Menu Menu Menu
Login Login Log in Search Search Search

Aberforth Geared Income Trust plc (AGIT) Ord GBP0.01

Sell:240.00p Buy:246.00p 0 Change: No change  
Market closed Prices as at close on 27 June 2017 Prices delayed by at least 15 minutes | Switch to live prices |
Miscellaneous

Aberforth Geared Income Trust plc Ord GBP0.01

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Shares due 3 Jul 2017
Details (last updated 5 Jun 2017)

The Directors of Aberforth Geared Income Trust plc are putting forward proposals to Shareholders for the reconstruction and voluntary winding-up of the Company which will enable Shareholders to rollover their investment into another Investment Trust or to receive a cash payment.

 

What are my options?
Option 1 – Rollover into Aberforth Split Level Income Trust plc Ordinary Shares (DEFAULT). Shareholders can rollover some or all of their investment into Aberforth Split Level Income Trust (ASLIT) Ordinary Shares. If you would like to receive Ordinary Shares in Aberforth Split Level Income Trust plc, you do not need to give an instruction. Elections for new Shares may be subject to scaling back into cash.

 

Option 2 – Cash option. Shareholders can elect to receive cash in the liquidation of the Company.

 

Before making an election you should read the full details about the Scheme which can be found on Aberforth’s website; http://www.aberforth.co.uk/investment-trusts/aberforth-geared-income-trust/planned-winding-up/.

 

Any instruction to receive the Cash option must be received in this office by noon Thursday 15 June 2017. If no instruction is received you will receive Aberforth Split Level Income Trust plc Ordinary Shares as outlined under Option 1.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:240.00p
Buy:246.00p
Change: No change  
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 27 June 2017 Prices delayed by at least 15 minutes | Switch to live prices |
Miscellaneous

Aberforth Geared Income Trust plc Ord GBP0.01

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Shares due 3 Jul 2017
Details (last updated 5 Jun 2017)

The Directors of Aberforth Geared Income Trust plc are putting forward proposals to Shareholders for the reconstruction and voluntary winding-up of the Company which will enable Shareholders to rollover their investment into another Investment Trust or to receive a cash payment.

 

What are my options?
Option 1 – Rollover into Aberforth Split Level Income Trust plc Ordinary Shares (DEFAULT). Shareholders can rollover some or all of their investment into Aberforth Split Level Income Trust (ASLIT) Ordinary Shares. If you would like to receive Ordinary Shares in Aberforth Split Level Income Trust plc, you do not need to give an instruction. Elections for new Shares may be subject to scaling back into cash.

 

Option 2 – Cash option. Shareholders can elect to receive cash in the liquidation of the Company.

 

Before making an election you should read the full details about the Scheme which can be found on Aberforth’s website; http://www.aberforth.co.uk/investment-trusts/aberforth-geared-income-trust/planned-winding-up/.

 

Any instruction to receive the Cash option must be received in this office by noon Thursday 15 June 2017. If no instruction is received you will receive Aberforth Split Level Income Trust plc Ordinary Shares as outlined under Option 1.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:240.00p
Buy:246.00p
Change: No change  
Market closed Prices as at close on 27 June 2017 Prices delayed by at least 15 minutes | Switch to live prices |
Miscellaneous

Aberforth Geared Income Trust plc Ord GBP0.01

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Shares due 3 Jul 2017
Details (last updated 5 Jun 2017)

The Directors of Aberforth Geared Income Trust plc are putting forward proposals to Shareholders for the reconstruction and voluntary winding-up of the Company which will enable Shareholders to rollover their investment into another Investment Trust or to receive a cash payment.

 

What are my options?
Option 1 – Rollover into Aberforth Split Level Income Trust plc Ordinary Shares (DEFAULT). Shareholders can rollover some or all of their investment into Aberforth Split Level Income Trust (ASLIT) Ordinary Shares. If you would like to receive Ordinary Shares in Aberforth Split Level Income Trust plc, you do not need to give an instruction. Elections for new Shares may be subject to scaling back into cash.

 

Option 2 – Cash option. Shareholders can elect to receive cash in the liquidation of the Company.

 

Before making an election you should read the full details about the Scheme which can be found on Aberforth’s website; http://www.aberforth.co.uk/investment-trusts/aberforth-geared-income-trust/planned-winding-up/.

