Edison review on Murray International Trust (MYI)

London, UK, 17 April 2020

Edison issues review on Murray International Trust (MYI)

Murray International Trust (MYI) is managed by Bruce Stout and the global equity income team at Aberdeen Standard Investments (ASI). They aim to generate an above-average dividend yield, and long-term income and capital growth, from a diversified portfolio of global equities and fixed income securities. The manager has an unconstrained investment approach, and favours emerging over developed markets, highlighting these regions' above-average growth prospects and orthodox monetary and fiscal policies. Portfolio turnover is very modest at c 10% pa, implying an average 10-year holding period for the fund's investments.

MYI is currently trading at a 0.7% discount to cum-income NAV, which compares with the 0.5% to 1.2% range of average premiums over the last one, three and five years. The trust's board employs a progressive dividend policy; over the last 10 years, the annual distribution has compounded at 7.1% pa. Based on its current share price, MYI offers an attractive 5.7% dividend yield.  

Click here to view the full report.

Subscribe to Edison's content to receive reports by email.

All reports published by Edison are free-to-access and available on the website.

About Edison: Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world-renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisers and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information please contact Edison:

Mel Jenner, +44 (0)20 3077 5720

Sarah Godfrey, +44 (0)20 3681 2519

[email protected]

Learn more at www.edisongroup.com and connect with Edison on: 

LinkedIn        https://www.linkedin.com/company/edison-group- 

Twitter           www.twitter.com/Edison_Inv_Res 

YouTube       www.youtube.com/edisonitv