for the Fund’s benchmark and […]
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12 Jan 2015 1 min read
Middlefield Canadian Income to invest more in US
Middlefield Canadian Income is asking shareholders to approve a change to its investment policy to allow it to invest up to 40% of its portfolio outside Canada (up from 20%). They say most of this extra freedom will be used to invest in the US – there will be a limit of 10% on investments […]
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14 Aug 2014 1 min read
Middlefield Canadian Income powered by energy sector
MCT : Middlefield Canadian Income powered by energy sector Middlefield Canadian Income, managed by Dean Orrico, Richard Faiella and Andy Nasr, reported its interim figures for the period ended 30 June 2014 today. Its net asset value return of 8.8% was well ahead of the return on the S&P/TSX Composite High Dividend Index which returned 0.6%. […]
