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Edison reviews Standard Life Inv Pty. Inc. Trust
Edison reviews Standard Life Inv Pty. Inc. Trust.
About this update from Abrdn Property Income Trust Limited
[{"type":"text","content":"\n \nRNS Number : 7224Y Standard Life Invs Property Inc Tst 07 December 2017 \n\n \nLondon, UK, 7 December 2017\nEdison issues review on Standard Life Inv. Property Income Trust (SLI)\nStandard 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.\n \nSLI'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%. \nClick here to view the full report.\n \nAll reports published by Edison are available to download free of charge from its website\nwww.edisoninvestmentresearch.com\nAbout 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.\nEdison is authorised and regulated by the Financial Conduct Authority.\nEdison 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. \nFor more information please contact Edison:\nMel Jenner, +44 (0)20 3077 5720\nGavin Wood, +44 (0)20 3681 2503\[email protected]\n \nLearn m...