UK's Aberdeen Equity Income Trust half-year NAV return rises 9.9%, beats FTSE All-Share

Aberdeen Equity Income Trust

28/05/2026 07:12

Overview
UK investment trust's NAV total return rose 9.9% for half-year, beating FTSE All-Share
Revenue return per share increased 10.4% yr/yr; total income up 14.6% to £6.2 mln
Merger with Shires Income PLC boosted scale and portfolio diversification

Outlook
Company expects to pay a total dividend of at least 23.1p per share for the year
Board expects portfolio managers to continue delivering for shareholders despite challenging market conditions

Result Drivers
MERGER IMPACT - Merger with Shires Income PLC increased portfolio diversification and scale
SECTOR ALLOCATION - Outperformance driven by overweight in Energy and strong stock selection in Financials, notably Ithaca Energy and CMC Markets
MANAGEMENT FEE WAIVER - Net revenue benefited from management fee waiver related to merger, reducing ongoing charges

Company press release: ID:nRSb9110Fa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Total Income
 
GBP 6.20 mln

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)