The month of May, with an increase of 0.71 points, took us to a NAV of 101.54.
The impact on the underlying portfolio yield is now clear and we follow up April with another strong result. We maintain our forecast of an annual result of just over 7 %.
We have not been particularly transaction-intensive in May either, but have maintained the exposure we had at the beginning of the month, both to individual issuers, sectors and geography. We are fully invested but have a good pipeline of interesting bonds that we want to invest in with the capital from the next issue.
The next issue is on June 30th and you can subscribe as usual through Avanza, among other things. See the website for more information about that.