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Henderson High Income Trust PLC announced its unaudited net asset value (NAV) per share as at the close of business on 16 September 2021. The NAV per share, calculated using the AIC formula including current financial year revenue items, was 176.4p, and 172.8p with debt marked at fair value. Excluding current financial year revenue items, the NAV per share was 176.3p, and 172.6p with debt marked at fair value, with the dividend deducted as the Company's shares were ex-dividend.
| Date | 17 Sept 2021 |
| Time | 11:44:30 |
| Category | Corporate updates |
| ID | 1735M |
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Trust Name |
HENDERSON HIGH INCOME TRUST PLC
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Legal Entity Identifier
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213800OEXAGFSF7Y6G11 |
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NAV Details |
As at close of business on 16 September 2021, the unaudited net asset value per share calculated in accordance with the AIC formula (including current financial year revenue items) was 176.4p and the net asset value per share with debt marked at fair value was 172.8p. As the Company's shares are now ex-dividend, the dividend has been deducted from the net asset value.
As at close of business on 16 September 2021, the unaudited net asset value per share (excluding current financial year revenue items) was 176.3p and the net asset value per share with debt marked at fair value was 172.6p.
Debt marked at fair value is the Company's estimate of the "fair value" of its senior unsecured notes. The current estimated fair value of the Company's senior unsecured notes is based on a discount rate calculated using the redemption yield of the relevant existing UK Gilt plus a credit spread determined by the difference in redemption yields between the ICE BofAML 10-15 Year A Sterling Non-Gilt Index and the ICE BofAML 10-15 Year UK Gilt Index. The discount rate is calculated and updated at each month-end and applied daily to determine the Company's published fair value NAVs.
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For further information, please call: |
Wendy King Janus Henderson Investors Telephone: 020 7818 1818
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