SEQUOIA ECONOMIC INFRASTRUCTURE INCOME FUND LIMITED - FY 2026 Results

SEQI (Sequoia Economic Infrastructure Income Fund) delivered a resilient set of FY2026 financial results, reinforcing its position as one of the largest listed infrastructure debt funds in the UK with £1.4 billion in net assets. The fund reported an 8.4% NAV total return, a 9.0% dividend yield at year-end, and earnings per share growth to 6.83p, supported by strong interest income, stable asset valuations, and disciplined portfolio management. Dividend cash cover improved to 1.06x, reflecting robust cash generation from a diversified portfolio of 50 infrastructure-backed investments. With a portfolio yield to maturity of 9.6%, low non-performing loans of just 0.3% of NAV, and a focus on senior secured lending, SEQI continues to demonstrate defensive credit quality and attractive risk-adjusted returns. The company’s active share buyback programme has repurchased 288.5 million shares since 2022, enhancing NAV per share and supporting shareholder value. Management highlighted significant growth opportunities driven by long-term infrastructure megatrends including energy transition, digitalisation, healthcare, and urbanisation, while maintaining a conservative investment approach and industry-leading transparency through monthly independent valuations. Looking ahead, SEQI plans to seek shareholder approval for a modest expansion of its investment mandate to access additional developed infrastructure markets, improving diversification and deployment opportunities. Backed by an 11-year track record of meeting dividend targets, strong portfolio resilience, and an agile growth strategy, SEQI remains well positioned to deliver sustainable income, attractive total returns, and long-term value for investors.