Please be aware of scams that can affect investors.
The Company currently conducts its affairs so that securities issued by The North American Income Trust plc can be recommended by financial advisers to ordinary retail investors in accordance with the FCA’s rules in relation to non-mainstream Pooled investment products (NMPIs) and intends to continue to do so for the foreseeable future.
The Company’s securities are excluded from the FCA’s restrictions which apply to non-mainstream investment products because they are securities in an investment trust.
The value of investments and the income from them may go down as well as up and investors may get back less than the amount invested. The tax benefits relating to ISA investments may not be maintained. Please refer to the Key Facts documents contained in the ISA/Share Plan Brochure & Application form for general and specific investment risks attaching to the individual trusts.Read the detailed Risk Warning
Past performance is not a guide to future results.
See latest monthly factsheet below for performance history.
At close 16-Apr-2014Ord
|Net Dividend Yield||3.36%|
Source: Morningstar, NAV = Net Asset Value, excluding income.
To provide investors with above average dividend income and long term capital growth through active management of a portfolio consisting predominantly of S&P 500 US equities. Dividends - paid semi-annually in first year; quarterly thereafter.
In this webcast, Paul Atkinson gives an update on a wide range of subjects including performance, sector breakdown and the twenty largest investments.
Both the North American equity and US fixed income markets posted gains in February. Stock prices were bolstered largely by an overall positive start to the quarterly corporate earnings season, while generally disappointing US economic data had a positive impact on the bond market. Reflecting the “risk-on” environment during the month, the more cyclical sectors of materials and energy were the strongest performers within the broader-market S&P 500 Index. Conversely, the more stable and dividend-rich sectors underperformed, including telecommunications, which posted a negative return and was the primary market laggard.
In February, we added to the position in diversified global technology company Emerson Electric following a period of share price weakness, and reduced our position in technologyrelated REIT Digital Realty Trust following a period of share price strength. We also trimmed our position in health insurer Aflac.
During the month, Digital Realty Trust announced a 6% increase in its quarterly dividend payout to US$0.83 per share, which, at the month-end share price, was equivalent to an annualised yield of 6.1%. Management noted that the company was able to boost the payment due to expected continued growth in funds from operations (FFO). Digital Realty Trust has raised its dividend 12 times since the company’s initial public offering in 2004. Emerson Electric maintained its quarterly dividend at US$0.43 per share, which represented an annualised yield of 2.6% at the stock’s closing price at 28 February. Aflac’s dividend also was unchanged at US$0.37 a 12-month yield of 3.1% based on the stock price at the end of February.
40 Princes Street,
Registered in Scotland as an Investment Company Number 005218