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Want to hear about a fascinatingly quirky situation in a dusty corner of UK micro-cap land?

A closed-end fund but think of it like a bond: over the next 4 years your capital is returned to you with an 9% yield - plus the keys to 7x A380s you'll be given for free.
It's a CEF called Doric Nimrod 2 (#DNA2) - there are three of them but this one seems the most interesting.

Long story short, they raised debt and equity, bought 7 A380s and leased them all to Emirates and these are coming off lease over the next 2-4 years, owned free and clear.
You can buy DNA for 56p and get at least** 76.5p of payments.

The leases are structured to provide for DNA2 to pay investors a total 4.5p over 17 remaining quarters while servicing the debt on each aircraft so they're returned unencumbered and paid for.

(4.5p paid since report)
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