Online Presentation - 11am, 17 October 2024

Murray Income Trust PLC

24 September 2024

 

Murray Income Trust PLC

Legal Entity Identifier (LEI): 549300IRNFGVQIQHUI13

24 September 2024

Online Presentation - Thursday 17 October 2024

Murray Income Trust PLC (the "Company") is pleased to announce an online presentation (the "Presentation") for existing and potential shareholders on Thursday 17 October 2024 from 11am to 12 Noon.

Registration for this event may be found here: https://www.workcast.com/register?cpak=2116517732243511

The Presentation will begin with an introduction by the Chair, followed by an address from the lead portfolio manager, Charles Luke.

Should you have any questions on the Company, please raise them when registering or by sending an email, in advance, to [e-mail]. Participants will also have the opportunity to raise questions during the Presentation. The Board and/or Manager will endeavour to answer all questions submitted but please note that, due to time constraints, this may not be possible.

For further information, please contact:

Stuart Reid

abrdn Holdings Limited

Secretaries

Email: [e-mail]

About the Company

Murray Income Trust PLC, established in 1923, is an investment trust aiming for a high and growing income with capital growth through investment in a portfolio principally composed of UK equities. Managed by abrdn, a leading global asset management company, the Company has a market cap approaching £1 billion, is listed on the London Stock Exchange and is a member of the FTSE 250 Index.

The Company is recognised as a 'Dividend Hero' by the Association of Investment Companies, boasting a 51-year track record of annual dividend increases, making it an attractive choice for risk-averse income seekers. The Manager's investment process prioritises quality characteristics, targeting exceptional companies by thoroughly evaluating their management, finances, and business models first-hand. This rigorous approach aims to build a portfolio capable of delivering a high and growing income, with dividends paid quarterly.

The Manager employs a '3D' investment approach - dependable, diversified, and differentiated - to identify high-quality large-cap companies with robust earnings potential, as well as small and mid-cap companies with strong growth prospects. The ability to invest up to 20% of the portfolio in overseas-listed companies provides differentiation from peers.

The Board of the Company and the Manager believe that investment in the UK equity income sector offers a compelling opportunity, with investors increasingly recognising that dividends are a key driver of long-term total equity returns. Many areas of the UK market have seen dividends rebased and pay-out ratios remain modest, providing a strong foundation for dividend growth. The Manager's focus on quality companies gives investors access to predominantly global businesses capable of delivering appealing long-term earnings and dividend growth.

For more information, or to sign up for regular updates from the Company, please visit: www.murray-income.co.uk.

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