Standard Life Invs Property Inc Tst Edison reviews Standard Life Inv Pty. Inc. Trust
December 07 2017 - 9:50AM
RNS Non-Regulatory
TIDMSLI
Standard Life Invs Property Inc Tst
07 December 2017
London, UK, 7 December 2017
Edison issues review on Standard Life Inv. Property Income Trust
(SLI)
Standard Life Investments Property Income Trust (SLI) holds an
actively managed portfolio of UK commercial property. Since
September 2006, the trust has been managed by Jason Baggaley, who
aims to generate an attractive level of income with the potential
for income and capital growth. SLI has a strong performance track
record - its NAV total return has outperformed its benchmark IPD
Monthly Index Funds (quarterly version) over one, three, and five
years, while its share price total return has also outperformed
over 10 years. SLI regularly trades at a premium, which the board
aims to manage via share issuance.
SLI's current 5.5% premium to NAV compares to the average
premiums of 8.0%, 6.6% and 7.7% over the last one, three, and five
years respectively. The board issues equity, aiming to limit the
premium; so far in 2017, an additional 3.5% of ordinary shares have
been issued. Over each of the last five years, the annual dividend
has either grown or held steady, compounding at an average annual
rate of 1.3%. Based on the current share price, SLI has a dividend
yield of 5.2%.
Click here to view the full report.
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For more information please contact Edison:
Mel Jenner, +44 (0)20 3077 5720
Gavin Wood, +44 (0)20 3681 2503
investmenttrusts@edisongroup.com
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