 

Any instruction to receive the Cash option must be received in this office by noon Thursday 15 June 2017. If no instruction is received you will receive Aberforth Split Level Income Trust plc Ordinary Shares as outlined under Option 1.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
243.00p
Trade high:
241.00p
Year high:
258.00p
Estimated NAV:
251.79
Previous close:
243.00p
Trade low:
241.00p
Year low:
164.00p
Premium/Discount:
-3.49%
Previous:
0.00p (0.00%)
Previous:
0.00p
Volume:
803
Dividend yield:
4.53%
Currency:
GBX
Data delayed by at least 15 minutes.

Price

  • Net Asset Value (NAV)
ABER.INCOME.ORD performance chart

Premium/Discount

ABER.INCOME.ORD performance chart
Full interactive share price and premium / discount charts

Performance

1 week 1W 0.41% 1 year 1Y 33.88%
1 month 1M 1.42% 2 years 2Y 23.51%
3 months 3M 7.11% 3 years 3Y 40.46%
6 months 6M 25.99% 5 years 5Y 169.25%

Performance figures are based on the previous close price. Past performance is not an indication of future performance.

Trust Basics

Benchmark: Numis Smaller Cos inc.ICs TR GBP
Annual management charge: 0.9% of Net Assets
Performance fee: No
Ongoing charge: 1.40%
Dividend yield: 4.53%
Dividend frequency: Semi-Annually
Total assets: £392m
Gross gearing: 100%
Market capitalisation:Market cap.: £266m
Shares in issue: 109.50 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB00B4TR3444

Recent dividends paid or declared by Aberforth Geared Income Trust plc:

Type Ex-div date Payment date Amount
2nd interim 11/05/2017 31/05/2017 8.00p
1st interim 09/02/2017 24/02/2017 3.00p
Special 04/08/2016 25/08/2016 1.00p
2nd interim 04/08/2016 25/08/2016 6.30p
1st interim 11/02/2016 26/02/2016 2.70p
Full dividend history

Five years' total annual Aberforth Geared Income Trust plc dividends:

Financial
year end
Dividend
yield
Dividend
cover
Total dividend
paid
30/06/2016 5.20% 1.28 10.00p
30/06/2015 4.20% 1.38 9.80p
30/06/2014 4.10% 1.29 8.37p
30/06/2013 5.30% 1.30 7.70p
30/06/2012 7.10% 1.27 6.40p

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

Open an easy to manage, low cost dealing account in less than 5 minutes

Deal shares from just £11.95 per trade online, and as low as £5.95 per trade for active traders.

More about the Fund & Share Account

Important Documents

There are no documents available for this stock.

Objective

The Company's investment objective is to provide Ordinary Shareholders with a high level of income, with the potential for income and capital growth, and to provide ZDP Shareholders with a pre-determined final capital entitlement of 159.7p per share on the planned winding-up date on 30 June 2017. The Company will invest in a diversified portfolio of small UK quoted companies.

NET ASSET VALUE (NAV)

Estimated NAV: 251.79
Latest actual NAV: 251.50
Latest actual NAV date: 23 June 2017
Premium/Discount: -3.49%
12m average Premium/Discount: -9.34%
NAV frequency: Daily
Time / date Time Buy / sell Type Volume Price Value
08:02 - 27/06 08:02
27/06
Sell 803 241.00p £1,935.23
17:32 - 26/06 17:32
26/06
n/a 101 239.95p £242.35
12:19 - 26/06 12:19
26/06
Buy 809 244.50p £1,978.01
11:59 - 26/06 11:59
26/06
Sell 42 240.00p £100.80
11:58 - 26/06 11:58
26/06
Sell 59 240.00p £141.60

Trades priced above mid-price at the time a trade is placed are assumed buys, those priced below are assumed sells. Trades priced close to mid-price or declared late are shown N/A. This is not a recommendation. More information.

More trades
×

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’.

Sector Weight
Industrials 34.31%
Consumer Cyclical 28.27%
Basic Materials 10.97%
Financial Services 10.62%
Technology 8.29%
Real Estate 6.51%
Consumer Defensive 4.05%
Communication Services 3.08%
Energy 1.26%
Country Weight
United Kingdom 125.09%

Key Dates

Launch date: 30 April 2010
Financial year end: June
Next AGM: October 2017

Prices provided by NBTrader. Charts and performance data provided by Interactive Data. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV provided by Morningstar.

Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.