For individual investors in the UK

HFEL Henderson Far East Income Limited

An income-focused Trust that invests across Asia Pacific with the target of delivering income growth

ISIN
JE00B1GXH751

Share price
290.50p
As of 20/05/2022

Estimated NAV
281.98p
As of 20/05/2022

Discount / Premium
3.02%
As of 20/05/2022

Yield
8.12%
As of 20/05/2022

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Overview

INVESTMENT OBJECTIVE

The Company seeks to provide shareholders with a growing total annual dividend per share, as well as capital appreciation, from a diversified portfolio of investments from the Asia Pacific region.

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 value-driven approach providing unique access to the growing economies in Asia Pacific
  • Invests in companies with high and sustainable dividends and those that have the potential to grow their dividends
  • Strong diversifier for income- and growth-seeking investors
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Past performance does not predict future returns. 
 

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.

View Our Investment Trust Insights

ANNOUNCEMENTS

FREQUENTLY ASKED QUESTIONS

Source: Morningstar. Ratings updated quarterly.

PORTFOLIO MANAGEMENT

Mike Kerley

Mike Kerley

Portfolio Manager

Industry since 1985. Joined Firm in 2004.

Sat Duhra

Sat Duhra

Portfolio Manager

Industry since 2000. Joined Firm in 2011.

Performance

Past performance does not predict future returns.
Discrete Performance (%)
As of 31/03/2022
Net Asset Value Price
 
Quarter End
As of 31/03/2022 		2021/2022 2020/2021 2019/2020 2018/2019 2017/2018
Net Asset Value 2.60 22.72 -15.50 4.85 5.32
Price -2.43 25.74 -15.43 1.70 8.50
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk.  Costs and returns may increase or decrease as a result of currency and exchange rate fluctuations.
Fund charges will impact the value of your investment. In particular, the ongoing charges applicable to each fund will dilute investment performance, particularly over time.
© Morningstar 2022. All rights reserved. The Price and Net Asset Value total returns.
Cumulative Performance (%)
As of 30/04/2022
NAV (Net) Price (Net)
 
As of 30/04/2022 1MO 3MO YTD 1YR 3YR 5YR 10YR
NAV (Net) -0.20 5.88 4.69 -0.63 4.76 19.18 89.03
Price (Net) 3.70 4.24 5.76 -0.55 2.91 16.86 89.47
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk.  Costs and returns may increase or decrease as a result of currency and exchange rate fluctuations.
Fund charges will impact the value of your investment. In particular, the ongoing charges applicable to each fund will dilute investment performance, particularly over time.
© Morningstar 2022. All rights reserved. The Price and Net Asset Value total returns.
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
28-Apr-22 27-May-22 5.90
27-Jan-22 25-Feb-22 5.90
28-Oct-21 26-Nov-21 5.90
29-Jul-21 27-Aug-21 5.90
29-Apr-21 28-May-21 5.80
28-Jan-21 26-Feb-21 5.80
29-Oct-20 27-Nov-20 5.80
30-Jul-20 28-Aug-20 5.80
30-Apr-20 29-May-20 5.70
30-Jan-20 28-Feb-20 5.70
31-Oct-19 29-Nov-19 5.70
01-Aug-19 30-Aug-19 5.70

Portfolio

Top Holdings (As of 30/04/2022)
% of Fund
Macquarie Group 4.21
Rio Tinto 3.81
Telkom Indonesia Persero 3.61
BHP Group 3.54
Woodside Petroleum 3.50
Macquarie Korea Infrastructure Fund 3.47
Samsung Electronics 3.44
Santos 3.42
Spark New Zealand 3.10
Vinacapital Vietnam Opportunity Fund Ltd USD 3.08
View full holdings
References made to individual securities should not constitute or form part of any offer or solicitation to issue, sell, subscribe or purchase. Holdings are subject to change without notice.
Sector Allocation % OF FUND % OF FUND (As of 30/04/2022)
Country/Geographic Exposures % OF FUND % OF FUND (As of April 30, 2022)

Documents

Document View
Henderson Far East Income Limited - Asia Pacific Dividend Index 2021
Henderson Far East Income Limited - Annual Report 2021
Henderson Far East Income Limited - Annual Report 2016
Henderson Far East Income Limited - Annual Report 2018
Henderson Far East Income Limited - Executive Summary: Annual Report 2021
Henderson Far East Income Limited - Annual Report 2020
Henderson Far East Income Limited - Annual Report 2019
Henderson Far East Income Limited - Annual Report 2017
Henderson Far East Income Limited - Annual Report 2015
Henderson Far East Income Limited - Annual Report 2014
Henderson Far East Income Limited - Annual Report 2013
Henderson Far East Income Limited - Annual Report 2012
Henderson Far East Income Limited - Factsheet
Henderson Far East Income Limited - Portfolio Disclosure
Henderson Far East Income Limited - Half Year Report 2022
Henderson Far East Income Limited - Half Year Report 2021
Henderson Far East Income Limited - Half Year Report 2020
Henderson Far East Income Limited - Half Year Report 2019
Henderson Far East Income Limited - Half Year Report 2018
Henderson Far East Income Limited - Half Year Report 2017
Henderson Far East Income Limited - Half Year Report 2016
Henderson Far East Income Limited - Half Year Report 2015
Henderson Far East Income Limited - Half Year Report 2014
Henderson Far East Income Limited - Half Year Report 2013
Henderson Far East Income Limited - Half Year Update 2022
Henderson Far East Income Limited - Notice of Meeting 2022
Henderson Far East Income Limited - Notice of Meeting 2021
Henderson Far East Income Limited - Key Information Document
Henderson Far East Income Limited - AIFMD Disclosure
Henderson Far East Income Limited - Poll Results 2022
Henderson Far East Income Limited - Form of Proxy 2022
Henderson Far East Income Limited - Terms of Reference of the Audit Committee
Henderson Far East Income Limited - Terms of Reference of the Nominations Committee
Henderson Far East Income Limited - Terms of Reference of the Management Engagement Committee

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
Is the Asian dream still alive?
April 2022

Is the Asian dream still alive?

Mike Kerley, Portfolio Manager of Henderson Far East Income, talks about factors currently affecting the Asian market, notably the regulatory clampdown in China and the divergence in performance between North and Southeast Asian countries. Mike also explores what decarbonisation and the transition towards clean energy might mean for the region.

Listen Now

Henderson Far East Income Limited – Fund Manager 2022 AGM presentation
January 2022

Henderson Far East Income Limited – Fund Manager 2022 AGM presentation

Portfolio Managers of Henderson Far East Income Limited, Mike Kerley and Sat Duhra, deliver the 2022 Annual General Meeting presentation to shareholders. They cover the Trust’s performance over the last financial year and portfolio activity over the period.

Watch Now

North/South Divide
January 2022

North/South Divide

As the global economy slowly reopens, the recovery and pace of growth have not been uniform across the Asia Pacific region. North Asian countries have outperformed those in the South – creating a North/South divide. In this article, Mike Kerley and Sat Duhra, Portfolio Managers of the Henderson Far East Income Trust, explore some of the factors that have led to this divergence in performance.

10 min read

  • ​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.
  • The trust has significant exposure to Emerging Markets, which tend to be less stable than more established markets and can be affected by local political and economic conditions, reliability of trading systems, buying and selling practices and financial reporting standards.
  • 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.
  • The portfolio allows the manager to use options for revenue enhancement purposes. Options can be volatile and may result in a capital loss.
  • Where the trust invests in assets which are denominated in currencies other than the base currency then currency exchange rate movements may cause the value of investments to fall as well as rise.
  • 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 no par value 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.