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Magellan High Conviction Trust (Managed Fund) (ASX: MHHT) - Share Price and Research

- Current share price for MHHT : $2.110

Magellan High Conviction Trust (Managed Fund) (MHHT) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Magellan High Conviction Trust (Managed Fund) (MHHT) is a registered managed investment scheme. The trust primarily invests in securities of the companies listed on stock exchanges around the world. The trust's portfolio will typically comprise 8 to 12 stocks at any one time but will also have some exposure to cash.

MHHT General Information +

ASX Code MHHT
Website http://www.magellangroup.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 487
MHHT Share Price $2.110
Day High $2.120
Day Low $2.100
Last Close $2.110
MHHT Share Price Movement - ( No change )
Prices as at 16:40, 9 Dec 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

MHHT Fund Information

Equity World Large Blend
MSCI World Ex Australia NR AUD
starstar
star (as at 31 Oct 2024)
Investment Fund
11 Oct 2019
$485.58 million (as at 30 Sep 2022)

MHHT ETF performance (30 Nov 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 5.85 10.46 12.41 28.69 24.97 6.77 7.66 -
Growth return 5.85 10.46 10.61 24.89 21.01 3.39 4.67 -
Income return (Yield) 0 0 1.8 3.8 3.96 3.38 2.99 -

Market index (MSCI World Ex Australia NR AUD)

Total return 5.18 8.79 13.61 30.23 22.04 11.92 13.37 13.17

MHHT Related Research

Magellan High Conviction Trust (Managed Fund) (MHHT) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult 0% 1 Jul 2024 19 Jul 2024 $2.110 $2.030 -
Result 2.27¢ 0% 2 Jan 2024 17 Jan 2024 $2.110 $2.030 -
HFResult 2.34¢ 0% 3 Jul 2023 21 Jul 2023 $2.110 $2.030 -

See all dividends from Magellan High Conviction Trust (Managed Fund) (MHHT) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Magellan High Conviction Trust (Managed Fund) (MHHT) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+
Price at
release+
Current
price+
Gain/Loss View
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $487 Units on Issue & Monthly Redemptions - November 2024 6 Dec 2024 4:21PM $2.090 $2.110 risen by 0.96%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $487 Magellan High Conviction Trust replacement PDS 2 Dec 2024 9:18AM $2.010 $2.110 risen by 4.98%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $487 Change of unit registry details 2 Dec 2024 9:13AM $2.010 $2.110 risen by 4.98%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $487 Company Secretary appointment and resignation 29 Nov 2024 9:59AM $2.010 $2.110 risen by 4.98%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $487 Upcoming change of unit registry details 18 Nov 2024 2:36PM $1.985 $2.110 risen by 6.30%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $487 MHHT Fund Update - October 2024 13 Nov 2024 4:29PM $2.020 $2.110 risen by 4.46%

MHHT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $93.29 $35.30 27.60% 4.80 5.30 3.10% 0.0%
2023A $97.54 $27.70 -177.10% 4.90 4.80 3.50% 0.0%
2022A -$165.32 -$35.90 0.00% 0.00 4.80 3.00% 0.0%

MHHT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
HMC Capital (HMC) $5,093M 0.0191 0.0000 0.0000 59.2042 0.0000 0.0000 0.97% 0.00% 0.00%
Magellan High Conviction Trust (Managed Fund) (MHHT) $0M 0.2756 0.0000 0.0000 5.9173 0.0000 0.0000 2.52% 0.00% 0.00%
Netwealth Group (NWL) $7,454M 0.2382 0.2487 0.2325 89.2962 71.5124 58.0221 0.92% 1.16% 1.40%
Pinnacle Investment Management Group (PNI) $5,471M 0.1667 0.1969 0.1911 53.6484 44.8219 37.6291 1.72% 2.01% 2.39%
Perpetual (PPT) $2,503M -0.1521 0.2241 -0.0452 15.3900 12.5726 13.1679 5.40% 5.95% 5.49%

MHHT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 5.97 1.15 0.00
Market 0.39 13.70 1.11 0.91
Sector 0.00 0.00 0.00 0.00

MHHT Directors

Name Position Start Date
Mr Andrew James Formica Executive Chairman, Executive Director 26 Jul 2023
Ms Sophia Rahmani Managing Director 13 May 2024
Mr Robert Darius Fraser Non-Executive Chairman, Non-Executive Director 1 Jan 0001
Mr David Dixon Non-Executive Deputy Chairman , Non-Executive Director 1 Nov 2022
Ms Colette Mary Garnsey Non-Executive Director 1 Jan 0001
Mrs Deborah Page AM Non-Executive Director 3 Oct 2023
Mr John Anthony Eales Non-Executive Director 1 Jan 0001
Mr Hamish Roy McLennan Non-Executive Director 1 Jan 0001
Ms Karen Leslie Phin Non-Executive Director 1 Jan 0001
Ms Catherine Louise Kovacs Non-Executive Director 6 Nov 2023

Magellan High Conviction Trust (Managed Fund) (MHHT) Changes in Directors' Interest & Trades

There are no directors' trades from Magellan High Conviction Trust (Managed Fund) (MHHT). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MHHT Management

Name Position
Emilie Cameron Company Secretary

MHHT Calendar of Events

Date Event
09 September 2025 Report (Annual)

FAQs about Magellan High Conviction Trust (Managed Fund) (MHHT)

Magellan High Conviction Trust (Managed Fund)'s (MHHT) current share price is $2.11. This constitutes a price movement of 3.94% when compared to the share price 7 days ago and is 0% below MHHT's 12-month high of $2.11 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $2.11, Magellan High Conviction Trust (Managed Fund)'s (MHHT) current share price of $2.11 constitutes a movement of or 0%. Magellan High Conviction Trust (Managed Fund)'s (MHHT) share price movement is 3.94% when compared to 7 days ago and is 0% below MHHT's 52-week high of $2.11.

Magellan High Conviction Trust (Managed Fund)'s (MHHT) 52-week high is $2.11 which was reached on 9 Dec 2024. Relative to this, MHHT's current share price of $2.11 constitutes a or 0% drop since that high of $2.11 per MHHT share.

Magellan High Conviction Trust (Managed Fund)'s (MHHT) 52-week low is $1.63 which was reached on 8 Jan 2024. Relative to this, MHHT's current share price of $2.11 constitutes a $0.49 or 29.85% gain since that low of $1.63 per MHHT share.

Magellan High Conviction Trust (Managed Fund)'s (MHHT) current market capitalisation is $487,205,256. 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.

Magellan High Conviction Trust (Managed Fund) (MHHT) last distribution or dividend was $0.03 per share and was paid on 19 Jul 2024. This last MHHT distribution or dividend included 0% franking.

Upcoming ex-distribution date: 1 Jul 2024

Upcoming record date: 2 Jul 2024

Upcoming payment date: 19 Jul 2024

ETFs, such as Magellan High Conviction Trust (Managed Fund) (MHHT), 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 Magellan High Conviction Trust (Managed Fund) (MHHT), 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 Magellan High Conviction Trust (Managed Fund) (MHHT).


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.

Magellan High Conviction Trust (Managed Fund) (MHHT) has a franking level of 0%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

Magellan High Conviction Trust (Managed Fund) (MHHT) has a current dividend yield of 2.80% this year. Last year's dividend yield was 3.10%. The dividend yield for MHHT is a ratio that tells you the percentage of Magellan High Conviction Trust (Managed Fund) (MHHT)'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.

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