Volta Fin Share Price (VTA)

Positive read across from Fair announcing a 6% rise in NAV this morning

Agricore, that's very kind of you to share so much! I'll work my way through it.
All the best.
Guitarsolo

Guitar, here are some links you may find useful.

1. Hardman analyst speaks about their latest research note:
https://vimeo.com/793299202

2. (Typical) Moneyweek simplistic article about CLOs:
https://moneyweek.com/investments/funds/604506/collateralised-loan-obligations-a-risky-bet-on-inflation

3. More In Depth View of CLOs:
https://www.guggenheiminvestments.com/perspectives/portfolio-strategy/understanding-collateralized-loan-obligations-clo

4. My own understanding of the difference between VPC and VTA (I hold both) is that the former holds specific debts which are asset-backed, and offers unleveraged fixed rates and as a lender to lenders, whereas a CLO also holds bundles of debts which have been "collateralised" and are leveraged. The debt repayments are called dividends and are often floating rate.

5. The horse's mouth. I found listening to Serge Demay the CIO of Volta to be very useful:
https://www.youtube.com/watch?v=v66RI6J0n3A

6. If you conclude that VTA is a bit too fruity for you (compared to VPC), then one of my other holdings TENT may be worth checking out. The yield is 7.5% I think, based on 2022 dividends. It is hydropower, energy efficiency and CHP (combined heat & power) so has quite defensive characteristics underwritten by PPAs (index linked prices). It trades on a 29% discount to NAV and is strangely out of fashion given current affairs.

GLA

Thank you Ragged.
So I contacted Hargreaves Lansdown and took their "test" to see whether I would qualify as a sophisticated investor, which I would! It was laughable really.....what's the point?!
Anyway, I presume I can now buy on that platform even if HSBC Direct don't allow me. So I am continuing my study of VTA(S), starting with Hardman's notes and Volta's monthly statements. Can you recommend any other particularly good sources of info/analysis?
I will likely have funds coming out of VSL, if they vote to proceed with the wind-down, which I would like to invest in part in a debt high-yielder. Shame about VSL in my opinion, a good little trust that someone wants to disrupt for a short term gain because of its NAV discount. Oh well.
Guitarsolo

Ah, probably am, Guitarsolo. Certainly been doing it a long time now and am a customer of at least 25 years' standing. Sorry, I only just saw this, as I don't look very often and don't understand how to get alerted if somebody replies to me!
It shouldn't be that hard, as they won't let me invest in BGLF, which is a similar instrument. If there were a way to message me, I could give you a contact there to approach. By the way, I am in VTA, and there is VTAS. The sterling version may be more accessible.

By the way, by trading I mean doing something every month or so, so not a big deal if you have a few holdings. I'd say my average holding period is at least two years.