Henderson Far East Income Limited (HFEL)

Business description

Henderson Far East Income aims to provide investors with a high level of dividends and capital appreciation over the long term, from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets (Asia Pacific region). The fund is classified by the AIC in the Asia Pacific ex-Japan category and, while it does not have a benchmark, sees the FTSE All-World Asia Pacific ex-Japan index as providing the most appropriate comparator. While the fund does hold Japanese investments, they are not expected to be a substantial part of total assets.

Stock data

Market cap.£414.4m
Last close358.30p
High / Low (52 weeks)361.5p / 270.8p
Stock market listingLN, NZ
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Henderson Far East Income - a high yield Asian income portfolio

Tue, 15 Mar 2016 16:07:30 GMT

Is Henderson Far East Income's 6.3% yield too good to be true?

Wed, 14 Oct 2015 10:58:11 GMT

HENDERSON FAR EAST INCOME: Trust delivers 5.7% dividend as investors shun ...

Mon, 12 May 2014 10:09:43 GMT

Henderson Global Investors

Fri, 21 Feb 2014 04:14:02 GMT

Henderson Far East Income Limited (HFEL) to Issue Dividend of GBX 5.10 on ...

Sat, 04 Feb 2017 03:22:30 GMT

Investment summary

Henderson Far East Income (HFEL) seeks to blend the superior growth prospects of investing in Asia with a focus on generating a high income. With a current dividend yield of 6.9%, it is comfortably the highest yielding of its close peer group, and manager Michael Kerley also sees potential for double-digit dividend growth in the portfolio over the next 12 months. Capital performance has been more muted in a period of volatility as investors have focused on the risks arising from a slowdown in China, but NAV total returns in the half-year ended 29 February 2016 were positive in absolute terms and ahead of the FTSE Asia Pacific ex-Japan index benchmark. Having traded at an average premium to NAV of 0.6% since launch in 2007, the fund currently stands at a small discount.

Last updated on 04/05/2016

Key management

Mike Kerley, Fund manager

Company address

Liberté House
19-23 La Motte Street
St. Helier
Jersey
JE2 4SY
Jamaica
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