ABRDN EQUITY INCOME TRUST PLC ORD GBP0.25
Symbol: AEI
Whilst we endeavour to price investments on a real-time streaming or 15 min delayed basis, some prices may be as at close of business from the previous working day.
Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 9th Aug 2017 to 9th Aug 20188.60%
- 9th Aug 2018 to 9th Aug 2019-20.12%
- 9th Aug 2019 to 9th Aug 2020-22.13%
- 9th Aug 2020 to 9th Aug 202141.82%
- 9th Aug 2021 to 9th Aug 2022-2.21%
Key Information
| Benchmark | FTSE All Share |
| Sector | IT UK Equity Income |
| Gearing | 113% |
| Ex-Dividend Date | 26 May 2022 |
| Dividend Pay Date | 17 Jun 2022 |
| Total Dividends - Year to Date | 20.6 |
| Dividend Yield (%) | 6.233 |
Net Asset Value (Nav)
| Latest actual NAV | 357.45 |
| Latest actual NAV date | 5/08/2022 |
| NAV frequency | Daily |
| Premium/Discount | -8.88% |
Charges
|
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.3457% |
| Performance Fee | No |
| AMC | 0.65% |
|
Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.35% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here |
0.35% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.3457% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
abrdn Equity Income Trust plc, formerly Aberdeen Standard Equity Income Trust plc, is a United Kingdom-based closed-end investment company. The Company's investment objective is to provide shareholders with an above average income from their equity investment while also providing real growth in capital and income. The Company invests in a diversified portfolio consisting mainly of quoted United Kingdom equities, which will normally comprise between 50 and 70 individual equity holdings. The Company's portfolio includes financials, consumer discretionary, basic materials, industrials, consumer discretionary, consumer staples, real estate, telecommunications, health care, and consumer staples. The Company may invest in convertible preference shares, convertible loan stocks, gilts and corporate bonds. Aberdeen Standard Fund Managers Limited is the investment manager of the Company.
Financial Summary
BRIEF: For the six months ended 31 March 2022, abrdn Equity Income Trust PLC revenues decreased 87% to £5.5M. Net income decreased 89% to £4.5M. Revenues reflect Net gains/ (losses) on investments at fa decrease of 98% to £815K, Special dividends decrease from £93K to £0K, Other Revenue decrease from £2K to £0K. Net income also reflects Administrative expenses increase of 8% to £209K (expense). Dividend per share increased from £0.10 to £0.11.
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| 1.07% | -7.11% | -8.16% | -2.21% | 8.00% | -6.31% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
173,237 bytes PDF Document; last updated 30 Jun 2022
48,477 bytes PDF Document; last updated 01 Aug 2022
1,926,512 bytes PDF Document; last updated 30 Sep 2021
660,372 bytes PDF Document; last updated 31 Mar 2022
Management Team
Thomas Moore
has managed this fund for 10 years and 8 months.
Thomas is an Investment Director within the UK equities team. He began his career in 1998, joining Schroder Investment Management as Assistant Fund Manager, UK Equities. He joined Standard Life Investments in 2002 as an Investment Analyst. He then managed EMEA portfolios before moving to the UK equities team in 2006. His responsibilities include managing the UK Equity Income Unconstrained Fund, an institutional fund, the Standard Life UK Equity Income Trust and analysing the banks and financial services sectors. Thomas began managing the Standard Life Equity Income Trust in November 2011.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
30/09/2021 |
30/09/2020 |
30/09/2019 |
30/09/2018 |
30/09/2017 |
30/09/2016 |
|---|---|---|---|---|---|---|
| Total Revenue | 56.72 | -48.02 | -23.56 | 15.11 | 33.42 | 4.44 |
| Gross profit | 55.22 | -49.53 | -25.69 | 12.99 | 31.51 | 2.61 |
| Operating Profit/Loss | 54.84 | -50.00 | -26.11 | 12.63 | 31.18 | 2.15 |
| Profit Before Tax | 54.84 | -50.00 | -26.11 | 12.63 | 31.18 | 2.15 |
| Profit After Tax | 54.72 | -50.19 | -26.15 | 12.58 | 31.14 | 2.12 |
| Equity Holders of Parent Company | 54.72 | -50.19 | -26.15 | 12.58 | 31.14 | 2.12 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
30/09/2021 |
30/09/2020 |
30/09/2019 |
30/09/2018 |
30/09/2017 |
30/09/2016 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 207.42 | 157.80 | 229.28 | 266.74 | 261.92 | 214.02 |
| Total Current Assets | 4.78 | 1.70 | 6.06 | 3.27 | 4.91 | 12.30 |
| Total Assets | 212.19 | 159.50 | 235.34 | 270.01 | 266.83 | 226.32 |
| Total Liabilities | 29.26 | 20.31 | 33.87 | 31.56 | 29.56 | 26.59 |
| Total Net Assets | 182.93 | 139.20 | 201.47 | 238.45 | 237.27 | 199.73 |
| Shareholders Funds | 182.93 | 139.20 | 201.47 | 238.45 | 237.27 | 199.73 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 182.93 | 139.20 | 201.47 | 238.45 | 237.27 | 199.73 |