NORTH AMERICAN INCOME TST (THE) PLCORD GBP0.05
Symbol: NAIT
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 10th Dec 2019 to 10th Dec 2020-15.43%
- 10th Dec 2020 to 10th Dec 202121.06%
- 10th Dec 2021 to 10th Dec 202213.15%
- 10th Dec 2022 to 10th Dec 2023-9.18%
- 10th Dec 2023 to 10th Dec 202430.49%
Key Information
Benchmark | Russell 1000 Value |
Sector | IT North America |
Gearing | 106% |
Ex-Dividend Date | 10 Oct 2024 |
Dividend Pay Date | 31 Oct 2024 |
Total Dividends - Year to Date | 11.9 |
Dividend Yield (%) | 3.5417 |
Net Asset Value (Nav)
Latest actual NAV | 342.11 |
Latest actual NAV date | 6/12/2024 |
NAV frequency | Daily |
Premium/Discount | -10.35% |
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. |
1.272% |
Performance Fee | No |
AMC | 0.80% |
Our Platform Charge
We charge a platform fee of 0.30% per annum on the value of all stocks & shares held across all accounts, minimum £50 and maximum £600 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.30% |
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 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
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 |
1.272% | |
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 |
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 |
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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
The North American Income Trust plc is a United Kingdom-based investment trust. The Company’s objective is to provide investors with dividend income and long-term capital growth through management of a portfolio consisting predominately of S&P 500 United States equities. The Company invests in a portfolio predominantly comprised of S&P 500 constituents. The Company may also invest in Canadian stocks and United States mid and small capitalization companies. The Company may invest up to 20% of its gross assets in fixed income investments, which may include non-investment grade debt. Its investment policy is to invest in all types of securities, including equities, preference shares, debt, convertible securities, warrants, depositary receipts and other equity-related securities. abrdn Inc. acts as the investment manager of the Company. abrdn Fund Managers Limited acts as its alternative investment fund manager.
Financial Summary
BRIEF: For the six months ended 31 July 2024, North American Income Trust PLC revenues increased from -£15.1M to £48.4M. Net income totaled £44.9M vs. loss of £18.9M. Revenues reflect Net gains/(losses) on investments increase from -£28.2M to £37.3M. Dividend per share remained flat at £0.05. Basic Earnings per Share excluding Extraordinary Items increased from -£0.13 to £0.33.
Performance
Cumulative Performance
1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
-0.30% | 12.57% | 14.75% | 30.49% | 34.10% | 37.30% |
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.
441,927 bytes PDF Document; last updated 31 Oct 2024
104,798 bytes PDF Document; last updated 30 Oct 2024
3,612,235 bytes PDF Document; last updated 31 Jan 2024
517,345 bytes PDF Document; last updated 31 Jul 2024
Management Team
Jeremiah Buckley
has managed this fund for 4 months.
Jeremiah Buckley is a Portfolio Manager at Janus Henderson Investors responsible for co-managing the Growth & Income and Balanced strategies. He also serves as Assistant Portfolio Manager on the Opportunistic Growth strategy. In addition, he is a member of the Janus Henderson proxy voting committee. Mr. Buckley joined Janus in 1998 as a research analyst covering the consumer, industrials, financials, media, software and telecommunications sectors. He was Janus’ consumer sector lead for 10 years before transitioning to full-time portfolio management. Mr. Buckley earned his bachelor of arts degree in economics from Dartmouth College, graduating Phi Beta Kappa. While there, he received the Class of ’39 scholarship for academic and athletic achievement and the Class of ’48 male scholar-athlete of the year award. He was also selected for the 1998 Academic All-Ivy Hockey Team and served as the men’s hockey captain from 1997 to 1998. Mr. Buckley holds the Chartered Financial Analyst designation and has 21 years of financial industry experience.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
Year Ending |
31/01/2024 |
31/01/2023 |
31/01/2022 |
31/01/2021 |
31/01/2020 |
31/01/2019 |
---|---|---|---|---|---|---|
Total Revenue | -1.56 | 49.57 | 100.85 | -17.69 | 31.27 | 25.33 |
Gross profit | -5.83 | 45.17 | 96.70 | -20.91 | 27.09 | 21.19 |
Operating Profit/Loss | -6.71 | 44.39 | 96.03 | -21.60 | 26.41 | 20.42 |
Profit Before Tax | -6.71 | 44.39 | 96.03 | -21.60 | 26.41 | 20.42 |
Profit After Tax | -9.17 | 41.82 | 93.87 | -24.08 | 24.27 | 18.38 |
Equity Holders of Parent Company | -9.17 | 41.82 | 93.87 | -24.08 | 24.27 | 18.38 |
Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
Year Ending |
31/01/2024 |
31/01/2023 |
31/01/2022 |
31/01/2021 |
31/01/2020 |
31/01/2019 |
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Total Non-Current Assets | 454.93 | 486.94 | 470.97 | 404.26 | 410.80 | 421.47 |
Total Current Assets | 22.24 | 29.37 | 19.59 | 11.81 | 23.70 | 21.37 |
Total Assets | 477.17 | 516.31 | 490.56 | 416.08 | 434.50 | 442.83 |
Total Liabilities | 40.69 | 43.42 | 42.10 | 40.66 | 20.55 | 44.18 |
Total Net Assets | 436.48 | 472.89 | 448.46 | 375.42 | 413.95 | 398.66 |
Shareholders Funds | 436.48 | 472.89 | 448.46 | 375.42 | 413.95 | 398.66 |
Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
Total Equity | 436.48 | 472.89 | 448.46 | 375.42 | 413.95 | 398.66 |