HHI Henderson High Income Trust plc

A pure income Trust that invests in high-quality UK companies with potential to pay attractive and sustainable dividends

ISIN
GB0009580571

Share price
145.50p
As of 27/05/2020

Estimated NAV
149.20p
As of 27/05/2020

Discount / Premium
-2.48%
As of 27/05/2020

Yield
6.80%
As of 27/05/2020


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

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

ABOUT THIS TRUST

  • Invests predominantly 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 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

PORTFOLIO MANAGEMENT

David Smith, CFA

Portfolio Manager

Industry since 2002. Joined Firm in 2002.

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 (%)
As of 31/03/2020
Net Asset Value Price
 
Quarter End
As of 31/03/2020
2019/2020 2018/2019 2017/2018 2016/2017 2015/2016
Net Asset Value -25.83% 13.11% -9.96% 3.67% -1.36%
Price -36.40% 6.90% -8.40% 4.80% -6.00%
Cumulative Performance (%)
As of 27/05/2020
Net Asset Value Price
 
As of 27/05/2020 1MO 3MO YTD 1YR 3YR 5YR 10YR
Net Asset Value 3.93% -11.36% -18.71% -9.44% -8.88% 3.83% 134.97%
Price 3.56% -12.80% -22.58% -13.11% -13.84% -2.24% 124.72%
DIVIDENDS
Ex Dividend Date Pay Date Amount div p/ps
18-Jun-20 31-Jul-20 2.48
02-Apr-20 20-Apr-20 2.48
12-Dec-19 31-Jan-20 2.48
19-Sep-19 25-Oct-19 2.48
20-Jun-19 26-Jul-19 2.43
04-Apr-19 26-Apr-19 2.43
13-Dec-18 25-Jan-19 2.43
20-Sep-18 26-Oct-18 2.43
21-Jun-18 27-Jul-18 2.38
05-Apr-18 27-Apr-18 2.38
14-Dec-17 26-Jan-18 2.38
21-Sep-17 27-Oct-17 2.38

Portfolio

Top Holdings (As of 30/04/2020)
% of Fund
British American Tobacco 4.73
GlaxoSmithKline 4.68
Diageo 3.56
National Grid 2.87
Rio Tinto 2.58
RELX 2.54
Royal Dutch Shell 2.37
Unilever 2.23
BP 2.20
AstraZeneca 2.12
View full holdings
Sector Allocation % OF FUND % OF FUND (As of 30/04/2020)
Consumer Goods 23.32
Financials 18.66
Fixed Interest 11.58
Consumer Services 10.31
Health Care 9.22
Utilities 6.62
Industrials 6.59
Oil & Gas 4.59
Basic Materials 4.37
Telecommunications 3.50
Country/Geographic Exposures % OF FUND % OF FUND (As of April 30, 2020)
United Kingdom 86.18
United States 6.46
France 2.11
Switzerland 1.57
Germany 1.25
Ireland 0.98
Finland 0.83
Belgium 0.43
Netherlands 0.20

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.
  • Some of the investments in this portfolio are in smaller companies shares. They may be more difficult to buy and sell and their share price may fluctuate more than that of larger companies.
  • 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.
  • 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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