ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

HINT Henderson International Income Trust Plc

166.50
1.50 (0.91%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Henderson International Income Trust Plc LSE:HINT London Ordinary Share GB00B3PHCS86 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 0.91% 166.50 165.50 167.50 165.00 165.00 165.00 449,716 16:35:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 8.55M 3.19M 0.0163 101.23 323.36M

Henderson Intl. Income Trust PLC Edison issues review on Henderson Intl Income T'

21/05/2019 9:10am

RNS Non-Regulatory


TIDMHINT

Henderson Intl. Income Trust PLC

21 May 2019

London, UK, 21 May 2019

Edison issues review on Henderson International Income Trust (HINT)

Henderson International Income Trust (HINT) has been proposed as the default rollover vehicle in the forthcoming planned liquidation of the Establishment Investment Trust, further cementing its position as a trust with a commitment to achieving the benefits of scale (its assets have grown sevenfold since launch in 2011). It has also recently locked in EUR30m of long-term borrowing with a low interest rate of 2.43%, which may allow the manager, Ben Lofthouse, to be more adventurous with gearing in his search for income and growth from sustainably financed non-UK companies trading at unwarranted discounts. HINT's NAV has recovered well from the Q418 market sell-off, and the shares currently yield 3.4%.

At 17 May 2019, HINT's shares traded at a 1.1% premium to cum-income net asset value. This compares with an average premium of 0.7% since launch in April 2011, over which period the trust's assets have grown from c GBP40m to c GBP280m through a combination of performance, share issuance to manage the premium, and corporate actions such as the issue of subscription and C shares, and the rollover of Henderson Global Trust in 2016. HINT has a prospective dividend yield of 3.5%.

Click here to view the full report.

All reports published by Edison are available to download free of charge from its website

www.edisongroup.com

About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information please contact Edison:

Sarah Godfrey, +44 (0)20 3681 2519

Mel Jenner, +44 (0)20 3077 5720

Investmenttrusts@edisongroup.com

Learn more at www.edisongroup.com and connect with Edison on:

   LinkedIn        https://www.linkedin.com/company/edison-investment-research 
   Twitter           www.twitter.com/Edison_Inv_Res 
   YouTube       www.youtube.com/edisonitv 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRAPGUCUAUPBURG

(END) Dow Jones Newswires

May 21, 2019 04:10 ET (08:10 GMT)

1 Year Henderson International ... Chart

1 Year Henderson International ... Chart

1 Month Henderson International ... Chart

1 Month Henderson International ... Chart

Your Recent History

Delayed Upgrade Clock