M&G High Income Geared Unit (LSE:MGHU) - Overview

Investment Trust Report

M&G High Income Geared Unit MGHU

Closing Price
GBX45.00

1 Day Change
0.00|0.00%

As of 07/12/2016

Last Close45.00
52-Wk Range42.75 - 55.50
Tot Assets Mil427.76
Mkt Cap Mil112.73
Yield %15.11
Estimated Nav51.59
Discount % %-12.77
12M Avg Disc %-12.69
Last Actual NAV52.95
Last NAV Date07/12/2016

Share Price Performance (GBP)

Key Statistics (GBP)
Total Assets427.762m
Net Assets427.463m
Market Capitalisation112.727m
Gross Gearing100%
Net Gearing100%
Average Daily Shares Traded (1 Yr)0.026m
Average Daily Value Traded (1 Yr)0.012m
Ongoing Charge (2016)2.87%
DomicileUK
Legal StructureSplit Capital Trust Unit
Traded CurrencyGBP
ISINGB0005532923
Launch Date17 Mar 1997
Financial Year EndMay 2017
Next AGMSep 2015
NAV FrequencyDaily
Dividend FrequencyQuarterly
Cover Ratio
Hurdle RateWipe OutShare Price
All Asset Grown-70.00-5.60
Only Equity Grown-70.00-5.60
Valuation Statistics
 07/12/20161 Yr High1 Yr Low
Price45.0055.5042.75
NAV*51.5964.5943.24
Discount/Premium-12.771.26-26.85
Category Discount---
Z-Statistics (1Yr)-0.01  

Total Returns (GBP) 07/12/2016

 Chg (%)  
More ...
Price-3.74 
NAV-2.36
 
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Income1.600020/10/20162017
Income1.600028/01/20162016
Income1.600015/10/20152016
Income2.000030/07/20152015
Income1.600023/04/20152015

Morningstar Rating™

Not Rated

Morningstar® Category

Other

Benchmarks

Fund Benchmark

FTSE All-Share Index

Morningstar® Benchmark

FTSE 350 High Yield TR GBP
Fund Structure
Share Type# of Shares
Income & Growth Unit250.504m

Investment Objective

To achieve an above average and increasing income over the 20 year life of the Company while at the same time seeking to achieve capital growth.
Managers
Richard Hughes31/12/2000

Directors

Fred Carr, Alex Murray, William J Nott, Andrew Smith
Fund prices are updated every weekday after the close of trading and before 11 p.m. wherever possible. All figures are as at Last Close, on a cum income basis with debt valued at fair and in traded currency unless otherwise stated (we do not fair value debt for split capital trusts). Performance returns are presented in British Pounds (GBP) and calculated on a capital only basis with debt valued at par.
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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