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Pin to quick picksBlackrock Sait Regulatory News (BRSA)

Share Price Information for Blackrock Sait (BRSA)

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Share Price: 196.50
Bid: 195.50
Ask: 196.00
Change: 1.50 (0.77%)
Spread: 0.50 (0.256%)
Open: 195.00
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Low: 195.00
Prev. Close: 195.00
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Portfolio Update

23 May 2024 15:44

BlackRock Sustainable American Income Trust Plc - Portfolio Update

BlackRock Sustainable American Income Trust Plc - Portfolio Update

PR Newswire

LONDON, United Kingdom, May 23

 

BLACKROCK SUSTAINABLE AMERICAN INCOME TRUST PLC (LEI:549300WWOCXSC241W468)All information is at 30 April 2024 and unaudited.Performance at month end with net income reinvested 

 

 

 

One

Month

Three

Months

Six

Months

One

Year

Three

Years

Five Years

Net asset value

-2.2

 5.3

 15.0

 13.6

23.9

51.9

Share price

-0.6

 7.0

 15.9

  6.5

12.8

35.3

Russell 1000 Value Index

-3.4

 6.0

 14.8

 13.9

28.6

57.2

 

At month end

Net asset value - capital only:

218.15p

Net asset value - cum income:

218.39p

Share price:

197.50p

Discount to cum income NAV:

9.6%

Net yield1:

4.1%

Total assets including current year revenue:

£168.3m

Net gearing:

0.3%

Ordinary shares in issue2:

77,076,813

Ongoing charges3:

1.03%

 

1 Based on three quarterly dividends of 2.00p per share declared on 11 May 2023, 3 August 2023 and 2 November 2023 for the year ended 31 October 2023 and one quarterly dividend of 2.00p per share declared on 14 March 2024 for the year ending 31 October 2024 and based on the share price as at close of business on 30 April 2024.

² Excluding 23,284,492 ordinary shares held in treasury.

³ The Company’s ongoing charges calculated as a percentage of average daily net assets and using the management fee and all other operating expenses excluding finance costs, direct transaction costs, custody transaction charges, VAT recovered, taxation and certain non-recurring items for the year ended 31 October 2023.

 

 

Sector Analysis

Total Assets (%)

Financials

19.6

Health Care

17.3

Information Technology

13.6

Consumer Discretionary

10.4

Industrials

8.2

Energy

7.5

Communication Services

6.9

Consumer Staples

5.5

Utilities

5.4

Materials

4.1

Real Estate

1.7

Net Current Liabilities

-0.2

 

-----

 

100.0

 

=====

Country Analysis

Total Assets (%)

United States

88.6

United Kingdom

5.6

France

2.1

South Korea

1.7

Australia

1.2

Switzerland

1.0

Net Current Liabilities

-0.2

 

-----

 

100.0

 

=====

 

 

 #

 

Top 10 Holdings

Country

% Total Assets

Citigroup

United States

3.4

Shell

United Kingdom

2.9

American International

United States

2.9

Kraft Heinz

United States

2.7

Dollar Tree

United States

2.6

Johnson Controls International

United States

2.5

Baxter International

United States

2.4

Cardinal Health

United States

2.3

Hasbro

United States

2.2

Verizon Communications

United States

2.2

 

 

 

 

Tony DeSpirito, David Zhao and Lisa Yang, representing the Investment Manager, noted:

 

For the one-month period ended 30 April 2024, the Company’s NAV decreased by 2.2% and the share price by 0.6% (all in sterling). The Company’s reference index, the Russell 1000 Value Index, returned -3.4% for the period.

 

The largest contributor to relative performance, stemmed from stock selection in consumer discretionary, with selection decisions in leisure products boosting relative performance. Selection decisions in information technology also boosted relative performance, with stock selection and allocation decisions in semiconductors and semiconductor equipment particularly beneficial to relative performance. Other modest contributors during the period at the sector level included selection decisions in health care and financials.

 

The largest detractor from relative performance stemmed from stock selection in consumer staples, most notably in consumer staples distribution and retail. Allocation decisions in utilities modestly detracted from relative performance, with an underweight allocation in electric utilities dragging on relative performance. Other modest detractors during the period included stock selection in materials and an underweight allocation to industrials weighing down relative performance.

