Subscribe
Sign up for timely perspectives delivered to your inbox.
Henderson High Income Trust plc: Full-Year Results
David Smith, Portfolio Manager of Henderson High Income Trust plc, discusses the full-year results for 2022, including the key drivers of performance, areas where he is finding opportunities, the role of bonds in the portfolio, and the outlook for dividends over the coming months.
5 Apr 2023
1 minute watch
1 minute watch
Key takeaways:
- The Company’s net asset value returned -1.9% on a total return basis, outperforming the benchmark’s fall of -3.3%. The overweight to equities versus bonds relative to the benchmark contributed positively to performance, as did the outperformance of individual stocks within the bond portfolio
- The Board declared a dividend of 10.15p per share for 2022, representing a 2.0% increase over the payment in 2021. This marks the 10th consecutive year of dividend growth for the Company.
- Despite the economic uncertainty, the UK equity market remains attractively valued and the focus remains on finding good quality businesses at compelling valuations that can pay and grow attractive dividends
Related insights
5 Apr 2023
1 minute watch
1 minute watch
Key takeaways:
- The Company’s net asset value returned -1.9% on a total return basis, outperforming the benchmark’s fall of -3.3%. The overweight to equities versus bonds relative to the benchmark contributed positively to performance, as did the outperformance of individual stocks within the bond portfolio
- The Board declared a dividend of 10.15p per share for 2022, representing a 2.0% increase over the payment in 2021. This marks the 10th consecutive year of dividend growth for the Company.
- Despite the economic uncertainty, the UK equity market remains attractively valued and the focus remains on finding good quality businesses at compelling valuations that can pay and grow attractive dividends