Henderson Diversified In... Share Discussion Threads

[cwa1] 24/5/2022 11:41

24 May 2022

HENDERSON DIVERSIFIED INCOME TRUST PLC

DECLARES FOURTH INTERIM DIVIDEND

FOR THE YEAR ENDING 30 APRIL 2022

Henderson Diversified Income Trust plc (the "Company") has declared a fourth interim dividend of 1.10p per ordinary share, in respect of the year ending 30 April 2022, payable on 30 June 2022 to shareholders registered at the close of business on 6 June 2022. The Company's shares will go ex-dividend on 1 June 2022. This dividend is to be paid as an interest distribution for UK tax purposes from the Company's revenue account.

[brwo349] 24/5/2022 11:24

hxxps://quoteddata.com/research/henderson-diversified-income-trust-curve-qd/

Henderson Diversified Income Trust – Ahead of the curve 17 March 2022

Markets were already pricing in a number of interest rate rises this year as central bankers look to choke off inflation. As we explain in this note, the managers have positioned the trust’s conservative and quality-focused portfolio in anticipation of a swift end to this process. That could help trigger the next phase of outperformance by the trust, as bond yields compress and their price rises to reflect lower than expected interest rates.



The trend towards a wider discount over the past year or so may reflect HDIV’s yield and short-term performance relative to its peer group. The recent further widening is likely a reflection of investors’ unease following the invasion of Ukraine.

We feel that it is perverse that investors are not rewarding the conservative nature of HDIV’s portfolio in the current environment. However, if the managers’ expectation of a rapidly deteriorating economy and a swift end to rate rises plays out as they expect, the situation could change quite quickly.

Each year, the directors ask shareholders for permission to allot new shares and buyback existing ones. At the Annual General Meeting (AGM) in September 2021, shareholders approved the issuance of up to 10% of HDIV’s then-issued share capital and the repurchase of up to 14.99% of its then-issued share capital.

The managers say that it is not always easy to repurchase shares at times when the discount is wide. Nevertheless, HDIV has bought back almost 3m shares since our last note was published and it seems likely that repurchases will be made while the discount is as wide as it is.

HDIV does have the option to hold shares that it buys back in treasury, and re-issue them at a later date. However, shares will only be issued at a premium to asset value.

[superiorshares] 24/5/2022 06:49

Interest rate hikes .
In the states they are now talking at least ten over the next couple of years.
Those that follow Jim Cramer he wants the federal reserve to implement an immediate 1 and a half per cent at their next meeting.
Stock market is going South I would imagine .

[brwo349] 23/5/2022 16:25

There you go the nav is going up. It was 77.5p now it's 77.6p.

[peterbill] 22/5/2022 15:40

A potential intrest rate hike by the central bankers could effect the bond market ...

[brwo349] 22/5/2022 14:05

No it will go up if the share price goes down further.

There is a dividend announcement due this week.

[superiorshares] 22/5/2022 10:12

And that yield is set in stone ???

[brwo349] 20/5/2022 20:12

I think the yield is going to act as a brake against further falls. It just feels like the nav is edging down slowly but the shares are steady at 72.5p. Like the nav is of secondary importance if the yield is over 6%.

[cc2014] 20/5/2022 13:38

Jeepers. Nav now at 77.5p.

A share price of 70p doesn't look so ridiculous now.

[superiorshares] 07/5/2022 06:00

Where's the bottom ? .
69p...65p...58p... 52p...47p ??

[essentialinvestor] 04/5/2022 14:55

NAV continuing to fall.

[superiorshares] 28/4/2022 21:55

brw0349
You have too wonder if this is the floor ?
I still think it could go a lot lower ?
I will wait for the next inflation figures . I personally think they will be bad .
Regards to you

[brwo349] 25/4/2022 20:10

Bucking the trend today. FTSE 100 down 2%

[superiorshares] 23/4/2022 16:57

I can't get it out of my head that this will be below 70p in a matter of weeks .

[superiorshares] 21/4/2022 19:42

Well it's holding up above the 70p .
If it doesn't dip below 70p after the 11th May ? . Could be the bottom area ?

[superiorshares] 07/4/2022 05:32

Let's see if Hdiv can hold above 70p between now and the 14th April ?

[superiorshares] 05/4/2022 01:24

Brwo349.
I wish you luck . I think this will turn lower over the next 6 months. Its discount is roughly 10 per cent ish.. I just think that can easily go to 15 per cent.
I am interested in dumping some money into this , basically because after 20 odd years speculating on shares . I am well and truly bored with it all.
I just want somewhere relatively safe and a dividend.
Markets are heading for turmoil I think ?..Inflation is going to be a BIG problem !..I will wait for now .
Good luck to you

[brwo349] 04/4/2022 23:18

Yes I would.
NAV of 83.6p holding and above a couple of weeks ago when it was under 82p

[superiorshares] 29/3/2022 06:21

Brwo349
Inflation will shortly exceed 10 per cent I reckon . Government bonds will soon have a meaningful yield .
Why would you take the risk for 5.8 per cent less charges ?

[brwo349] 23/3/2022 19:31

Inflation is 6.2% and HDIV yields 5.8%. I'm more than happy holding this.

[brwo349] 21/3/2022 19:31

A small rise finally. Hoping it has bottomed out.

I'm thinking about buying some linkers via INXG now that its dropped over 10%.

[peterbill] 06/3/2022 08:20

Professor John Mearsheimer has been one of the most famous critics of American foreign policy since the end of the Cold War.

[superiorshares] 05/3/2022 14:21

ammons
The reason I think it could potentially fall a lot lower is , HDIV may get defaulters
due to the upcoming economy .
Hence a dividend cut ???

[superiorshares] 05/3/2022 14:19

ammons
Correct . Putin has said for a long time Ukraine is administered by Western Advisors.
That will be the CIA, MI5 etc etc .

However it would be the EU that it would be handed too. Plenty of free money for the Public , Makes it very acceptable .
This Ukraine Chap . slenicar . I am liking him less and less. His actions will kill all his soldiers . Silly little upstart !..
Of course, he is not safe in America , he is fighting alongside his fellow countrymen .
When he is killed in the War . I will take my hat off too him . Although I have a feeling that is not going to happen ?