 

Transactions

During the month, the Company’s largest purchases included Electronic Arts, Sempra and HP. The Company exited its positions in Zebra Technologies, Visa and Dollar General.

 

Positioning

As of the period end, the Company’s largest overweight positions relative to the reference index were in the health care, consumer discretionary and communication services sectors. The Company’s largest underweight positions relative to the reference index were in the industrials, real estate and financials sectors.

 

Source: BlackRock.

 

23 May 2024

 

Latest information is available by typing blackrock.com/uk/brsa on the internet, "BLRKINDEX" on Reuters, "BLRK" on Bloomberg or "8800" on Topic 3 (ICV terminal). Neither the contents of the Manager’s website nor the contents of any website accessible from hyperlinks on the Manager’s website (or any other website) is incorporated into, or forms part of, this announcement.

 


Release

Date   Source Headline
21st Jun 20245:16 pmPRNTransaction in Own Shares
21st Jun 202411:36 amPRNNet Asset Value(s)
21st Jun 20247:00 amPRNTotal Voting Rights
20th Jun 202411:39 amPRNNet Asset Value(s)
20th Jun 20247:00 amPRNTotal Voting Rights
19th Jun 20245:22 pmPRNTransaction in Own Shares
19th Jun 202411:27 amPRNNet Asset Value(s)
19th Jun 20247:00 amPRNTotal Voting Rights
18th Jun 20245:31 pmPRNTransaction in Own Shares
18th Jun 20241:56 pmPRNNet Asset Value(s)
18th Jun 20247:00 amPRNTotal Voting Rights
17th Jun 20245:55 pmPRNTransaction in Own Shares
17th Jun 202411:56 amPRNNet Asset Value(s)
17th Jun 20247:00 amPRNTotal Voting Rights
14th Jun 20245:16 pmPRNTransaction in Own Shares
14th Jun 202411:40 amPRNNet Asset Value(s)
14th Jun 20247:00 amPRNTotal Voting Rights
13th Jun 20245:17 pmPRNTransaction in Own Shares
13th Jun 202411:37 amPRNNet Asset Value(s)
13th Jun 20247:00 amPRNTotal Voting Rights
12th Jun 20245:21 pmPRNTransaction in Own Shares
12th Jun 202412:16 pmPRNNet Asset Value(s)
12th Jun 20247:00 amPRNTotal Voting Rights
11th Jun 20245:14 pmPRNTransaction in Own Shares
11th Jun 202412:12 pmPRNNet Asset Value(s)
11th Jun 20247:00 amPRNTotal Voting Rights
10th Jun 20245:20 pmPRNTransaction in Own Shares
10th Jun 202411:42 amPRNNet Asset Value(s)
10th Jun 20247:00 amPRNTotal Voting Rights
7th Jun 20246:37 pmPRNTransaction in Own Shares
7th Jun 202411:51 amPRNNet Asset Value(s)
7th Jun 20247:00 amPRNTotal Voting Rights
6th Jun 20245:51 pmPRNTransaction in Own Shares
6th Jun 202411:49 amPRNNet Asset Value(s)
6th Jun 20247:00 amPRNTotal Voting Rights
5th Jun 20245:47 pmPRNTransaction in Own Shares
5th Jun 202411:39 amPRNNet Asset Value(s)
5th Jun 20247:00 amPRNTotal Voting Rights
4th Jun 20245:31 pmPRNTransaction in Own Shares
4th Jun 20241:09 pmPRNNet Asset Value(s)
4th Jun 20247:00 amPRNTotal Voting Rights
3rd Jun 20245:34 pmPRNTransaction in Own Shares
3rd Jun 202412:00 pmPRNNet Asset Value(s)
3rd Jun 20247:00 amPRNTotal Voting Rights
31st May 20245:57 pmPRNTransaction in Own Shares
31st May 202411:40 amPRNNet Asset Value(s)
31st May 20247:00 amPRNTotal Voting Rights
30th May 20245:42 pmPRNTransaction in Own Shares
30th May 202412:09 pmPRNNet Asset Value(s)
30th May 20247:00 amPRNTotal Voting Rights

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