HDIV Henderson Diversified Income Trust plc

A long-term fixed income fund that integrates social, economic and technological trends into the investment process to provide a reliable income stream

ISIN
GB00BF03YC36

Share price
94.20p
As of 28/01/2020

Estimated NAV
91.00p
As of 28/01/2020

Discount / Premium
3.52%
As of 28/01/2020

Yield
4.67%
As of 28/01/2020

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

The Company's investment objective is to seek income and capital growth such that the total return on the net asset value of the Company exceeds the average return on a rolling annual basis of three month sterling LIBOR plus 2 per cent.

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 prospectus, 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

  • A fixed income specialist fund with the ability to move freely between bonds and loans
  • Has an experienced and specialised management team with a deep understanding of global fixed income markets
  • Typically invests in large, high quality companies in industries with high barriers to entry
Past performance is not a guide to future performance. 
 

ANNOUNCEMENTS

View the latest announcements for this Trust:

London Stock Exchange

PORTFOLIO MANAGEMENT

Jenna Barnard, CFA

Co-Head of Strategic Fixed Income | Portfolio Manager

Industry since 2001. Joined Firm in 2002.

John Pattullo

Co-Head of Strategic Fixed Income | Portfolio Manager

Industry since 1993. Joined Firm in 1997.

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
Net Asset Value Price
 
Quarter End
As of 30/06/2019
Jun 2018 - Jun 2019 Jun 2017 - Jun 2018 Jun 2016 - Jun 2017 Jun 2015 - Jun 2016 Jun 2014 - Jun 2015
Net Asset Value 9.20% -1.60% 10.30% 4.70% 4.10%
Price 14.00% -3.00% 13.20% 3.50% 2.20%
Cumulative Performance
Net Asset Value Price
 
As of January 28, 2020 1MO 3MO YTD 1YR 3YR 5YR 10YR
Net Asset Value 1.11% 2.70% 15.91% 14.05% 19.02% 32.07% -
Price -0.11% 9.07% 0.11% 18.01% 20.15% 32.53% -
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
05-Dec-19 31-Dec-19 1.10
05-Sep-19 30-Sep-19 1.10
06-Jun-19 28-Jun-19 1.10
07-Mar-19 29-Mar-19 1.10
06-Dec-18 28-Dec-18 1.10
06-Sep-18 28-Sep-18 1.10
07-Jun-18 29-Jun-18 1.10
08-Mar-18 29-Mar-18 1.10
07-Dec-17 29-Dec-17 1.10
14-Sep-17 29-Sep-17 0.25
14-Sep-17 29-Sep-17 1.00
20-Apr-17 30-Jun-17 1.25

Portfolio

Top Holdings (As of 31/12/2019)
% OF FUND
American Tower 3.60% 2028 2.17
Crown Castle International 3.65% 2027 2.14
Nationwide Building Society 2.14
Aramark Services 4.75% 2026 2.14
IQVIA 5.00% 2026 2.13
Phoenix Group 6.625% 2025 2.07
Lamb Weston 4.875% 2026 2.06
Co-operative Group 2011 7.50% 2026 1.94
Cintas Corp No 2 3.70% 2027 1.65
Boyd Gaming 6.375% 2026 1.63
View full holdings
Sector Allocation % OF FUND % OF FUND (As of 31/12/2019)
High Yield Corporate Bonds 50.70
Investment Grade Corporate Bonds 42.61
Loans 4.55
Preference Shares 2.14

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.
  • ​You should note that your tax treatment in relation to any investments held outside an ISA will depend on your individual circumstances and may be subject to change in the future. Governments may change the tax rules which affect you or the Funds in which you have invested.
  • ​If you invest through a third party provider you are advised to consult them directly as charges, performance and terms and conditions may differ materially.
  • 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.
  • Higher yieldings bonds are issued by companies that may have greater difficulty in repaying their financial obligations. High yield bonds are not traded as frequently as government bonds and therefore may be more difficult to trade in distressed markets.
  • 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.
  • 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.
  • Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty. View the portfolio transaction costs across the Henderson UK Fund range.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved, you may wish to consult a financial adviser.

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