The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
seeks to provide investors with a high dividend income stream while also maintaining the prospect of capital growth
Find out MoreLondon South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
That's my sell showing at 12:21pm. Must be a fluke. Used the money to top up Edinburgh trust as it's the yearly big dividend next week, and I will probably see all my holding then as it November before they pay another dividend and I will see where they are then. I am actually just playing with the shares I still hold in my share dealing account. I intended getting back in BP and Shell before their next dividend, but not at current prices.
Murray International
https://citywire.co.uk/funds-insider/news/murray-internationals-runaway-premium-spells-trouble/a702574?section=funds-insider
@adv1
Very weird
@adv1
" just checked and when I first discovered SDV in Sept 2020, I bought in at 127p, and then topped up at 110p a month later. The stuff that dreams are made of."
That is well after the bottom of the market yet superb gain....greedy bugger!
It's all very weird today - I have noticed they often reduce the price the evening before to reflect it going ex-dividend.
However, I just sold part of my holding to have some cash to top up elsewhere. I was quoted a spread of 176.6 to sell, 179.2 to buy, but my sale price went through at 183.25p. I was so mystified I almost missed it.
Previous post not well explained.
My shares were down as having a share price gain 23.5%
Today showing as a 19% gain and the share price fall of 0.5%?
Assume the fall is based on starting price AND the starting price was below the below the finishing price.
Before opening i checked HHI up 23%. Down as fallen 0.5% but is showing that up 19%.
Am I right in thinking the change is because the fall is based on todays starting price not the previous days finishing price?
We are probably going to get roasted for discussing SDV on here, but just checked and when I first discovered SDV in Sept 2020, I bought in at 127p, and then topped up at 110p a month later. The stuff that dreams are made of.
SDV is a split capital ZDPs redeem 30/04/2025.
132% gearing. I assume but don't know that all the gearing comes from the zeroes. So if you believe the market is going up then this is an obvious choice. HHI had 137% gearing when I bought in January. So you can see the benefits of gearing...when the markets are going up!
Henderson far East was close to the bottom of the market (26/03)
Might have bought more (emphasis on might) but main aim is avoid China as much as possible and nothing whatsoever in the "fangs". The latter is difficult the former is not. I was far from fully invested when crash came. I had in fact predicted it 3 years before.....not for the right reason!
Murray International I doubled up on the day 25/03. It had risen 5% in an hour 6.2% dividend up 38%. Its 5 year figure is 35%. Not a great investment trust in terms of share price growth bottom of the table to be precise. But nearly always trades at premium. At one time a 12% premium? Insufficient US share to keep up with the pack. The manager thinks the world will end tomorrow for developed countries due to government debt. He refers to quantitative easing as economic vandalism!! Definitely a diversefier!!
Again though HHI share price growth has been quite spectacular for a income equity trust over such a short period of time. Bought January.
Used a £30,000 equity release (received January) to buy 6 investment trusts. Total dividends £1385 (last year)interest £780 which I will pay. Leaving me with £600 worth of beer money. Sweeeet. Note £395 broker fee £650 plus vat my solicitors fees. So not really 2.36% interest.
Yes that is SDV. Just shows the power of investing at the right time, on the occasional times we get it right. Just presents the problem of whether to take the profit or keep the yield. I took the profit on Jarvis and BlackRock WM and Energy, but am reluctant to sell SDV or a few others I have a huge yield on.
@Gavster-NBC
Up 17.5% on HFEL (Henderson far East??) I think I am on 8.3% dividend. Slightly better than the 5 year figure. Share price going no where in a hurry. Up 23.5% HHI. Considering the dates of purchase HHI is proving a beauty.
Hi adv1
Just looked at Chelverton. Which fund ?
Smaller market caps size cane be more nimble.
SDV Yield shows as 4%. Capital growth definitely better than HHI though.
Hi Russon.
Not sure what you mean by "Janus is using this share to dump dog trusts from elsewhere just to increase assets under management.".. Could you explain in laymans terms ?
The chart since 2012 shows growth of 50% (Far better than the FTSE) and with the Dividends a return of around 8p a year that's another 50%. Not the most exiting investment in the world but it's decent return and decent yield.
Held shares since 1989/90 launch. Share price stagnant over that period. Have more shares now than some Directors. I fear with the mergers that Janus is using this share to dump dog trusts from elsewhere just to increase assets under management. Waiting to see how this recovers after Covid.
I'm the loser here as a long term holder, only 10 percent up on HHI, with a 6.4 % yield. Just 1 % up on HEFL but just over 7% yield.
I can't believe Chelverton keeps on climbing - 82 percent up and over 8 % yield. Timing is critical !
Hi SD235. I'm similarly happy with HHI, reinvesting the dividends too.
I also bought HEFL, another Henderson trust during a dip and am similarly pleased.
Keeping an eye on the SP here. After next div, 190 could prove to be resistance and a point to trade a position unless the quarterly divs increase.
Bought in January (21) decided the market was going up up and away! Bought for the gearing and the dividend is a very nice bonus. Up 22%, considering it's only 5 months and way after the bottom of the market I am rather pleased with myself.... pity every other purchase isn't as good!!
I would never invest in an IT that charges a performance fee, and in this respect I am disappointed in Janus Henderson with regards to this trust. It really leaves a bad taste in the mouth.
Hi CSDI1962 - only you can answer your question. I also hold a number of dividend paying trusts / shares along with some global investment funds. I hold the accumulation version in each case ie income reinvested.
My global funds have far outperformed all my dividend paying holdings for many years. Some of my best performing funds are listed below:
Fundsmith
Blue Whale Global Growth
Rathbone Global Opportunities
Even my holding in Legal & General International Index, which is a global tracker fund, outperforms my dividend paying holdings. Good luck!
Hi Folks, I have just put 4% of my SIPP in here yesterday at 151.6p looking for a solid income paying fund. The divi is set at 2.475p per qtr, so a fat yield of around 6.6% today. This was funded from the sale of a dividend ETF called IUKD which I had held for a couple of years. The IUKD income had dropped from 52 per share in 2019 to approx 26p in 2020, and coupled with a falling SP this was not a good combination. Luckily I have escaped from IUKD without any loss as I had managed to average down early this year, and lumped with 7 quarters divis. My original purchase was 790p in Feb 2019, followed up at 740p in May 2019 and 501p in mad March this year.
My question is, should I top this fund up with another 4% of my SIPP, or should I buy a separate fund or income trust.
I hold a similar amount in ASEI having just sold out of BERI.
I have looked at ASEI, HHI, MRCH, BHI, CTY as possible options all paying around 6%.
For better diversity I would consider BERI and BRWM, but these have both been on a tear recently, so yields have dropped below 5%, which is my normal min target for an income paying share.
Other shares I hold already are: ASEI, AV, GSK, HHI, IMB, NCYF, PDG, RDSB and VOD.
Cheers - CSDI