Henderson Far East Income (LSE: HFEL)

Last close As at 21/02/2024

GBP2.16

−1.00 (−0.46%)

Market capitalisation

GBP352m

Henderson Far East Income aims to provide shareholders with a growing total annual dividend per share and capital appreciation, from a diversified portfolio of investments in the Asia-Pacific region. It has stock market listings in London and New Zealand.

Latest Insights

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Investment Companies | Update

Henderson Far East Income — A fully covered 10% dividend yield

Investment Companies | Update

Henderson Far East Income — A strong recovery in dividend income for H122

Equity Analyst

Melanie Jenner

Mel Jenner

Director, Investment Trusts

Key Management

  • Mike Kerley

    Fund manager

  • Sat Duhra

    Fund manager

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 3.6 3.85 (21.02)
Relative 1.11 1.14 (17.82)
52 week high/low 274.5p/197.8p

Overview

Henderson Far East Income (HFEL) is managed by Mike Kerley and Sat Duhra, who are genuine income investors. This is evidenced by the trust’s very attractive double-digit dividend yield, which is well above its peer group, and is a ‘natural’ distribution as it is fully paid out of income. HFEL’s managers have been increasing the trust’s allocation to Chinese-listed companies in anticipation of a post-COVID economic recovery in the country; China now makes up around a quarter of the fund. Meanwhile, they have retained an underweight position in Taiwanese and technology stocks, given the limited yields and more demanding valuations.

Thematics

The Merchants Trust_resized

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Investment Companies

Protected: The Merchants Trust Equity Proposition

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European equities

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Listed Private Equity

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