For individual investors in the UK

HDIV Henderson Diversified Income Trust plc

A long-term fixed income fund that takes a thematic investing approach to providing an income stream for shareholders

ISIN
GB00BF03YC36

Share price
73.00p
As of 11 Aug 2022

Estimated NAV
76.50p
As of 11 Aug 2022

Discount / Premium
-4.58%
As of 11 Aug 2022

Yield
6.03%
As of 11 Aug 2022

Overview

From 25 February 2022, the Company’s Investment objective and policy changed, and from 16 September 2021, the Company's reference benchmark changed. Past performance shown before this change was therefore achieved under circumstances that no longer apply.

INVESTMENT OBJECTIVE

The Company’s investment objective is to provide shareholders with a high level of income and preservation of capital, through the economic cycle.

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

  • 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 does not predict future returns. 
 

Knowledge Shared

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

FREQUENTLY ASKED QUESTIONS

Source: Morningstar. Ratings updated quarterly.

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.

Nicholas Ware

Portfolio Manager

Industry since 1998. Joined Firm in 2009.

Performance

Past performance does not predict future returns.
Discrete Performance (%)
As of 30 Jun 2022
Net Asset Value Price
 
Quarter End
As of 30 Jun 2022
2021/2022 2020/2021 2019/2020 2018/2019 2017/2018
Net Asset Value -17.42 10.61 4.60 9.20 -1.61
Price -18.71 7.24 -6.09 14.03 -3.00
Cumulative Performance (%)
As of 31 Jul 2022
NAV (Net) Price (Net)
 
As of 31 Jul 2022 1MO 3MO YTD 1YR 3YR 5YR 10YR
NAV (Net) 5.34 -2.64 -13.73 -13.84 -0.26 7.05 62.48
Price (Net) 7.88 -3.36 -10.81 -11.48 -9.67 -1.80 54.99
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
01-Jun-22 30-Jun-22 1.10
03-Mar-22 31-Mar-22 1.10
02-Dec-21 31-Dec-21 1.10
02-Sep-21 30-Sep-21 1.10
03-Jun-21 30-Jun-21 1.10
04-Mar-21 31-Mar-21 1.10
03-Dec-20 31-Dec-20 1.10
03-Sep-20 30-Sep-20 1.10
04-Jun-20 30-Jun-20 1.10
05-Mar-20 31-Mar-20 1.10
05-Dec-19 31-Dec-19 1.10
05-Sep-19 30-Sep-19 1.10

Portfolio

Top Holdings (As of 30 Jun 2022)
% of Fund
Phoenix Group 6.625% 2025 2.47
Nationwide Building Society 2.40
Co-operative Group 2011 7.50% 2026 2.05
Crown Castle International 3.65% 2027 1.82
Service Corp International 4.625% 2027 1.78
Anheuser-Busch InBev Worldwide 4.75% 2029 1.61
Direct Line Insurance Group 4.75% 2171 1.60
Virgin Media Secured Finance 4.125% 2030 1.59
Altice France 5.50% 2028 1.52
Galderma 3/21 USD Term B 10/26 1.47
View full holdings
Sector Allocation % OF FUND % OF FUND (As of 30 Jun 2022)
Country/Geographic Exposures % OF FUND % OF FUND (As of June 30, 2022)

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 does not predict future returns
  • 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.
  • The Company confirms that it currently conducts its affairs so that its ordinary shares of 1p 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.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report. Please refer to the AIFMD Disclosure document and Annual Report of the AIF before making any final investment decisions.