£311.4m market cap
166p last close
Henderson International Income Trust’s investment objective is to provide a high and rising level of dividends as well as capital appreciation over the long term from a focused and internationally diversified portfolio of securities outside the UK. Performance is measured against the MSCI World Ex-UK Index (sterling adjusted). HINT does not invest in issuers whose securities, at the time of investment, are only traded in the UK.
Investment summary
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 €30m 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%.
Sector |
|---|
| Investment companies |
Share price graph
Price performance
% |
1m |
3m |
12m |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|||||||||||||||
| *% relative to local index | |||||||||||||||
Key management |
|
|---|---|
| Wendy King | Chairman |
| Ben Lofthouse | Fund manager |
| Mike Wilson | Head of Investment Trust Sales |
Content on Henderson International Income Trust
You may also be interested in…
- Aberdeen Asian Income Fund
- Aberdeen Diversified Income and Growth Trust
- Aberdeen New Thai Investment Trust
- Aberdeen Standard Equity Income Trust
- Acorn Income Fund
- Atlantis Japan Growth Fund
- Baker Steel Resources Trust
- Bankers Investment Trust (The)
- BioPharma Credit
- BlackRock Emerging Europe
- BlackRock Greater Europe Investment Trust
- BlackRock Latin American Inv. Trust
- BMO Managed Portfolio Trust Growth Portfolio
- BMO Managed Portfolio Trust Income Portfolio
- Canadian General Investments
- CVC Credit Partners European Opps
- Diverse Income Trust (The)
- EJF Investments
- European Assets Trust
- F&C Investment Trust
- Fidelity Asian Values
- Fidelity China Special Situations
- Fidelity European Values
- Fidelity Japan Trust
- Fidelity Special Values
- Finsbury Growth & Income Trust
- Genesis Emerging Markets Fund
- Gulf Investment Fund
- Hansa Trust
- HarbourVest Global Private Equity
- Henderson Alternative Strategies Trust
- Henderson Far East Income
- HgCapital Trust
- Invesco Asia Trust
- JPMorgan Global Convertibles Income Fund
- JPMorgan Global Growth & Income
- Jupiter Green Investment Trust
- Jupiter UK Growth Investment Trust
- Jupiter US Smaller Companies
- Lazard World Trust Fund
- Lowland Investment Company
- Marble Point Loan Financing
- Martin Currie Asia Unconstrained Trust
- Martin Currie Global Portfolio Trust
- Murray Income Trust
- Murray International Trust
- Ocean Wilsons Holdings
- Princess Private Equity Holding
- Schroder AsiaPacific Fund
- ScotGems
- Scottish Oriental Smaller Companies
- Securities Trust of Scotland
- Seneca Global Income & Growth Trust
- Standard Life Investments Property Income Trust
- Standard Life Private Equity Trust
- Standard Life UK Smaller Companies
- Templeton Emerging Markets Investment Trust
- The Biotech Growth Trust
- The Brunner Investment Trust
- The European Investment Trust
- The Law Debenture Corporation
- The Merchants Trust
- The North American Income Trust
- The Scottish Investment Trust
- TR European Growth Trust
- UK Commercial Property REIT
- Utilico Emerging Markets Trust
- Vietnam Enterprise Investments
- VinaCapital Vietnam Opportunity Fund
- Witan Investment Trust
- Witan Pacific Investment Trust
- Worldwide Healthcare Trust