New Ireland:IRL

    Manage Alerts

    Overview

    As of 9/22/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$12.99$15.72-17.37%
    52 Wk Avg$11.25$13.95-19.78%
    52 Wk High$13.55$16.03-10.67%
    52 Wk Low$7.70$10.52-27.93%
    Regular Distribution TypeManaged Distribution
    Distribution Rate9.40%
    Distribution Amount$0.3052
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Funds investment objective is long-term capital appreciation through investment primarily in equity securities of Irish companies. The fund is designed for U.S. and other investors who wish to participate in the Irish securities markets. In order to take advantage of significant changes that have occurred in the Irish economy over the past few years and to advance the Funds investment objective, the Funds investment portfolio will have a bias towards both listed and, to a lesser extent, unlisted high-growth Irish companies, drawn primarily from the technology, telecommunications and healthcare sectors. Under normal circumstances, the Fund will invest at least 80% of its total assets in equity and fixed income securities of Irish companies. To the extent that the balance of the Funds assets is not so invested, it will have the flexibility to invest the remaining assets in non-Irish companies that are listed on a recognized stock exchange. The Fund may invest up to 25% of its assets in equity securities that are not listed on any securities exchange.

    Capital Structure

    As of 9/22/2021

    Total Investment Exposure:$76.292M
    Total Common Assets:$76.292M
    Common Shares Outstanding:4,853,202
    Annual Expense Ratios

    As of 10/31/2020

      Per Common Share
    Management Fees0.65%
    Other Expenses:1.31%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.96%
    Fund Management

    Fund Sponsor
    Kleinwort Benson Investors Dublin Ltd

    Portfolio Managers
    Noel O'Halloran

    Basics
    Category: Equity-Single-Country Equity
    Ticker: IRL
    NAV Ticker: XXIRLXX
    Average Daily Volume (shares): 14,323
    Average Daily Volume (USD): $0.166M
    Inception Date: 3/29/1990
    Inception Share Price: $12.00
    Inception NAV: $11.16
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 9/22/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2021
    -$0.0210
    Annualized Distribution Rate on NAV:
    As of 9/22/2021
    7.77%
    Total Return on NAV (12 months):
    As of 9/22/2021
    42.52%
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2021
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/23/2021

    PeriodAvg Discount
    6 Month-17.08%
    1 Year-19.78%
    3 Year-19.06%
    5 Year-16.10%
    Z-Score

    As of 9/22/2021

    PeriodZStat
    3 Month0.01
    6 Month-0.10
    1 Year0.58
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2021
    Category: Morningstar US CEF Single Country Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD28.20%22.84%21.60%14.99%
    20207.89%10.42%18.70%19.81%
    201923.16%25.90%28.46%27.79%
    2018-27.17%-26.09%-19.28%-18.54%
    201717.81%24.51%30.32%26.73%
    2016-5.67%-8.85%0.42%-0.96%
    201528.44%22.88%7.09%7.39%
    20142.76%3.41%-2.96%-1.24%
    201341.89%44.60%29.15%27.15%
    201231.12%27.88%22.50%20.67%
    20111.47%-1.09%-12.41%1.54%
    2010-2.50%-1.04%10.09%11.10%
    200954.01%46.65%54.91%43.58%
    2008-65.08%-62.62%  
    2007-32.62%-19.26%  
    200682.53%52.70%  
    200513.95%9.63%  
    200441.98%33.69%  
    200363.57%55.07%  
    2002-16.35%-14.05%  
    2001-13.66%-21.50%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2021
    Category: Morningstar US CEF Single Country Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 4/30/2021
    36
    Annual Portfolio Turnover:
    As of 10/31/2020
    21.00%
    Asset Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2021 reported by Fund Sponsor

    Sector%Portfolio
    Cyclical (Super Sector)57.38%
    Consumer Cyclical26.29%
    Sensitive (Super Sector)25.89%
    Industrials23.40%
    Basic Materials19.53%
    Defensive (Super Sector)15.34%
    Financial Services11.56%
    Healthcare6.71%
    Consumer Defensive6.65%
    Energy2.49%
    Top Holdings

    As of 4/30/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    CRH PLC$14.03M19.53%
    Flutter Entertainment PLC$10.48M14.59%
    Kingspan Group PLC$5.37M7.48%
    AIB Group PLC$4.27M5.95%
    Bank of Ireland Group PLC$4.03M5.61%
    Grafton Group PLC Shs$2.71M3.78%
    Smurfit Kappa Group PLC$2.22M3.09%
    Dalata Hotel Group PLC$2.21M3.08%
    Kerry Group PLC Class A$2.07M2.88%
    Uniphar PLC$2.05M2.86%
    Country Allocation

    As of 4/30/2021 reported by Fund Sponsor

    Country% Portfolio
    United Kingdom - Equity38.03%
    Ireland - Equity32.96%
    United States - Equity19.96%
    France - Equity3.42%
    Spain - Equity2.26%
    Italy - Equity1.98%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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