MURRAY INCOME TRUST PLC ORD GBP0.25

Symbol: MUT

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Invest in this share within an ISA, JISA, SIPP or Investment Account

Past Performance

  • 17th Apr 2021 to 17th Apr 20224.47%
  • 17th Apr 2022 to 17th Apr 20232.79%
  • 17th Apr 2023 to 17th Apr 2024-1.33%
  • 17th Apr 2024 to 17th Apr 20251.28%
  • 17th Apr 2025 to 17th Apr 202621.04%

Key Information

Benchmark FTSE All Share
Sector IT UK Equity Income
Gearing 107%
Ex-Dividend Date 12 Feb 2026
Dividend Pay Date 12 Mar 2026
Total Dividends - Year to Date40
Dividend Yield (%)4.2061

Net Asset Value (Nav)

Latest actual NAV 1,049.64
Latest actual NAV date 15/04/2026
NAV frequency Daily
Premium/Discount -7.31%

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.
0.896%
Performance Fee No
AMC %
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

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

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 fee

Includes 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 charges

Any 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 costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
0.896%
Total (£)

Total (£)

Costs per annum displayed in monetary value
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
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
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
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
What you might get back at with charges applied

What you might get back at with charges applied

These 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

Murray Income Trust PLC is a United Kingdom-based investment trust. The Company's investment objective is to achieve a high and growing income combined with capital growth through investment in a portfolio principally of United Kingdom equities. The Company’s investment policy is to invest in the shares of companies that have the potential for real earnings and dividend growth, while at the same time providing an above-average portfolio yield. The Company invests in various sectors, such as financials, industrials, consumer discretionary, consumer staples, healthcare, energy, utilities, basic materials, technology, real estate and telecommunications. The Company's alternative investment fund manager is Artemis Fund Managers Limited.

Financial Summary

BRIEF: For the six months ended 31 December 2025, Murray Income Trust plc revenues increased from -£18.7M to £77.7M. Net income totaled £73.7M vs. loss of £22.1M. Revenues reflect Gains/(losses) on investments increase from -£36M to £62.3M, Money Market Interest increase of 74% to £675K, Interest Receivables increase from £5K to £16K. Dividend per share remained flat at £0.19.

Performance

  • Chart Options

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      Cumulative Performance

      1 month3 months6 months1 year3 years5 years
      5.20% 3.08% 5.58% 21.04% 20.96% 29.89%

      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

      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.

      Fund Provider Factsheet
      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. &nbsp;
      FUND PROVIDER FACTSHEET
      175,486 bytes PDF Document; last updated 28 Feb 2026
      Key Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INFORMATION DOCUMENT
      788,309 bytes PDF Document; last updated 02 Mar 2026
      Product-Level Sustainability Report
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      5,283,429 bytes PDF Document; last updated 30 Jun 2025
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      2,738,491 bytes PDF Document; last updated 31 Dec 2025

      Management Team

      Adrian Frost Andy Marsh Nick Shenton Jamie Lindsay

      Adrian Frost has managed this fund for 1 month.

      Adrian Frost Adrian manages Artemis' UK equity income strategies, alongside co-managers Nick Shenton and Andy Marsh, and has done so since he joined the firm in January 2002. After graduating from Jesus College, Cambridge, Adrian began his investment management career at Deutsche Asset Management (Morgan Grenfell) in 1983. He was appointed a director there in 1990 and head of UK equities in 1996. In 2020, Adrian received Investment Week’s ‘Outstanding Fund Manager Over 25 Years’ award.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Andy Marsh has managed this fund for 1 month.

      Andy Marsh Andy has worked on Artemis’ UK equity income strategies alongside Adrian Frost and Nick Shenton since February 2018. He arrived here after more than a decade managing money at Polar Capital where he was a partner. Having originally qualified as an accountant in 1997 at Ernst & Young, Andy worked as an analyst for ING Charterhouse and then for Merrill Lynch before a stint at Investec's investment bank as head of equity sales. Andy leads Artemis’ mentoring scheme.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Nick Shenton has managed this fund for 1 month.

      Nick Shenton Nick joined Artemis in 2012 to run income mandates alongside Adrian Frost and Andy Marsh. After studying economics with French at the University of Nottingham, he started his career at F&C Asset Management in 2003. He spent four years there as an analyst and assistant fund manager on the UK and pan-European equities desks. In 2007, Nick moved to Polar Capital as a fund manager on the UK long/short equity hedge fund.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Jamie Lindsay has managed this fund for 1 month.

      Jamie Lindsay Jamie joined Artemis in March 2019 and is an analyst on the Artemis Income strategy. Since joining Artemis in 2019 he has worked on the Artemis Alpha Trust, Artemis European Select strategy and Artemis Strategic Assets strategy. He graduated in 2014 from the University of Oxford with a BA in History & Economics before joining Citigroup as an analyst. He then moved to Pcubed as a management consultant, focusing on risk measurement & reporting. Jamie is a CFA charterholder.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      30/06/2025

      30/06/2024

      30/06/2023

      30/06/2022

      30/06/2021

      30/06/2020

      Total Revenue 30.19 102.65 82.21 -32.98 167.30 -24.52
      Gross profit 23.98 96.39 75.96 -39.29 162.95 -28.32
      Operating Profit/Loss 22.89 95.05 74.57 -40.64 161.50 -29.42
      Profit Before Tax 22.89 95.05 74.57 -40.64 161.50 -29.42
      Profit After Tax 22.88 94.78 73.49 -41.10 161.22 -29.82
      Equity Holders of Parent Company 22.88 94.78 73.49 -41.10 161.22 -29.82
      Minority Interest NIL NIL NIL NIL NIL NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      30/06/2025

      30/06/2024

      30/06/2023

      30/06/2022

      30/06/2021

      30/06/2020

      Total Non-Current Assets 1,011.05 1,073.53 1,098.31 1,098.79 1,202.29 561.21
      Total Current Assets 22.53 37.66 22.39 29.19 12.84 21.22
      Total Assets 1,033.58 1,111.19 1,120.70 1,127.99 1,215.13 582.43
      Total Liabilities 116.84 120.91 121.52 118.73 121.27 48.07
      Total Net Assets 916.74 990.28 999.18 1,009.26 1,093.86 534.36
      Shareholders Funds 916.74 990.28 999.18 1,009.26 1,093.86 534.36
      Minority Interests NIL NIL NIL NIL NIL NIL
      Total Equity 916.74 990.28 999.18 1,009.26 1,093.86 534.36

      Investment involves risk. You may get back less than invested.