Magellan High Conviction Trust announced earnings results for the year ended 30 June 2021. For the period, the company reported Total Net Investment Income of $180,436,000 against $41,609,000 a year ago. Profit was $155,277,000 against $24,932,000 a year ago. Basic and diluted Earnings Per Unit was 25.93 cents against 4.18 cents a year ago.