HBL Growth Fund Announces 12% Distribution for January-February 2024

Karachi, The HBL Growth Fund, a close-end mutual fund listed on the Pakistan Stock Exchange, has declared a distribution of 12% for the period of January-February 2024. The fund, trading under the symbol HGFA, closed with a daily weighted average rate of Rs. 7.06. With a paid-up capital of Rs. 2,835.00 million, the fund has been a significant player in the market since its listing in 1980. The previous book closure was on June 7th, highlighting its continued performance in the financial market. Despite not disclosing the Earnings Per Share (EPS) for 2022/2023, the fund's performance indicates a positive trend for its investors.