Fortescue has been making the most of the rise in iron ore prices above $50 per tonne to repay substantial amounts of debt this year. In May it repaid USD$577 worth of 8.25% 2019 bonds and prior to this, the company has made several early debt repayments during 2015. In 2013 the company had gross debt of USD$13 billion and as at June of last year gross debt was $9.5...
| Domestic Income Funds | Yield* | Assets |
|---|---|---|
| Coolabah Floating-Rate High Yield (Mngd)-Ast Inv | 9.19% | Alternative Fixed Income |
| Coolabah Short Term Income (Managed) | 5.42% | Alternative Fixed Income |
| Coolabah Short Term Income-Assisted | 5.82% | Alternative Fixed Income |
| Coolabah Short Term Income-Direct | 5.42% | Alternative Fixed Income |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| Barings | 9.00% | Real Estate |
| Qualitas Real Estate (QRI) | 9.00% | Real Estate |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24