Murray Income Trust PLC
Legal Entity Identifier (LEI):
549300IRNFGVQIQHUI13
24 September 2024
Online Presentation - Thursday 17 October
2024
Murray Income Trust PLC (the
"Company") is pleased to announce an online presentation (the
"Presentation") for existing and potential shareholders on Thursday
17 October 2024 from 11am to 12 Noon.
Registration for this event may be
found here: https://www.workcast.com/register?cpak=2116517732243511
The Presentation will begin with an
introduction by the Chair, followed by an address from the lead
portfolio manager, Charles Luke.
Should you have any questions on the
Company, please raise them when registering or by sending an email,
in advance, to murray.income@abrdn.com.
Participants will also have the opportunity to raise questions
during the Presentation. The Board and/or Manager will endeavour to
answer all questions submitted but please note that, due to time
constraints, this may not be possible.
For
further information, please contact:
Stuart Reid
abrdn Holdings Limited
Secretaries
Email: cef.cosec@abrdn.com
About the Company
Murray Income Trust PLC, established
in 1923, is an investment trust aiming for a high and growing
income with capital growth through investment in a portfolio
principally composed of UK equities. Managed by abrdn, a leading
global asset management company, the Company has a market cap
approaching £1 billion, is listed on the London Stock Exchange and
is a member of the FTSE 250 Index.
The Company is recognised as a
'Dividend Hero' by the Association of Investment Companies,
boasting a 51-year track record of annual dividend increases,
making it an attractive choice for risk-averse income seekers. The
Manager's investment process prioritises quality characteristics,
targeting exceptional companies by thoroughly evaluating their
management, finances, and business models first-hand. This rigorous
approach aims to build a portfolio capable of delivering a high and
growing income, with dividends paid quarterly.
The Manager employs a '3D' investment
approach - dependable, diversified, and differentiated - to
identify high-quality large-cap companies with robust earnings
potential, as well as small and mid-cap companies with strong
growth prospects. The ability to invest up to 20% of the portfolio
in overseas-listed companies provides differentiation from
peers.
The Board of the Company and the
Manager believe that investment in the UK equity income sector
offers a compelling opportunity, with investors increasingly
recognising that dividends are a key driver of long-term total
equity returns. Many areas of the UK market have seen dividends
rebased and pay-out ratios remain modest, providing a strong
foundation for dividend growth. The Manager's focus on quality
companies gives investors access to predominantly global businesses
capable of delivering appealing long-term earnings and dividend
growth.
For more information, or to sign up
for regular updates from the Company, please visit:
www.murray-income.co.uk.
END