North American Income Trust plc (NAIT) ORD GBP0.05
The North American Income Trust plc is an investment trust. The Company's objective is to provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting of S&P 500 United States equities. It may also invest in Canadian stocks and United States mid and small capitalization companies to provide for diversified sources of income. The Company may invest approximately 20% of its gross assets in fixed income investments, which may include non-investment grade debt. The Company may borrow up to an amount equal to approximately 20% of its net assets. The Company may invest in open-ended collective investment schemes and closed-ended funds that invest in the North American region. It invests in sectors, such as financials, consumer staples, materials, energy, information technology, industrials, healthcare, telecommunications, utilities and consumer discretionary. Its investment manager is Aberdeen Asset Managers Inc.
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'.