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Diverseome Trust (The) (LSE:DIVI) Altman Z2-Score


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What is Diverseome Trust (The) Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.


Diverseome Trust (The) Business Description

Traded in Other Exchanges
N/A
Address
Southernhay West, Broadwalk House, Exeter, Devon, GBR, EX1 1TS
Diverse Income Trust (The) PLC is a UK-based closed-end investment fund. The company mainly invests in quoted or traded UK companies with a wide range of market capitalizations but a long-term bias toward small and mid-cap equities. It adopts a stock-specific approach in managing the company's portfolio and therefore sector weightings are of secondary consideration. The company also utilizes derivative instruments including index-linked notes, contracts for differences, covered options, and other equity-related derivative instruments for efficient portfolio management, gearing, and investment purposes. Its main objective is to pay shareholders a good and growing dividend income.