Please ensure Javascript is enabled for purposes of website accessibility Henderson High Income Trust plc - Janus Henderson Investors
For individual investors in the UK

HHI Henderson High Income Trust plc

A Company providing investors with a high dividend income stream while also maintaining the prospect of capital growth

ISIN
GB0009580571

Share price
156.00p
As of 22/02/2024

Estimated NAV
168.75p
As of 22/02/2024

Discount / Premium
-7.55%
As of 22/02/2024

Yield
6.63%
As of 22/02/2024

Overview

Roll-over of Henderson Diversified Income Trust plc to the Company

On 16 January 2024, the scheme of reconstruction with Henderson Diversified Income Trust plc became effective. This resulted in the issue of 42,345,422 New Ordinary Shares in Henderson High Income Trust plc which were admitted to trading on the Main Market of the London Stock Exchange on 17 January 2024.

For more information on the transaction, click here.

INVESTMENT OBJECTIVE

The Company 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 information document before investing. This website is for promotional purposes and does not qualify as an investment recommendation.

ABOUT THIS COMPANY

  • Invests predominantly in 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 does not predict future returns. 
 

LATEST INSIGHTS

Knowledge Sharing

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 Company:

London Stock Exchange

FREQUENTLY ASKED QUESTIONS

Source: Morningstar. Ratings updated quarterly.

PORTFOLIO MANAGEMENT

David Smith, CFA

Portfolio Manager – Henderson High Income | Deputy Portfolio Manager - The City of London Investment Trust

Industry since 2002. Joined Firm in 2002.

Performance

Marketing Communication. Past performance does not predict future returns. The value of an investment and the income from it may go down as well as up and you may lose the amount originally invested. Potential investors must read the latest annual report and where relevant, the key information document before investing.
Discrete Performance (%)
As of 31/12/2023
Net Asset Value Price
 
Quarter End
As of 31/12/2023
2022/2023 2021/2022 2020/2021 2019/2020 2018/2019
Net Asset Value 9.81 -1.93 19.84 -11.39 25.56
Price 0.91 -1.10 27.91 -17.62 27.01
Cumulative Performance (%)
As of 31/01/2024
NAV (Net) Price (Net)
 
As of 31/01/2024 1MO 3MO YTD 1YR 3YR 5YR 10YR
NAV (Net) -0.04 9.96 -0.04 3.64 30.57 34.99 78.64
Price (Net) 0.64 13.63 0.64 -2.43 29.35 27.99 61.57
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
07-Dec-23 26-Jan-24 2.63
14-Sep-23 27-Oct-23 2.58
15-Jun-23 28-Jul-23 2.58
06-Apr-23 28-Apr-23 2.58
08-Dec-22 27-Jan-23 2.58
15-Sep-22 28-Oct-22 2.53
16-Jun-22 29-Jul-22 2.53
07-Apr-22 29-Apr-22 2.53
16-Dec-21 28-Jan-22 2.53
16-Sep-21 29-Oct-21 2.48
17-Jun-21 30-Jul-21 2.48
01-Apr-21 30-Apr-21 2.48

Portfolio

Top Holdings (As of 31/01/2024)
% of Fund
British American Tobacco 4.03
Unilever 3.50
Rio Tinto 3.26
HSBC 3.15
BP 2.93
RELX 2.63
Shell 2.49
Imperial Brands 2.45
Intermediate Capital Group 2.10
M&G 2.04
View full holdings
Sector Allocation % OF FUND % OF FUND (As of 31/01/2024)
Country/Geographic Exposures % OF FUND % OF FUND (As of January 31, 2024)

Documents

  • ​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 Company's portfolio is concentrated towards a particular country or geographical region, the investment carries greater risk than a portfolio that is diversified across more countries.
  • Some of the investments in this portfolio are in smaller company shares. They may be more difficult to buy and sell, and their share prices may fluctuate more than those of larger companies.
  • This Company is suitable to be used as one component of several within a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested in this Company.
  • Active management techniques that have worked well in normal market conditions could prove ineffective or negative for performance at other times.
  • The Company could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Company.
  • 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 Company's shares, which will trade at a varying discount (or premium) relative to the value of the underlying assets of the Company. As a result, losses (or gains) may be higher or lower than those of the Company's assets.
  • The Company may use gearing (borrowing to invest) as part of its investment strategy. If the Company utilises its ability to gear, the profits and losses incurred by the Company can be greater than those of a Company that does not use gearing.
  • All or part of the Company'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.
  • 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.
  • Some documents are available in alternative formats. Click here for information on how to request them.