HHI Henderson High Income Trust plc

A pure income Trust that invests in high-quality UK companies with potential to pay attractive and sustainable dividends

ISIN
GB0009580571

Share price
132.75p
As of 17/09/20

Estimated NAV
146.94p
As of 17/09/20

Discount / Premium
-9.66%
As of 17/09/20

Yield
7.46%
As of 17/09/20


Morningstar ratings are based on the representative share class of this fund and are dated to the last month-end upon availability from Morningstar.

Overview

INVESTMENT OBJECTIVE

Invests in a prudently diversified selection of both well known and smaller companies to provide investors with a high dividend income stream while also maintaining the prospect of capital growth.
The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Potential investors must read the latest annual report and where relevant, the key investor information document before investing. This website is for promotional purposes and does not qualify as an investment recommendation.

ABOUT THIS TRUST

  • Invests predominantly equities but has flexibility to invest in fixed income assets
  • Bottom-up style to stock selection with an emphasis on value
  • Portfolio includes large and small companies that have attractive and sustainable cash flows
Past performance is not a guide to future performance. 
 

Knowledge. Shared

At Janus Henderson, we believe in the sharing of expert insight for better investment and business decisions. We call this ethos Knowledge. Shared.

ANNOUNCEMENTS

View the latest announcements for this Trust:

London Stock Exchange

PORTFOLIO MANAGEMENT

David Smith, CFA

Portfolio Manager

Industry since 2002. Joined Firm in 2002.

Performance

Past performance is not a guide to future performance. Performance is shown based on the Share Price and does not include income reinvested.
Discrete Performance (%)
As of 30/06/20
Net Asset Value Price (ORD) (ORD)
 
Quarter End
As of 30/06/20
2019/2020 2018/2019 2017/2018 2016/2017 2015/2016
Net Asset Value 11.52% 2.20% 9.30% 1.87% 0.78%
Price 22.50% 6.40% 6.30% 2.20% 1.30%
Cumulative Performance (%)
As of 17/09/20
Net Asset Value Price
 
As of 17/09/20 1MO 3MO YTD 1YR 3YR 5YR 10YR
Net Asset Value -0.77% -2.08% -18.52% -12.90% -5.97% 11.59% 116.15%
Price -2.54% -9.54% -26.83% -16.15% -14.89% -2.21% 88.81%
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
17-Sep-20 30-Oct-20 2.48
18-Jun-20 31-Jul-20 2.48
02-Apr-20 24-Apr-20 2.48
12-Dec-19 31-Jan-20 2.48
19-Sep-19 25-Oct-19 2.48
20-Jun-19 26-Jul-19 2.43
04-Apr-19 26-Apr-19 2.43
13-Dec-18 25-Jan-19 2.43
20-Sep-18 26-Oct-18 2.43
21-Jun-18 27-Jul-18 2.38
05-Apr-18 27-Apr-18 2.38
14-Dec-17 26-Jan-18 2.38

Portfolio

Top Holdings (As of 31/08/20)
% of Fund
GlaxoSmithKline 4.20
British American Tobacco 4.17
Rio Tinto 3.36
Unilever 2.89
Diageo 2.83
National Grid 2.62
RELX 2.18
Tesco 2.03
Vodafone Group 1.94
Royal Dutch Shell 1.91
View full holdings
Sector Allocation % OF FUND % OF FUND (As of 31/08/20)
Consumer Goods 22.29
Financials 21.13
Fixed Interest 11.66
Consumer Services 9.95
Utilities 8.36
Health Care 7.33
Industrials 6.14
Basic Materials 5.32
Oil & Gas 3.79
Technology 2.10
Country/Geographic Exposures % OF FUND % OF FUND (As of August 31, 2020)
United Kingdom 83.46
United States 8.24
Germany 1.84
France 1.40
Netherlands 1.15
Ireland 1.03
Portugal 0.87
Finland 0.83
Switzerland 0.75
Belgium 0.43

Documents

Document View
  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance is not a guide to future performance.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • If a trust's portfolio is concentrated towards a particular country or geographical region, the investment carries greater risk than a portfolio diversified across more countries.
  • Some of the investments in this portfolio are in smaller companies shares. They may be more difficult to buy and sell and their share price may fluctuate more than that of larger companies.
  • This trust is suitable to be used as one component in several in a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested into this trust.
  • Active management techniques that have worked well in normal market conditions could prove ineffective or detrimental at other times.
  • The trust could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the trust.
  • Shares can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • The return on your investment is directly related to the prevailing market price of the trust’s shares, which will trade at a varying discount (or premium) relative to the value of the underlying assets of the trust. As a result losses (or gains) may be higher or lower than those of the trust’s assets.
  • The trust may use gearing as part of its investment strategy. If the trust utilises its ability to gear, the profits and losses incured by the trust can be greater than those of a trust that does not use gearing.
  • All or part of the trust's management fee is taken from its capital. While this allows more income to be paid, it may also restrict capital growth or even result in capital erosion over time.
  • The Company confirms that it currently conducts its affairs so that its ordinary shares of 5p each can be recommended by IFAs to ordinary retail investors in accordance with the Financial Conduct Authority’s (FCA) rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future.
  • The shares are excluded from the FCA’s restrictions which apply to non-mainstream investment products because they are shares in an investment trust.
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