Henderson Far East Income Share Discussion Threads

[aleman] 11/2/2014 14:58

11th February 2014

HENDERSON FAR EAST INCOME LIMITED

As at close of business on 10th February 2014, the unaudited net asset value per share, calculated in accordance with the AIC formula (including current financial year revenue items) was 296.2p. As the Company's shares are now ex-dividend, the dividend has been deducted from the net asset value.

As at close of business on 10th February 2014, the unaudited net asset value per share (calculated excluding current financial year revenue items) was 295.8p.

[soi] 07/2/2014 03:53

Thks lizafl, interesting it rose yesterday as well.

[lizafl] 05/2/2014 12:30

Ex-dividend today - 4.4p, so is effectively up today.

[pvb] 27/1/2014 11:07

Lost all of the 2013 years gains now. Drop baby! Drop! Then I can buy some more on a good yield.

[soi] 27/1/2014 05:48

I bought some at 301 on Friday. Dropped sub 300 in to the close but quite a bad day generally for markets so not surprised.Nice yield around that price.

[pvb] 24/1/2014 17:59

Zero premium or even slight discount now.

[dgo] 12/1/2014 13:04

It's close now at 0.2% premium, Ill wait for a discount before I pile in.

[bikeaholic] 09/1/2014 09:24

Given the yield, I'm surprised its gone as low as it has.

[pvb] 06/1/2014 19:41

Still not really going to a discount, is it? It's the (popular) yield I guess.

[pvb] 16/11/2013 00:06

Annual results out, annual _management fee reduced from 1% to 0.9% of net assets. No _performance fee.

[pvb] 25/9/2013 17:08

Perhaps this is the best we can hope for in the current situation:

As at close of business on 24th September 2013, the unaudited net asset value per share, calculated in accordance with the AIC formula (including current financial year revenue items) was 324.1p.

As at close of business on 24th September 2013, the unaudited net asset value per share (calculated excluding current financial year revenue items) was 317.3p.

I guess in these low interest times, we may have to just give up for now on waiting for a discount on a high yield trust.

Hope we don't live to regret it!

[pvb] 28/8/2013 11:25

"As at close of business_ on 23rd August 2013, the unaudited net asset value per share (calculated excluding current _financial year revenue items) was 306.3p."

What we could do with now is a significant discount to NAV. Damn! Whatever happened to those IT discounts?

[kiwi2007] 23/8/2013 05:58

The man from PIMCO was voicing his concerns regarding the global market yesterday in the FT.
Regarding the EM which includes most of these investments he said:-

Emerging markets. Having been on the receiving end of significant private capital flows prompted by the Fed's quantitative easing, these markets require credible signals of solid growth prospects. Otherwise, both the prospect and reality of destabilising capital outflows increase the risks of internal policy slippages and an unbalanced policy mix, a phenomenon that is already evident in some countries.



Expect volatility this Autumn.

[4spiel] 22/8/2013 13:13

I think the drop is due to the weakness in the Asian currencies that arises from the likelihood of Fed tapering 'lite' at least.This will reduce returns from holdings together with the Chinese contraction rubbing off. I note they have increased the dividend but I am not sure how sustainable this increase is or how it has been funded. This was a very good fund and in the future may well continue to be so in the short term there is weakness - maybe to buy back in if you can catch the bottom -maybe 280-290 ? It really depends how much these two factors have further to run.

[pvb] 22/8/2013 12:56

May? Wasn't that in June and was, I believe, the market drop precipitated by the first statements from the FED about QE being ended in the near future.

[bikeaholic] 22/8/2013 09:42

Anybody know the cause of the big drop in May?

[pvb] 21/8/2013 17:19

Buying opportunities in the Far East coming up?

[pvb] 08/8/2013 12:20

Good news about the reduction in annual management charges:



The trust does not have, and AFAIK never did have, a performance fee for the managers.

The City of London (CTY) trust has recently announced it is dropping its management performance fee, this follows the same earlier move by Bankers IT (BNKR). All good news for IT investors.

[droid] 26/7/2013 15:34

So, back to a 5.2% yield.

[4spiel] 26/7/2013 14:01

Quarterly dividend increased from 4.10p to 4.40p. Goodachievement in these times.

[4spiel] 17/6/2013 01:05

It would be nicer to add at 250p . Never add above what you first paid !

[bikeaholic] 04/6/2013 09:18

I'd rather it didn't go below 350.

[kiwi2007] 18/4/2013 02:05

Half year report - I like what I read and I might add these rather than more iShares DJ Asia/Pacific Select Dividend 30 (IAPD)