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Destiny Tech100 (NYSE: DXYZ) has released its Q3 2024 financial results. The fund reported a NAV increase to $5.32 per share, up from $5.15 in Q2 2024. The investment portfolio’s aggregate fair value stood at $58.2 million as of September 30, 2024, including short-term investments. The fund maintains investments across various privately-held technology companies.
Destiny Tech100 (NYSE: DXYZ) ha pubblicato i risultati finanziari del terzo trimestre 2024. Il fondo ha registrato un incremento del NAV a $5,32 per azione, rispetto ai $5,15 del secondo trimestre 2024. Il valore equo aggregato del portafoglio di investimenti ammontava a 58,2 milioni di dollari al 30 settembre 2024, inclusi gli investimenti a breve termine. Il fondo mantiene investimenti in diverse aziende tecnologiche a capitale privato.
Destiny Tech100 (NYSE: DXYZ) ha publicado sus resultados financieros del tercer trimestre de 2024. El fondo informó un incremento en el NAV a $5.32 por acción, subiendo desde $5.15 en el segundo trimestre de 2024. El valor justo total de la cartera de inversiones se situó en $58.2 millones a partir del 30 de septiembre de 2024, incluyendo inversiones a corto plazo. El fondo mantiene inversiones en diversas empresas tecnológicas privadas.
Destiny Tech100 (NYSE: DXYZ)는 2024년 3분기 재무 결과를 발표했습니다. 이 펀드는 NAV 증가를 보고했으며 주당 $5.32로, 2024년 2분기의 $5.15에서 상승했습니다. 2024년 9월 30일 현재 투자 포트폴리오의 총 공정 가치는 $58.2 백만에 달하며, 단기 투자도 포함되어 있습니다. 이 펀드는 여러 비상장 기술 회사에 대한 투자를 유지하고 있습니다.
Destiny Tech100 (NYSE: DXYZ) a publié ses résultats financiers du troisième trimestre 2024. Le fonds a signalé une augmentation de la valeur d’inventaire (NAV) à 5,32 $ par action, en hausse par rapport à 5,15 $ au cours du deuxième trimestre 2024. La valeur totale juste du portefeuille d’investissement s’élevait à 58,2 millions de dollars au 30 septembre 2024, y compris les investissements à court terme. Le fonds conserve des investissements dans diverses entreprises technologiques privées.
Destiny Tech100 (NYSE: DXYZ) hat seine Finanzzahlen für das dritte Quartal 2024 veröffentlicht. Der Fonds berichtete von einem Zuwachs des NAV auf $5,32 pro Aktie, ein Anstieg von $5,15 im zweiten Quartal 2024. Der aggregierte Marktwert des Anlageportfolios betrug zum 30. September 2024 58,2 Millionen Dollar, einschließlich kurzfristiger Investitionen. Der Fonds hält Investitionen in verschiedene privat gehaltene Technologieunternehmen.
Positive
- NAV per share increased from $5.15 to $5.32 quarter-over-quarter
- Portfolio maintains $58.2 million in fair value
Insights
The Q3 2024 results show modest growth with NAV increasing by 3.3% from $5.15 to $5.32 per share. The total portfolio value of $58.2 million appears relatively small for a publicly traded investment fund, suggesting market impact. While the increase in NAV is positive, without comparative industry benchmarks or detailed portfolio performance metrics, it’s challenging to evaluate the fund’s true performance. The lack of information about specific investments in private tech companies and their individual contributions to NAV growth limits meaningful analysis of future growth potential or risk factors.
NEW YORK–(BUSINESS WIRE)– Destiny Tech100 Inc. (NYSE: DXYZ) today announced financial results for the quarter ended September 30, 2024. The fund reported a net asset value (NAV) of $5.32 per share of common stock, an increase from $5.15 per share at the end of the second quarter.
As of September 30, 2024, Destiny Tech100’s investment portfolio had an aggregate fair value of approximately $58.2 million, including short-term investments. The fund maintains positions in a variety of privately-held technology companies.
Additional Information
For more information about the Tech100 fund, Destiny XYZ Inc., the Fund’s parent company, has made extensive resources available on its website. Prospective investors and the general public are encouraged to visit www.destiny.xyz/tech100 (in the Literature section) to receive the Fund’s most recent semi-annual report and other important information.
About Destiny Tech100
Destiny Tech100 (“DXYZ” and “Tech100”), is a publicly-listed registered closed-end fund that intends to invest in a portfolio of 100 of the top venture-backed private technology companies, providing everyday investors access to many of the world’s most exciting private businesses.
Destiny Tech100 Inc. is currently listed on the New York Stock Exchange under the ticker symbol “DXYZ.” For a comprehensive list of holdings, visit the fund website at www.destiny.xyz/tech100.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241126589683/en/
Robert Blecher
Source: Destiny Tech100 Inc.
FAQ
What is Destiny Tech100’s (DXYZ) NAV per share in Q3 2024?
Destiny Tech100’s NAV per share was $5.32 as of September 30, 2024, showing an increase from $5.15 in Q2 2024.
What is the fair value of Destiny Tech100’s (DXYZ) investment portfolio in Q3 2024?
As of September 30, 2024, Destiny Tech100’s investment portfolio had an aggregate fair value of approximately $58.2 million, including short-term investments.
How much did Destiny Tech100’s (DXYZ) NAV increase in Q3 2024?
Destiny Tech100’s NAV increased by $0.17 per share, from $5.15 in Q2 2024 to $5.32 in Q3 2024.
