NAOS Ex-50 Opportunities Company Reports October 2026 NTA of $0.66 Pre-Tax with 19.44% FY27 Year-to-Date Portfolio Return

Sonal Goyal

12 November 2026 10:15 AM AEDT

NAOS Ex-50 Opportunities Company Reports October 2026 NTA of $0.66 Pre-Tax with 19.44% FY27 Year-to-Date Portfolio Return

Image Source: Krish Capital Pty Ltd

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NAOS Ex-50 Opportunities Company Limited (ASX:NAC) has released its monthly net tangible asset and portfolio update as at 31 October 2026, disclosing a pre-tax NTA of $0.66 per share and a year-to-date investment portfolio return of 19.44% for FY27.

Key Points

Pre-tax NTA of $0.66 per share, post-tax and pre-unrealised gains NTA of $0.71, and post-tax NTA of $0.73 as at 31 October 2026
Share price as at 31 October 2026 was $0.595, with a dividend yield of 10.76% based on the most recent four declared dividends totalling 6.4 cents per share
FY27 year-to-date investment portfolio total return of 19.44%, comprising monthly returns of +14.60% in July, +4.73% in August, -1.01% in September, and +0.53% in October
A fully franked Q1 FY27 dividend of 1.60 cents per share went ex-dividend on 9 November 2026 and is payable on 30 November 2026, and is included in the NTA figures
The portfolio held 8 investments with a cash weighting of 0.96% and a weighted average market capitalisation of investee companies of $1,259.4 million

Net Tangible Asset Value as at 31 October 2026

According to the filing, NAC's pre-tax NTA stood at $0.66 per share, while post-tax and pre-unrealised gains NTA was $0.71 per share, and post-tax NTA was $0.73 per share. The company's closing share price on 31 October 2026 was $0.595. NTA figures are described as unaudited and approximate. The profits reserve was disclosed at 50.6 cents per share. Total dividends since inception on a grossed-up basis, including the effect of franking credits, amount to $0.9043 per share.

FY27 Investment Portfolio Performance Through October 2026

The investment portfolio recorded monthly returns of +14.60% in July 2026, +4.73% in August 2026, -1.01% in September 2026, and +0.53% in October 2026, bringing the FY27 year-to-date total return to +19.44%. The filing states that investment portfolio performance is calculated post all operating expenses, before fees, interest, taxes, initial IPO commissions, and all subsequent capital raising costs, and has not been grossed up for franking credits received by shareholders.

Capital Structure and Portfolio Statistics as at 31 October 2026

The filing disclosed that NAC had 45,794,734 shares on issue, a market capitalisation of $27.2 million, and a gross portfolio value of $48.0 million. Options on issue (ASX: NACO) totalled 10,705,595 at a closing price of $0.004, while convertible notes on issue (ASX: NACGA) numbered 175,000 at a closing price of $96.80. Directors held 9,679,631 shares, representing a director alignment ownership of 17.09%. The weighted investment holding period was disclosed as 45 months, with one private investment among the eight total holdings.

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