Henderson Diversified Income Limited

Ordinary Shares Ticker: HDIV,  ISIN code: JE00B1Y1NS49

Investment objective

The Company seeks to provide shareholders with a high level of income, and capital growth over the long term. The Company aims to deliver these outcomes by investing selectively across the full spectrum of fixed income asset classes including secured loans, high yield corporate bonds and investment grade corporate bonds.

Overview

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.

Potential investors must read the prospectus, and where relevant, the key investor information document before investing.

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Ticker: HDIVOrdinary Shares Currency GBX Price 91.00 Estimated NAV Final NAVs are published daily and announced on the London Stock Exchange.89.21 Discount/premium 2.00% Yield 5.60% Price date 22/03/2017

Ratings and awards

Performance

Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses but does not reflect any ongoing charges or other fund expenses.

Discrete performance

PerformanceDec 2015 - Dec 2016Dec 2014 - Dec 2015Dec 2013 - Dec 2014Dec 2012 - Dec 2013Dec 2011 - Dec 2012
NAV7.50%4.20%7.20%10.20%19.30%
Price6.10%3.70%8.40%10.30%28.90%
© Morningstar 2016. All rights reserved.Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted. Annual return to 31/12/2016

Cumulative performance

Performance1 Month3 Months6 Months1 Year3 Years5 Years
NAV0.18%2.79%1.50%9.46%19.85%50.32%
Price-1.35%1.92%0.65%10.86%19.44%50.07%
© Morningstar 2016. All rights reserved.Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted. Data as at 22/03/2017
Top 10 holdings
Top 10 holdings(%)
Virgin Media Secured Finance 6.25% 20292.0%
Nationwide Building Society1.8%
Co-operative Group 2011 7.50% 20261.8%
Travelport Finance Luxembourg Sarl 4.25% 20211.8%
PGH Capital 6.625% 20251.7%
Diebold Nixdorf 5.25% 20231.6%
Lyngen Bidco 4.00% 20221.6%
eircom Ireland 4.50% 20221.6%
Aramark Services 4.75% 20261.5%
Delta 2 Lux Sarl 4.75% 20211.4%
Source: BNP ParibasSource: BNP Paribas for holdings information and Morningstar for all other data. Differences in calculation may occur due to the methodology used. Data as at 28/02/2017
Geographic breakdown
Sector breakdown
Sector breakdown(%)
High Yield Corporate Bonds49.4%
Loans26.2%
Investment Grade Corporate Bonds21.6%
Preference Shares1.9%
Asset or Mortgage Backed0.7%
Derivatives0.1%
Equities0.0%
Source: BNP ParibasSource: BNP Paribas for holdings information and Morningstar for all other data. Differences in calculation may occur due to the methodology used. Data as at 28/02/2017
Dividends
Ex dividend datePay dateAmount div p/ps
02/03/201731/03/20171.25
02/03/201731/03/20171.25
01/12/201630/12/20161.35
01/12/201630/12/20161.35
01/09/201630/09/20161.25
01/09/201630/09/20161.25
02/06/201630/06/20161.25
02/06/201630/06/20161.25
03/03/201631/03/20161.25
03/12/201531/12/20151.35
03/09/201530/09/20151.25
04/06/201530/06/20151.25
05/03/201531/03/20151.25
04/12/201431/12/20141.35
03/09/201430/09/20141.25
04/06/201430/06/20141.25
© Morningstar 2016. All rights reserved.Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted. Data as at 23/03/2017
Please note: For UK tax payers, investment trust dividend distributions are treated as overseas income and paid with a notional tax credit of 10%. UK resident basic rate taxpayers will have no further liability to tax on dividends. UK resident higher rate tax payers or additional rate tax payers will be liable for further tax. Henderson Global Investors does not give tax advice and you should consult an appropriately qualified professional adviser if you are uncertain about your tax position.
Key data
Objective High Income
Asset class Fixed Income
Benchmark No Benchmark
Sector AIC Global High Income
Regional focus Global
Risk rating Below average
Incorporation date June 2007
Total holdings 151
Please note: Risk ratings are provided by Numis. More information on these ratings can be viewed here.
Please note: Total holdings are updated at the end of each calendar month.

Ordinary Shares

ISIN code JE00B1Y1NS49
Ticker HDIV
SEDOL number(s) B1Y1NS4
General risks
  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance is not a guide to future performance.
  • ​You should note that your tax treatment in relation to any investments held outside an ISA will depend on your individual circumstances and may be subject to change in the future. Governments may change the tax rules which affect you or the Funds in which you have invested.
  • ​If you invest through a third party provider you are advised to consult them directly as charges, performance and terms and conditions may differ materially.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
Specific risks
  • Not all the investments in this portfolio are made in Sterling, so exchange rates could affect the value of and income from your investment.
  • Where the trust invests in assets which are denominated in currencies other than the base currency then currency exchange rate movements may cause the value of investments to fall as well as rise.
  • The Fund may employ leverage as part of its investment strategy when using derivatives. Derivatives may contain a leverage component and consequently any adverse changes in the value or level of the underlying asset, rate or index can result in a loss greater than the amount invested in the derivative itself.
  • Higher-yielding bonds are issued by companies that may have greater difficulty in repaying their financial obligations. High yield bonds are not traded as frequently as government bonds and therefore may be more difficult to trade in distressed markets.
  • The trust may use gearing as part of its investment strategy. If the trust utilises its ability gear, the profits and losses incurred by the trust can be greater than those of a trust that does not use gearing.
  • If a fund is a specialist country-specific or geographic regional fund, the investment carries greater risk than a more internationally diversified portfolio.
General information

Before you invest

Share class:

Announcements

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Please note

Henderson Diversified Income Limited is a Jersey fund, registered at Liberté House, 19-23 La Motte Street, St Helier, Jersey JE2 4SY and is regulated by the Jersey Financial Services Commission.