Argo Global Listed Infrastructure (ASX:ALI) has disclosed its net tangible asset backing per share rose to $2.66 as at 31 October 2026, up from $2.50 recorded at 30 September 2026, according to the company's October 2026 NTA and Investment Update filing.

Key Points

  • NTA per share increased to $2.66 at 31 October 2026, compared with $2.50 at 30 September 2026
  • NTA per share after unrealised tax provision was $2.59 at 31 October, up from $2.47 at 30 September
  • The portfolio returned +6.7% in October, ahead of the FTSE Global Core Infrastructure 50/50 Index benchmark return of +5.2% over one year
  • Total assets stand at $503 million with approximately 8,400 shareholders
  • Since inception in July 2015, the portfolio has returned +8.9% per annum, against the benchmark's +7.9% per annum

October 2026 NTA Figures

According to the filing, NTA per share as at 31 October 2026 was $2.66, compared with $2.50 at 30 September 2026. The NTA per share after providing for estimated tax on unrealised gains and losses in the portfolio — representing the theoretical tax that may arise if the entire portfolio were sold — was $2.59 at 31 October 2026, up from $2.47 at 30 September 2026. The filing states figures are after all costs, including any tax payable, as required under ASX Listing Rules.

Portfolio Performance Across Investment Periods

The filing discloses the portfolio returned +7.9% over one year, +14.2% per annum over three years, and +9.9% per annum over five years, against benchmark returns of +5.2%, +12.3%, and +8.5% respectively over the same periods. Since inception in July 2015, the portfolio has returned +8.9% per annum before fees, compared with the FTSE Global Core Infrastructure 50/50 Index benchmark return of +7.9% per annum. The S&P/ASX 200 Accumulation Index returned +3.7% over one year, +13.3% per annum over three years, and +8.0% per annum over five years.

Geographic and Sector Portfolio Composition

The filing discloses the portfolio's geographic diversification as at 31 October 2026, with the United States representing 61.5% of the investment portfolio, followed by Asia Pacific at 8.3%, Canada at 8.2%, Europe at 6.6%, Japan at 4.1%, the United Kingdom at 3.8%, Latin America at 3.2%, Australia at 3.0%, and cash at 1.3%. The portfolio is actively managed by Cohen & Steers, described in the filing as a leading specialist global real assets fund manager with funds under management of over A$140 billion. The management fee is 1.2% on assets up to $500 million, reducing on higher asset levels. The historical dividend yield is disclosed as 4.0%, or 5.8% including franking.