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
91.00p
As of 03/12/2020

Estimated NAV
92.40p
As of 03/12/2020

Discount / Premium
-1.52%
As of 03/12/2020

Yield
4.84%
As of 03/12/2020


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 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 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

FREQUENTLY ASKED QUESTIONS

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.
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
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
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

Portfolio

Top Holdings (As of 31/10/2020)
% OF FUND
Nationwide Building Society 2.23
Phoenix Group 6.625% 2025 2.21
IQVIA 5.00% 2026 2.15
Co-operative Group 2011 7.50% 2026 1.99
CSC 5.75% 2030 1.77
Altice France 5.50% 2028 1.59
Crown Castle International 3.65% 2027 1.55
Virgin Media Secured Finance 4.125% 2030 1.51
Service Corp International 4.625% 2027 1.48
Crown Americas 4.75% 2026 1.47
View full holdings
Sector Allocation % OF FUND % OF FUND (As of 31/10/2020)
High Yield Corporate Bonds 59.12
Investment Grade Corporate Bonds 33.83
Loans 4.83
Preference Shares 2.23
Country/Geographic Exposures % OF FUND % OF FUND (As of October 31, 2020)
United States 52.64
United Kingdom 27.16
Netherlands 3.73
Canada 3.51
France 3.33
Switzerland 2.38
Luxembourg 1.97
Germany 1.53
Belgium 1.39
Sweden 0.83

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.
  • 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.
TOP