Pension
FACT BOX
MANAGER : Thomas Moore / LAUNCHED : 15 / 11 / 1991 / DISCOUNT / PREMIUM : -1.4 % / OCF : 0.93 %
CROWN RATING
“ The highly uncertain outlook for the UK and global economies should continue to be relatively beneficial for the trust ’ s overall value stance and its dividend payouts should be resilient , given the strong cash-generation capabilities of the underlying portfolio companies and revenue reserves ,” they said . “ Meanwhile , a reversal in sentiment towards mid and small caps could act as a boost to performance .” Moore said that from a starting point of high dividend cover , many UK stocks should raise their payouts , despite the uncertain economic situation . abrdn Equity Income is up 68.6 % over 10 years , compared with 85.1 % from its sector and 84.9 % from the FTSE All Share .
Performance of trust vs sector and index over 10yrs
abrdn Equity Income Trust ( 68.6 %)
FTSE All Share ( 84.9 %)
IT UK Equity Income ( 85.1 %)
100 %
80 %
60 %
40 %
20 %
0 %
-20 %
Feb13 |
Feb14 |
Feb15 |
Feb16 |
Feb17 |
Feb18 |
Feb19 |
Feb20 |
Feb21 |
Feb22 |
Source : FE Analytics
Issue 92 - February 2023 / 51 /