InvestSMART

Intelligent Investor Aus Equity Income Fund (Managed Fund) (ASX: INIF) - Share Price and Research

- Current share price for INIF : $2.730

The Intelligent Investor Australian Equity Income Fund (ASX:INIF) is a concentrated portfolio of 10-35 Australian listed stocks. The Fund focuses on large, mature businesses with entrenched competitive advantages, and dominant smaller companies we believe will produce strong cash flows to support dividends in the future.

INIF General Information +

ASX Code INIF
Website http://www.investsmart.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 80
INIF Share Price $2.730
Day High $2.750
Day Low $2.720
Last Close $2.730
INIF Share Price Movement - ( No change )
Prices as at 16:40, 17 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

INIF Related Research

Exchange Traded Fund Description

The Intelligent Investor Australian Equity Income Fund (ASX:INIF) is a concentrated portfolio of 10-35 Australian listed stocks. The Fund focuses on large, mature businesses with entrenched competitive advantages, and dominant smaller companies we believe will produce strong cash flows to support dividends in the future.

Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result 3.01¢ 82.48% 28 Dec 2023 22 Jan 2024 $2.730 $2.810 -
HFResult 17.25¢ 17.70% 29 Jun 2023 25 Jul 2023 $2.730 $2.810 -
Result 5.99¢ 96.90% 29 Dec 2022 20 Jan 2023 $2.730 $2.810 -

See all dividends from Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
INIF - Quarterly Report - March 2024 10 Apr 2024 4:13PM $2.810 $2.730 $2.810 fallen by 2.85%
INIF Monthly Units on Issue - March 2024 4 Apr 2024 3:29PM $2.780 $2.730 $2.810 fallen by 1.80%
INIF Portfolio Update - March 2024 4 Apr 2024 3:28PM $2.780 $2.730 $2.810 fallen by 1.80%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

INIF Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2023A $7.44 $25.80 141.50% 11.20 23.20 8.00% 8.3%
2022A $2.58 $10.70 -87.10% 28.30 33.90 11.20% 19.2%
2021A $13.16 $82.50 -460.10% 3.00 2.20 0.90% 62.3%

INIF Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2021 A 2022 A 2023 A 2021 A 2022 A 2023 A 2021 A 2022 A 2023 A
Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF) $81M 1.4153 0.0000 0.0000 10.5732 0.0000 0.0000 8.51% 0.00% 0.00%
Magellan Financial Group (MFG) $1,621M -0.5164 -0.0458 -0.1145 8.9655 9.3956 10.6104 13.01% 6.31% 5.60%
Netwealth Group (NWL) $4,790M 0.1948 0.3656 0.1744 71.2781 52.1936 44.4419 1.22% 1.63% 1.91%
Pinnacle Investment Management Group (PNI) $2,216M -0.0127 -0.0785 0.1948 27.9744 30.3561 25.4075 3.30% 2.97% 3.15%
Perpetual (PPT) $2,804M -0.2217 0.0181 0.1179 14.7454 14.4826 12.9557 6.28% 5.26% 5.67%

INIF Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 10.57 1.03 0.00
Market 0.50 15.20 1.11 1.01
Sector 0.00 0.00 0.00 0.00

INIF Directors

Name Position Start Date
Mr Alastair John Davidson Non-Executive Director 30 Sep 2013
Mr Peter Ron Hodge Non-Executive Director 30 Sep 2013
Mr Andrew Ward Non-Executive Director 19 Jul 2017

Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF) Changes in Directors' Interest & Trades

There are no directors' trades from Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

INIF Calendar of Events

Date Event
18 September 2024 Report (Annual)

FAQs about Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF)

Intelligent Investor Aus Equity Income Fund (Managed Fund)'s (INIF) current share price is $2.73. This constitutes a price movement of 2.85% when compared to the share price 7 days ago and is -5.54% below INIF's 12-month high of $2.89 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $2.73, Intelligent Investor Aus Equity Income Fund (Managed Fund)'s (INIF) current share price of $2.73 constitutes a movement of or 0%. Intelligent Investor Aus Equity Income Fund (Managed Fund)'s (INIF) share price movement is -2.85% when compared to 7 days ago and is -5.54% below INIF's 52-week high of $2.89.

Intelligent Investor Aus Equity Income Fund (Managed Fund)'s (INIF) 52-week high is $2.89 which was reached on 20 Apr 2023. Relative to this, INIF's current share price of $2.73 constitutes a -$0.16 or -5.54% drop since that high of $2.89 per INIF share.

Intelligent Investor Aus Equity Income Fund (Managed Fund)'s (INIF) 52-week low is $2.43 which was reached on 24 Oct 2023. Relative to this, INIF's current share price of $2.73 constitutes a $0.30 or 12.35% gain since that low of $2.43 per INIF share.

Intelligent Investor Aus Equity Income Fund (Managed Fund)'s (INIF) current market capitalisation is $80,624,121. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF) last distribution or dividend was $0.03 per share and was paid on 22 Jan 2024. This last INIF distribution or dividend included 82.48% franking.

Upcoming ex-distribution date: 28 Dec 2023

Upcoming record date: 29 Dec 2023

Upcoming payment date: 22 Jan 2024

ETFs, such as Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF) has a current dividend yield of n/a this year. Last year's dividend yield was 8.80%. The dividend yield for INIF is a ratio that tells you the percentage of Intelligent Investor Aus Equity Income Fund (Managed Fund) (INIF)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.