NAIT

The North American Income Trust plc

Overview

Investment Objective: To provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting predominantly of S&P 500 US equities.

Objective Income & Growth

Share price 305.00p

As of 15/08/2024

Estimated NAV 344.21p

As of 15/08/2024

Discount / Premium -11.39%

As of 15/08/2024

Yield 3.84%

As of 15/08/2024

Change of Manager

Janus Henderson was appointed the AIFM and investment manager of the North American Income Trust with effect from 1 August 2024. Prior to that date, the AIFM of NAIT was abrdn Fund Managers Limited. To keep informed about the trust subscribe to receive email updates:

Subscribe now

Quality companies

Seeking out quality companies to deliver capital and income growth

Dividend growth

Delivering a decade of dividend growth for shareholders

Diversification

Offering UK investors diversification through exposure to the US market

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.

Meet the manager

Hear from Jeremiah Buckley, the Fund Manager of North American Income Trust, about his approach to managing the portfolio and the capabilities of the US Equities team at Janus Henderson.

Watch the video

13 years of growing dividends

North American Income Trust has grown its dividend every year since 2011.

Learn more about our dividend approach and history

Latest Annual Report

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.

Where the Company invests in assets that are denominated in currencies other than the base currency, the currency exchange rate movements may cause the value of investments to fall as well as rise.
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.
All or part of the Company's management fee is taken from its capital. While this allows more income to be paid, it may also restrict capital growth or even result in capital erosion over time.

Janus Henderson Fund Managers UK Limited was appointed as the AIFM of the North American Income Trust with effect from 1 August 2024. Prior to that date, the North American Income Trust’s AIFM was Aberdeen Fund Managers Limited and all information contained in this document should be considered accordingly.
The Company confirms that it currently conducts its affairs so that its ordinary shares of 5p 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

Change of Manager

Quality companies

Dividend growth

Diversification

Meet the manager

13 years of growing dividends

Latest Annual Report

Insights

Meet the manager – The North American Income Trust