Two trusts from Henderson complete our portfolio of investment trusts for the long-term investor. The
Henderson High Income Trust is 25% invested in fixed interest bonds and the like. Its NAV has been rising faster than its share price, which means it is currently on a discount. Its yield is 7.3% which is excellent. It consistently outperforms its competitors. The second trust is also from Henderson -
Henderson Diversified Income Ltd which is entirely devoted to bonds and secure loans, with only 14% in "junk" bonds and another excellent dividend of 7%, though it's TER is high at 1.43%.
The trust's co-manager, Jemma Bernard, confided to the last seminar that she aims for "consistently high income, capital preservation over all periods and the prospect of capital growth over the long term." This fund has also been increasing its value faster than its share price, and is on a discount. A sound buy for income, which should stay steady whatever the ups and downs of the market.
The next seminar will pull together the trusts reviewed over recent months, and ask: "Is this the time to buy?"
The trust's co-manager, Jemma Bernard, confided to the last seminar that she aims for "consistently high income, capital preservation over all periods and the prospect of capital growth over the long term." This fund has also been increasing its value faster than its share price, and is on a discount. A sound buy for income, which should stay steady whatever the ups and downs of the market.
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