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Abrdn Equity Income Trust plc (AEI) ORD GBP0.25

Sell:272.00p Buy:279.00p 0 Change: 1.00p (0.36%)
Market closed Prices as at close on 28 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:272.00p
Buy:279.00p
Change: 1.00p (0.36%)
Market closed Prices as at close on 28 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:272.00p
Buy:279.00p
Change: 1.00p (0.36%)
Market closed Prices as at close on 28 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
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.

Objective

The objective of the company is to provide shareholders with an above average income from their equity investment, while also providing real growth in capital and income.
Sector Weight
Financial Services 35.36%
Energy 15.65%
Basic Materials 9.57%
Utilities 7.94%
Consumer Defensive 7.45%
Consumer Cyclical 7.05%
Industrials 6.72%
Real Estate 6.52%
Communication Services 1.62%
Healthcare 0.74%
Country Weight
United Kingdom 86.90%
Australia 4.07%
Switzerland 2.33%
United States 1.96%
South Africa 1.48%
Egypt 1.05%
Germany 0.91%
Canada 0.05%
France 0.00%

Fee Structure

With effect from 1 October 2023, the Companys management fee will be charged at a flat fee of 0.55 per cent. per annum of the Companys Net Asset Value NAV.

Dividend Policy

The Company aims to provide a higher than average income, growing at least in line with the UK rate of inflation. The Company pays quarterly dividends in March, June, September and January each year.

ASSET SPLIT

Total number of holdings: 58.

Trust Manager

Thomas Moore

Manager Bio

Thomas Moore was graduated from Exeter University with a BA in economics and politics. 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 the company 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.

Board Of Directors

Sarika PatelChairman, Mark Little, Caroline Hitch, Nick Timberlake

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

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'.