Last checked at 
10 Jul 2018 15:51
Capital Gearing Trust Plc - Portfolio UpdateCapital Gearing Trust Plc - Portfolio Update
PR Newswire
London, July 10
CAPITAL GEARING TRUST P.L.C. (the 'Company')
LEI: 213800T2PJTPVF1UGW53
Quarterly Portfolio Update
Capital Gearing Trust P.l.c. announces that, as at 5 July 2018, it held the
following investments in other listed closed-ended investment funds, which do
not have a stated investment policy to invest no more than 15% of their total
assets in other listed closed-ended investment funds:
| Name | Percentage of portfolio |
| Residential Secure Income | 1.50% |
| Pershing Square 5.5% 2022 | 1.39% |
| Utilico Finance Ltd Zero Div Pref 2020 | 0.86% |
| Utilico Finance Ltd Zero Div Pref 2018 | 0.70% |
| Ranger Direct Lending Zero Div Pref 2021 | 0.40% |
| Ecofin Global Utilities and Infrastructure | 0.33% |
| BBGI SICAV SA | 0.27% |
| John Laing Infrastructure Fund | 0.06% |
| Hansa Trust 'A' (Non-Voting) | 0.06% |
| Target Healthcare REIT | 0.05% |
| Total | 5.62% |
Capital Gearing Trust P.l.c. also announces that, as at 5 July 2018, the ten
largest investments were as follows:
| Name | Percentage of portfolio |
| UK Treasury 0.125% 2019 | 8.34% |
| USA Treasury 2.0% Index-Linked 2026 | 3.79% |
| USA Treasury 0.25% Index-Linked 2025 | 3.70% |
| Vonovia | 2.89% |
| North Atlantic Smaller Companies | 2.53% |
| Vanguard FTSE Japan UCITS ETF | 2.35% |
| USA Treasury 2.375% Index-Linked 2025 | 2.19% |
| USA Treasury 3.875% Index-Linked 2029 | 2.18% |
| Investor | 2.01% |
| Deutsche Wohnen | 1.94% |
| Total | 31.92% |
There were no additional investments with a value greater than 5% of the
Company's portfolio.
It should be noted that the above percentages are calculated using 'bid'
prices.
Enquiries:
Steven Cowie, Company Secretary
Email: company.secretary@capitalgearingtrust.com