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The Henderson Smaller Companies Investment Trust plc

Overview

The Henderson Smaller Companies Investment Trust has been designed to allow investors to benefit from the often overlooked and underappreciated smaller UK companies. These businesses have historically demonstrated the potential to outperform their larger peers over the long term. The fund managers are rigorous in their approach, undertaking hundreds of meetings to delve deeply into smaller businesses and uncover opportunities for growth at a reasonable price.

Investment Objective: The Company aims to maximise shareholders’ total returns (capital and income) by investing in smaller companies that are quoted in the United Kingdom.

Objective Capital Growth

Total Assets £789.34M

As of 31/10/2024

Share price 807.00p

As of 19/12/2024

Estimated NAV 929.00p

As of 19/12/2024

Discount / Premium -13.13%

As of 19/12/2024

Yield 3.35%

As of 19/12/2024

Real growth potential

Find out how we invest in smaller companies with the potential to expand meaningfully in the long term.

A methodical process

Explore our 4M approach (Model, Management, Money, Momentum) and how it has led to consistent dividend growth.*

A robust team

Collaboration. Individualism. Mutual respect. Working together while maintaining diversity of ideas.

Marketing Communication. Past performance does not predict future returns. The value of an investment and the income from it may go down as well as up and you may lose the amount originally invested. Past performance can be viewed here.

Awards and Ratings

AIC Dividend Hero

The Henderson Smaller Companies Investment Trust plc has been awarded the AIC Dividend Hero award for 20 years of dividend growth.

View methodology. Source: AIC, Morningstar calculations, 15/02/2023.
Past performance does not predict future returns.

20 years and counting

In 2023, The Henderson Smaller Companies Investment Trust saw its 20th consecutive year of dividend growth, thanks to our pragmatic method.

Learn more about the dividend history and approach on our Dividends page

Championing the UK’s hidden gems

There are some overlooked treasures to be found within the UK market, and it’s our fund managers’ mission to unearth them. We invest across a range of sectors to uncover exciting companies selected on an individual basis.

See the full breakdown of The Henderson Smaller Companies Investment Trust portfolio

Georgeson Tracing Programme

Henderson Smaller Companies Investment Trust has engaged Georgeson to carry out a tracing and engagement programme that will help find and reunite shareholders in the Company with their unclaimed assets.

Find out more

businessman sitting in park using smartphone

Latest Annual Report

Latest Factsheet

The value of the trusts 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 does not predict future returns.
Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.

If a Company's portfolio is concentrated towards a particular country or geographical region, the investment carries greater risk than a portfolio that is diversified across more countries.
Most of the investments in this portfolio are in smaller companies shares. They may be more difficult to buy and sell, and their share prices may fluctuate more than those of larger companies.
This Company is suitable to be used as one component of several within a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested in this Company.
Active management techniques that have worked well in normal market conditions could prove ineffective or negative for performance at other times.
The Company could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Company.
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 Company's shares, which will trade at a varying discount (or premium) relative to the value of the underlying assets of the Company. As a result, losses (or gains) may be higher or lower than those of the Company's assets.
The Company may use gearing (borrowing to invest) as part of its investment strategy. If the Company utilises its ability to gear, the profits and losses incurred by the Company can be greater than those of a Company that does not use gearing.
Using derivatives exposes the Company to risks different from - and potentially greater than - the risks associated with investing directly in securities. It may therefore result in additional loss, which could be significantly greater than the cost of the derivative.

The Company confirms that it currently conducts its affairs so that its ordinary shares of 25p 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.
For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report. Please refer to the AIFMD Disclosure document and Annual Report of the AIF before making any final investment decisions.
Some documents are available in alternative formats. Click here for information on how to request them.

Overview

Statistics

Real growth potential

A methodical process

A robust team

Awards and Ratings

AIC Dividend Hero

20 years and counting

Championing the UK’s hidden gems

Georgeson Tracing Programme

Latest Annual Report

Latest Factsheet

Insights

What our three new stocks tell us about UK smaller companies: The Henderson Smaller Companies Trust

Trust update: The Henderson Smaller Companies Investment Trust

The Henderson Smaller Companies Investment Trust PLC: Full-Year Results 2024