Hearts and Minds Investments (ASX:HM1) reported post-tax net tangible assets of AU$3.33 per share as of July 31, according to a Thursday filing with the Australian bourse.
The company recorded post-tax net tangible assets of AU$3.56 per share for July 2025, an earlier filing showed.
Its portfolio was down 2% for the month of July and delivered an annualized pre-tax investment return of over 10% per year since inception.
The portfolio offered a fully franked annualized dividend yield of about 6.6% as of July 31, the filing said.
The company's shares added about 1% in recent Thursday trade.