Investment Trusts

The North American Income Trust plc

NAIT:LSE

The North American Income Trust plc

Actions
  • Price (GBX)403.50
  • Today's Change-2.50 / -0.62%
  • Shares traded100.81k
  • 1 Year change+16.62%
  • Beta0.8822
Data delayed at least 20 minutes, as of Feb 19 2026 16:35 GMT.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

The North American Income Trust plc is a United Kingdom-based investment trust. The Company seeks above-average dividend income and long-term capital growth, by investing in a portfolio of predominantly S&P 500 United States companies. The Company may also invest in Canadian stocks and United States mid-and-small capitalization companies to provide diversified sources of income. The Company may invest up to 20% of its gross assets in fixed-income investments, which may include non-investment-grade debt. The Company’s investment policy enables it to invest in all types of securities, including (but not limited to) equities, preference shares, debt, convertible securities, warrants, depositary receipts and other equity-related securities. It may borrow up to an amount equal to 20% of its net assets. Janus Henderson Fund Management UK Limited is the alternative investment fund manager (AIFM) and investment manager of the Company.

  • Revenue in GBP (TTM)45.45m
  • Net income in GBP38.87m
  • Incorporated1902
  • Employees0.00
  • Location
    The North American Income Trust plc4 North St. Andrew StreetEDINBURGH EH2 1HJUnited KingdomGBR
More ▼

Profile

Management group(s)Janus Henderson Investors Ltd
AIC sectorNorth America
ISINGB00BJ00Z303
Launch date05 Jun 1997
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The company invests in a portfolio predominantly comprised of S&P 500 constituents. The company may also invest in canadian stocks and US mid and small capitalisation companies to provide for diversified sources of income. The company may invest up to 20% of its GA in fixed income investments, which may include non-investment grade debt. The investment policy is flexible, enabling it to invest in all types of securities, including (but not limited to) equities, preference shares, debt, convertible securities, warrants, depositary receipts and other equityrelated securities.

Managed by

Francis Radano, Jeremiah Buckley

Management & contract fees

Janus Henderson will receive an annual management fee of 0.55% of the Company's net asset value up to £500 million and 0.45% on net assets above £500 million.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Foresight Environmental Infrstrctr15.39m7.24m423.87m0.0058.670.6495--27.550.01160.01160.02411.050.0224------1.057.961.057.9958.7688.5847.0486.31----0.0077.98255.68--79.66----3.21
Ashoka India Equity Investment Trust PLC28.01m-1.05m426.68m0.0042,000.000.9039--15.240.000060.000060.17062.790.0579--72.37---0.217613.42-0.218713.6242.8990.56-3.7672.12----0.000.00-75.39126.29-101.09------
JPMorgan India Growth & Income PLC-88.99m-87.77m435.15m0.00--0.8753-----1.88-1.88-1.9611.08-0.125-------12.328.24-12.348.26--94.41--78.56----0.000.00-152.15---168.95------
Bluefield Solar Income Fund Ltd-25.95m-28.47m445.24m0.00--0.6452-----0.0481-0.0481-0.04361.17-0.0352-------3.875.89-3.875.89------------0.0065.76-250.14---196.54----2.45
Jpmorgan Uk Small Cap Growth & IncomePLC3.68m-3.02m446.65m0.00--0.9846--121.24-0.0116-0.01160.02743.630.0066--0.9725---0.54297.53-0.60948.26-57.4988.66-81.8986.77----0.0033.42-96.48-18.30-103.03----22.29
Pacific Assets Trust plc-20.87m-25.18m447.91m0.00--0.9931-----0.2108-0.2108-0.1743.95-0.0413-------4.987.69-5.007.72--90.68--76.44----0.0010.611,039.4424.44839.5027.22----
Invesco Bond Income Plus Ltd31.85m26.68m449.49m0.0013.271.03--14.110.13190.13190.15711.700.0796--28.67--6.672.657.643.5892.8586.0883.7774.66--20.120.1097180.89-13.994.84-16.463.06--3.17
Nippon Active Value Fund PLC60.88m53.83m460.11m0.008.401.17--7.560.28460.28460.32192.050.1658--30.90--14.66--14.75--94.83--88.42----34.450.0097--4.43--2.03------
North American Income Trust PLC45.45m38.87m465.82m0.0013.431.10--10.250.30230.30230.36523.680.0933--42.08--7.988.148.028.2392.2591.2485.5284.40----0.079339.216,376.1125.591,089.2530.18--5.13
Chrysalis Investments Ltd136.18m120.47m471.93m0.004.320.5645--3.470.22430.22430.24971.720.1523--25.24--13.47-1.4813.49-1.5496.51-93.7988.46-102.63--32.580.075--199.72-7.12207.17-5.57----
Foresight Group Holdings Ltd162.32m38.98m474.36m411.0012.485.4110.462.920.3320.3321.380.76560.9769--5.20394,931.9023.4621.1134.1729.7593.5894.5324.0221.69----0.174782.358.9621.8825.7738.59-16.56--
North Atlntc Smlr Cmpns Invtmnt Trst PLC33.64m22.93m479.61m0.0021.380.6544--14.260.17310.17310.25555.650.0453--3.25--3.094.113.104.1372.0479.5268.1575.70----0.0016.11369.86-13.781,851.58-15.77--24.01
JPmorgan Claverhouse Investment Trst PLC58.09m53.56m491.14m0.009.311.11--8.450.9670.9671.048.100.1203--31.82--11.092.5511.462.7593.6476.9492.2172.39----0.0628154.4414.57-17.1418.35-18.33--4.07
Blackrock Throgmorton Trust PLC-39.43m-41.11m495.22m0.00--1.01-----0.4832-0.4832-0.46036.53-0.067-------6.991.46-7.151.49--63.46--59.00----0.00123.29987.95-1.47648.11-1.14--12.03
RTW Biotech Opportunities Ltd26.01m-68.46m503.05m0.00--1.17--19.34-0.2773-0.27730.10551.770.0455--0.7047---11.977.93-14.398.6045.96-181.95-263.161,135.92--0.1390.17750.0096.37151.78-58.91-2.46----
Henderson Far East Income Ltd56.31m45.11m509.48m2.00k9.921.15--9.050.25950.25950.32952.230.1321--18.9428,153.5010.583.0311.663.2492.3280.3780.1258.45----0.1085295.6216.26--14.70----1.60
Data as of Feb 19 2026. Currency figures normalised to The North American Income Trust plc's reporting currency: UK Pound GBX

Institutional shareholders

49.82%Per cent of shares held by top holders
HolderShares% Held
Rathbones Investment Management Ltd.as of 30 Jul 202515.51m13.52%
Brewin Dolphin Ltd.as of 31 Jan 20258.09m7.05%
Saba Capital Management LPas of 31 Jan 20256.17m5.38%
1607 Capital Partners LLCas of 31 Jan 20256.17m5.38%
Canaccord Genuity Wealth Ltd.as of 31 Jan 20256.17m5.38%
Allspring Global Investments LLCas of 31 Jan 20255.06m4.41%
Raymond James Wealth Management Ltd. (Investment Management)as of 31 Jan 20254.41m3.85%
J. M. Finn & Co. Ltd.as of 02 Jan 20262.47m2.15%
Hargreaves Lansdown Fund Managers Ltd.as of 02 Jan 20261.83m1.60%
TrinityBridge Ltd.as of 02 Jan 20261.29m1.12%
More ▼
Data from 31 Jul 2025 - 11 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.