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Magellan High Conviction Trust (Managed Fund) (ASX: MHHT) - Financials

- Current share price for MHHT : $1.905

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 Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2024 38 ¢ 35.3 ¢ 5.3 ¢ 0% $1.83 0 34.4% 25.8%
2023 -1.1 ¢ 27.7 ¢ 4.8 ¢ 0% $1.53 0 35% 21%
2022 -4.3 ¢ -35.9 ¢ 4.8 ¢ 0% $1.29 0 0% 0%

MHHT Historical Financials

2024 2023 2022
Investment Income ($M) 4.5 4.1 4.6
Other Income ($M) 100.2 101.4 -155.7
Management Expense Ratio (%) 1.7 1.8 2.5
Net Profit Before Abs ($M) 93.3 97.5 -165.3
Net Profit After Abs ($M) 93.3 97.5 -165.3
Shareholders Equity ($M) 442.6 448.9 522.7
Return on Equity (%) 21.1 21.7 -31.6
Payout Ratio (%) 15 17 -13

MHHT Cashflow

2024 2023 2022
Customer Receipts ($M) 254
Net Operating Cashflow ($M) 100.49 -3.9 -19.87
Net Investing Cashflow ($M) 2 89 402
Net Financing Cashflow ($M) -100 -174 -320

MHHT Market & Earnings

2024 2023 2022
Market Cap ($M) 454.8 450.6 535.6
Net Gearing (%) -2.1 -2 -19.3
Net Interest Cover (%) 4,351
Dividend Yield (%) 2.8 3.1 3.7
NTA Per Share ($) 1.83 1.53 1.29
EBT Before Abs ($M) 93.3 97.5 -165.3

MHHT Balance Sheet

2024 2023 2022
Cash ($M)9.06 8.9 100.73
Current Investments ($M)
Receivables ($M)0.72 4 0.32
Other Current Assets ($M)
Total Current Assets ($M)9.78 12.9 101.06
Non-Current Investments ($M)445.4 444.7 433.5
Property ($M)
Other Non-Current Assets ($M)
Total Non-Current Assets ($M)445.4 444.7 433.5
Total Assets ($M)455.2 457.6 534.5
Creditors ($M)5.37 1.85 1.79
Provisions ($M)7.24 6.85 9.98
Deferred Taxes ($M)
Other Current Liabilities ($M)
Total Current Liabilities ($M)12.61 8.7 11.77
Borrowings ($M)
Other Non-Current Liabilities ($M)
Total Non-Current Liabilities ($M)
Total Liabilities ($M)12.61 8.7 11.77
Shareholders Equity ($M)442.6 448.9 522.7

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
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