Hipgnosis Song Fund [discussion]

Hello fellow investors.

I’m interested in your thoughts about the Hipgnosis Song Fund (SONG.L). I’ve started a small position, and I’m interested in the T212 community take on the fund. :wink:

Here’s the factsheet (January 2021).

Best! :v:t3:

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Personally I like it for the regular income and another thing to diversify into. I have it in both SIPP and ISA and previously had an invest position which I wound down once I sorted the more tax friendly positions.

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To whom it may concern:

Hipgnosis, of course, has been on a catalog-acquisition binge that is unparalleled in music industry history and has driven up the price of song catalogs exponentially. In just two weeks early this year it acquired half of Neil Young’s catalog, as well as those of Fleetwood Mac veteran Lindsey Buckingham, producer/executive Jimmy Iovine amd Shakira. In just under three years, Hipgnosis has acquired catalogs by such hitmakers as Timbaland, Pretenders frontwoman Chrissie Hynde, Wu-Tang Clan’s RZA, Blondie, Barry Manilow, Jeff Bhasker and many more.