Aberdeen Standard Equity... Share Discussion Threads

[poikka] 22/5/2020 10:18

At some 1% of their portfolio, Tullow is hardly big news, mw, and not a bad small bet on a higher oil price - then.

[mw8156] 19/5/2020 20:17

what were they doing holding tullow, wasn't going to generate income with all its debt?

[wllmherk] 19/5/2020 20:14

I hold a few here Poikka, in the current climate a fairly safe dividend keeps me invested.

wllm

[poikka] 19/5/2020 14:11

Good to see the divi being raised; the benefits of reserves.

[poikka] 12/5/2020 11:31

After much consideration, and hoping that the managers have learnt a lesson from recent results, I've bought some at 280p.

They appear to have as defensive a portfolio as any, with some good growth stocks in for good measure. Whether they're going to be inflation-proof is something else, but I'm betting on the managers paying attention to the unfolding economic picture.

My holdings in BRWM and KIT are a bit of a hedge against inflation - aside from direct investment; although Christ knows what the future holds.

[peterbill] 13/2/2020 15:46

Top 10 HoldingsJohn Laing Group plc 4.75% Royal Dutch Shell Plc A 3.99% GlaxoSmithKline plc 3.75% British American Tobacco 3.63% Vistry Group Plc 3.60% BP Plc Ordinary US$ 3.44% Close Brothers Group plc 3.27% GVC Holdings plc Eur 3.16% Aviva plc Ordinary 2.91% BHP Group Plc Ordinary US$ 2.68% Top 10 Sectors Financial Services 36.18%Industrials 18.49%Consumer Cyclical 15.40%Energy 12.65%Basic Materials 6.83%Consumer Defensive 6.41%Utilities 6.26%Healthcare 3.75%Technology 2.16%Communication Services 2.12%



On a 8% discount to NAV at the moment

[neilyb675] 13/2/2020 12:48

Aberdeen Standard Equity Income Trust Excluding 433.58p Ordinary
PLC Undiluted Income
Aberdeen Standard Equity Income Trust Including 439.58p Ordinary
PLC Undiluted Income

[steve3sandal] 18/11/2019 22:39

I’ve bought in here today at 382p, yield over 5%. There’s been nothing in the market for this bottom up stock picking lark for several years but I’m wondering if it’s has started to turn. share price up 10% last month. Discount getting on for 10%. Manager is doubted, shares off 25% since May 18, holdings in various stages of unloved, ex growth, and questionable. I’ve switch something from EDIN to Fund this uncomfortable idea where Mr Barnett is having to keep selling holding to fund UT redemptions and IMO shows no clear investment process. I’ll be happy to see some mean reversion once we get December out of the way.

[andyj] 03/11/2019 10:27

Yes, it is actually only marginally higher than it was 12 years ago. In a lesser period HMWO and others have doubled.

[peterbill] 24/10/2019 17:24

ETFS ... Exchange Traded Funds?

[andyj] 24/10/2019 15:56

Still over 10% lower than 5 years ago, this fund is one of many that compares poorly to ETFS.

[roby37] 21/10/2019 14:52

Well these buy backs in the 350s were timely unlike RDS who seem to suspend their buy backs when the price is low.

[contrarian joe] 11/9/2019 22:43

They have a large % of cyclicals in portfolio,yesterdays economic GDP figures weren't as bad as forecast meaning we avoided a recession hence the bounce in fund & cyclical stocks,agree fund has underperformed it's benchmark overtime,discount widened to a historical wide 10% a few times over the last couple of months & then back to nav, so can be a canny trade if you're that way inclined providing you follow the news,latest nav excluding income 396p.

[roby37] 10/9/2019 12:51

Looks like ASEI is determined to keep the share price on an uptrend by buying back since hitting 350 for the second time!

[bizzybrizzy] 05/9/2019 14:32

Part of the problem is with UK stocks in general being marked down. This, along with a lot of other UK centric trusts, is taking more than a fair share of pummeling. This won't change, I guess, until the superating sore of Brexit is lanced.

[mozy123] 05/9/2019 14:03

Rubbish performance here, and widening discount although i see they are starting to buy back some shares. There has been no outperformance for years with this trust.

Dividend has grown sure, but loss of capital compared with the all share doesnt make up for it.

[bizzybrizzy] 05/9/2019 09:43

@roby37 that could just be to reflect the pending dividend

[roby37] 05/9/2019 09:39

BB A bit more diversified than most competitor trusts and the dividend record is better than say MRCH.
Looks like the downtrend has resumed with the xd today!

[bizzybrizzy] 03/9/2019 11:41

ASEI seems to be stuck in a slow downward drift; yet the holdings look to be more diversified than other comparative funds.

[dragonsteeth] 12/6/2019 13:34

A bit under the radar this, maybe others like me had SLET down instead of ASEI. Looking to buy in here as part of my core holding, 5% divi and potentially a week bit of rise in share price

[shiv1986] 26/2/2019 09:22

See the latest ADVFN twitter poll about Funds:

[essentialinvestor] 15/2/2019 13:05

Ex dividend next week.

[essentialinvestor] 21/1/2019 09:10

Added a few DIG last week, XD for 3 pence next week.

[peterbill] 20/1/2019 15:29

Some of the competition in the UK equity income sector ....

2018 TOP PERFORMER IN THE UK EQUITY INCOME CATEGORY:

Finsbury Growth & Income (FGT) +2%

Another fund run by the popular Lindsell Train team, Finsbury Growth & Income has a predominantly UK focus although investors do benefit from some global flexibility.

The trust is run along Warren Buffett principles that targets building a concentrated portfolio of what it believes are high quality companies that have strong brands and powerful market presence, typically with pricing power.

Investors will find household names like Diageo (DGE), which owns various drinks brands including Guinness and Baileys, Unilever (ULVR) and Burberry (BRBY) in the fund, with solid and growing dividends on offer.

It is the only investment trust in the UK equity income category to put up positive returns over the past year on a total return basis.

Others mentioned

Value and Income
Merchants
Troy Income and Growth
Dunedin Income Growth

[essentialinvestor] 18/1/2019 15:05

They intend (subject to unforseen circumstances) to pay a minimum of 20.2 pence this year,
another 5% plus dividend increase.

No exposure to tobacco in this fund, no pharma, no ULVR, DGE etc,
different fund composition to much of the peer group.