Annual Overview from QuotedData

Henderson High Income Trust PLC

23 September 2024

 

Henderson High Income - Annual Overview from QuotedData

18^th September 2024

London's finally calling

Henderson High Income (HHI) may represent one of the better opportunities for income investors to capitalise on the resurgence of the UK market. Thanks, in part, to its historically wide 8.7% share price discount to net asset value (NAV) and enticing 6.3% dividend yield, but also given that its long-term NAV returns have outperformed not only the broader UK market but also both its closed- and open-ended peers.

The resurgence of the UK market can be attributed to several factors. For one, the UK continues to offer investors not only the most attractive valuations in the developed world, but also one of the highest dividend yields. This comes in conjunction with a new Labour government in the UK, which is likely to be more stable than the previous administration, and follows the first interest rate cut by the Bank of England since COVID-19, marking a clear shift towards a more accommodative interest rate policy. The result is that the UK has removed two oft-cited excuses for avoiding its equity market and could help to attract back investors who have previously been avoiding the region.

Full Research:

https://quoteddata.com/research/henderson-high-income-londons-finally-calling-qd/

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NB: Marten & Co was paid to produce this note on Henderson High Income Trust Plc, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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