Henderson High Income invests in a prudently diversified selection of both well-known and smaller companies to provide investors with a high dividend income stream while also maintaining the prospect of capital growth.
Investment Policy
In normal circumstances the company will invest up to 80% of its gross assets in equities and up to 20% of its gross assets in fixed income (in companies of any size that are either listed in, registered in, or whose principal business is in the UK). Within these limits a maximum of 30% of gross assets may be invested outside of the UK.
We have published some notes that aim to explain how the fund works:
- The trust that delivers was our initiation note, published on 26 November 2019
- Able to commit to the dividend, published on 20 May 2020, looked at how the trust was coping with COVID
- Robust high yield, published on 4 December 2020, was an annual overview note that looked at the trust’s performance over 2020
- A taste of more to come, published on 25 August 2021, discussed how the trust had fared as hopes of a recovery from COVID grew
- Last man standing published on 26 April 2022, refers to HHI’s position as the only constituent of the equity and bond income sector
- Does what it says on the tin published on 21 December 2022, looks at how HHI is positioned in the face of a slower economy
- There’s value in value, published on 6 September 2023, looks at the benefits of HHI’s investment approach
- Merger terms agreed, published on 4 October 2023, looks at the proposed combination of Henderson High Income with Henderson Diversified Income
- Improving outlook on a double discount, published on 14 December 2023
The fund manager’s website can be found here
You can view our interviews with the company’s Fund Managers below:
12th August 2022: David Smith – Weekly Show