Company abrdn Equity Income Trust plc

Equities

SLET

GB0006039597

Investment Trusts

Market Closed - London S.E. 11:35:01 2024-04-26 am EDT 5-day change 1st Jan Change
307 GBX +2.33% Intraday chart for abrdn Equity Income Trust plc +3.54% -0.65%

Business Summary

abrdn Equity Income Trust plc is a United Kingdom-based closed-end investment company. The Company’s investment objective is to provide shareholders with an above average income from their equity investment, while also providing real growth in capital and income. The Company invests in a diversified portfolio consisting mainly of quoted United Kingdom equities, which normally comprises between 50 and 70 individual equity holdings. The Company invests in various sectors, such as financials, energy, basic materials, industrials, utilities, consumer staples, consumer discretionary, real estate, healthcare and telecommunications. The Company may invest in convertible preference shares, convertible loan stocks, gilts and corporate bonds. abrdn Fund Managers Limited is the alternative investment fund manager of the Company.

Sales per Business

GBP in Million2022Weight2023Weight Delta
Equity Securities
100.0 %
14 100.0 % 13 100.0 % -6.80%

Sales per region

GBP in Million2022Weight2023Weight Delta
United Kingdom
100.0 %
14 100.0 % 13 100.0 % -6.80%

Managers

Managers TitleAgeSince
Chief Investment Officer - -
Chief Investment Officer - -
Corporate Officer/Principal - 11-10-31

Members of the board

Members of the board TitleAgeSince
Chairman - 19-10-31
Director/Board Member - 22-07-31
Director/Board Member 65 16-12-31
Director/Board Member - 23-07-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 49,313,767 46,801,379 ( 94.91 %) 1,532,245 ( 3.107 %) 94.91 %

Shareholders

NameEquities%Valuation
Brewin Dolphin Ltd.
35.68 %
17,047,604 35.68 % 60 M p
Hargreaves Lansdown Asset Management Ltd.
7.172 %
3,427,000 7.172 % 12 M p
Rathbones Investment Management Ltd.
4.073 %
1,946,348 4.073 % 7 M p
Abrdn Investment Management Ltd.
3.060 %
1,461,954 3.060 % 5 M p
Liontrust Investment Management Ltd.
2.562 %
1,224,000 2.562 % 4 M p
Ignis Investment Services Ltd.
1.901 %
908,237 1.901 % 3 M p
Consistent Unit Trust Management Co. Ltd.
1.580 %
755,000 1.580 % 3 M p
London & St. Lawrence Investment Co. Plc (Invt Mgmt)
1.202 %
574,566 1.202 % 2 M p
Legal & General Investment Management Ltd.
1.103 %
527,000 1.103 % 2 M p
HSBC Global Asset Management (UK) Ltd.
1.007 %
481,000 1.007 % 2 M p

Company contact information

abrdn Equity Income Trust Plc

Bow Bells House 1 Bread Street

EC4M 9HH, London

+44 131 225 2345

http://www.abrdnequityincome.com
address abrdn Equity Income Trust plc(SLET)
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