Monthly Archives: April 2022

The BlackRock Energy and Resources Inc Trust

The BlackRock Energy and Resources Inc Trust is a London listed investment trust whose objective is to achieve an annual dividend target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors.

The Largest Holdings
1 Vale 7.50% of the trust
2 Glencore 6.90% of the trust
3 Chevron 5.10% of the trust
4 BHP 4.00% of the trust
5 First Quantum Minerals 3.60% of the trust
6 Anglo American 3.40% of the trust
7 ConocoPhillips 3.20% of the trust
8 Canadian Natural Resources 2.70% of the trust
9 TotalEnergies 2.60% of the trust
10 EOG Resources 2.40% of the trust

HSBC April 2022 Dividend.

Tomorrow, HSBC Holdings, the UK Banking giant pays out its April 222 dividend.

$0.18 or 13.8188p a share.

The total number of voting rights in HSBC Holdings plc is 20,201,524,282


20,201,524,282 x £0.138188 = £2,791,608,237.481016

That is £2,791 Million = £2.791608237481016 Billion paid to shareholders.

HM Government Borrowings: March 2022

Another month, guess what, take a lucky guess, it is the same old story, HM Government, spends more money than it receives via taxes and duties.
Now we are in a Covid 19 world. UK’s HM Government needs to fund many new demands. []

Another deficit month, thus to bridge the gap, needs to borrow on the bond market In March 2022, the HM Government had to borrow money to meet the difference between tax revenues and public sector expenditure. The term for this is The PSNCR: The Public Sector Net Cash Requirement. There were only 3 auctions of Gilts (UK Government Bonds) by the UK Debt Management Office to raise cash for HM Treasury:-

15-Mar-2022 0 1/8% Index-linked Treasury Gilt 2031 3 months £1,239.4000 Million
08-Mar-2022 1¼% Treasury Gilt 2051 £1,874.9990 Million
02-Mar-2022 0¼% Treasury Gilt 2025 £3,250.0000 Million

£1,239.4000 Million + £1,874.9990 Million + £3,250.0000 Million = £6,364.399 Million

£6,364.399 Million = £6.364399 Billion

On another way of looking at it, is in the 31 days in March 2022, HM Government borrowed:- £205.3031935483870967741935483871 Million each day for the 31 days.

We are fortunate, while the global banking and financial markets still has the confidence in HM Government to buy the Gilts (Lend money to the UK), the budget deficit keeps rising. What is also alarming, is the dates these bond mature in 2051. All long term borrowings, we are mortgaging our futures, but at least “We Are In It Together……

Personal Assets Trust April dividend

Today, the Personal Assets Trust pays out its April dividend.

140p a share.

the total number of Ordinary shares of £12.50 of the Company in issue is 3,629,989.


3,629,989 x £1.40 = 5,081,984.6

That is £5.081 Million paid to shareholders.

In The Wake Of Your Leave

So as you canyoneered from our world upwards
And the angels took their place
I was the loser at your funeral
No emotion conveyed
It was drawn out in vain
And the idiot I am just figured
In the wake of your leave
That I’d never hear from you again
And then I’d sing
With all this feeling
That your spirit would afford me
My hand
On heart
It’s not a thing that I’ve been dreaming of
And it goes without my blessing
And leaves me in a rut
But it comes and goes
And shows me all I’m missing
And it comes and goes
I was there at the backstage trying
But the words they never came
And I was available for a statement but I just
Hung my head in shame
It felt nothing to me
All the ceremony I’d wasted
And then I’d thank them leave
And say “God bless you all, goodnight”
Then I’d think
The grave was turning
And that nothing could absolve me
My hand
On heart
It’s not a thing that I’ve been dreaming of
And it throws me without warning
And leaves me in the dust
But it comes and goes
And fills me when I’m empty
Then it comes and goes
And I will need it when it’s gone
It quakes
And moves
Then breaks
Then shatters over me
In shapes of all these
Quiet sacred things I need
My hand
On heart
If there’s a line or something in these songs
That are worthy of some mention
You’re free to let me know
But it comes and grows
And leaves me in my weakness
And it comes and goes
My hand
On heart
It’s not a thing that I’ve been dreaming of
And it goes without my blessing
And leaves me in a rut
But it comes and goes
And holds me when I’m sleepless
Then it comes and shows
How I need you when you’re gone

Digital 9 Infrastructure PLC dividend

Yesterday, Digital 9 Infrastructure the investor in digital assets paid out a dividend.

1.5p a share.

Since inception and floatation, it has been buying assets.

the total number of voting rights in the Company is 810,629,500


810,629,500 x £0.015 = £12,159,442.5

That is £12million paid to shareholders.