Henderson European Focus trust NAV 13% down in 'most difficult conditions'

£384m trust

clock • 2 min read

The £384m Henderson European Focus trust has reported its net asset value fell by 13.1% over the last year to September, blaming “some of the most difficult investing conditions in a generation”.

This compared to a NAV growth 22.6% in 2021. It was also slightly behind its benchmark figure of ‑12.8%. The share price total return for the trust was down 18.3%, compared to a growth of 28.8% last year. However, dividends to shareholders in the trust increased 31.4% from 2021.  The proposed final dividend is 3.15p per share, up from 2.35p last year, and makes a total dividend of 4.35p per share, an increase from 3.31p last year.  Shares were trading at a discount to NAV of 14% at the end of September. This compares to 8.3% in 2021. Schroder European Real Estate's NAV decline...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Eleven investment trusts liquidated in first half of 2025

Eleven investment trusts liquidated in first half of 2025

Almost double 2024's total

Sorin Dojan
clock 07 July 2025 • 2 min read
Scottish Mortgage keeping activists at bay with ongoing share buybacks

Scottish Mortgage keeping activists at bay with ongoing share buybacks

£2bn spent on scheme so far

Eve Maddock-Jones
clock 04 July 2025 • 3 min read
IBT's Ailsa Craig and Marek Poszepczynski: Biotech innovation will overcome policy noise

IBT's Ailsa Craig and Marek Poszepczynski: Biotech innovation will overcome policy noise

Sector not primary target of US reforms

Ailsa Craig and Marek Poszepczynski
clock 04 July 2025 • 4 min read
Trustpilot