Morningstar ratings are based on the representative share class of this fund and are dated to the last month-end upon availability from Morningstar.
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
What is Henderson High Income Trust's investment objective?
Henderson High Income Trust plc aims to provide a high-income stream and prospects of capital growth. The trust invests in a prudently diversified selection of both well-known and smaller companies, predominantly equities but has flexibility to invest in fixed income assets. It has a bottom-up style to stock selection with an emphasis on value. The portfolio includes large and small companies that have attractive and sustainable cash flows.
When was Henderson High Income Trust incorporated?
The incorporation date was 13th September 1989.
Who is the fund manager of Henderson High Income Trust?
The fund manager is David Smith. He joined the asset management industry in 2002 and has been with Janus Henderson since 2002. David has managed the trust since 2008.
What is Henderson High Income Trust's benchmark?
The trust's investment benchmark are 80% FTSE All Share Index and 20% ICE BofAML Sterling Non-Gilts Index. The trust’s Net Asset Value and share price total returns have outperformed the FTSE World index over 10 years.1
 Source: Janus Henderson, Henderson High Income Trust plc Fact Sheet 31st December 2020.
What is Henderson High Income Trust's sector?
The Association of Investment Companies (AIC) classifies trusts into sectors as a way of grouping companies with common characteristics. The classifications are based on a combination of the trust's regional or industry focus, and its investment objective. Henderson High Income Trust is classified within the ‘UK Equity & Bond Income' sector.
How big is Henderson High Income Trust?
As of 31st December 2020, the Trust had total assets of over £257M under management.
 Source: Janus Henderson, Henderson High Income Trust plc Fact Sheet, 31st December 2020
When does Henderson High Income Trust make dividend payments?
Proposed dividend payment date(s): January,April, July and October.
Has Henderson High Income Trust been independently rated by a third party?
The trust has received an overall rating of ★★★ by Morningstar.
What is the annual management fee of Henderson High Income Trust?
The management fee is 0.50% pa of adjusted average gross assets up to £250m and 0.45% pa above £250m.1
 Source: Janus Henderson, Henderson High Income Trust plc Fact Sheet, 31 August 2020
Where can I find additional research on Henderson High Income Trust?
For general insight into the Trust please see the latest Marten & Co commissioned research: 2020 research note. This research gives general insight into the background of the Investment Trust, and the investment strategy with which it is run. In addition to this it outlines the Trust’s objectives and provides updates from the Fund Manager, as well as recent performance data.
In this latest episode of Trust TV, David Smith – fund manager of the UK-focused Henderson High Income Trust, discusses how the trust is confronting the unprecedented challenges brought on by the Covid-19 pandemic.
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.
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.
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.