Objective
To provide an above average level of income and income growth together with long term capital growth through a policy of investing mainly in higher yielding large UK companies.
Management group
Allianz Global Investors
Launch date
16/02/1889
Domicile
United Kingdom
Fund manager
Simon Gergel
Dividend frequency
Quarterly
Wind-up provisions
The Company has an unlimited life.
Market Cap (m) Total assets (m) Price (last close) NAV Discount / premium (%) Gearing (%) Dividend yield (%) Dividend dates Ongoing charge (%)
766.84 873.65 517.00 522.54 -1.06 10 5.34 Mar, Jun, Sep, Dec 0.56 (31/01/2023)
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Dividends

Dividends declared in last 12 months

Ex-Dividend date Payment date Dividend amount Dividend type Special dividend Financial year
01/02/2024 14/03/2024 7.100 Income No 2024
05/10/2023 10/11/2023 7.100 Income No 2024
06/07/2023 24/08/2023 7.100 Income No 2024
20/04/2023 26/05/2023 7.000 Income No 2023
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Performance (%)

Return type 1 year 3 years 5 years 10 years
Merchants Trust Share price total return -9.0 34.0 42.7 70.2
UK Equity Income AIC sector Share price total return -2.9 18.9 25.5 59.2
Morningstar UK * Total return 0 25.7 25.1 59.1
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* The Morningstar market index is not necessarily the official benchmark of the investment company, however it has been identified as an appropriate comparative index. Please hover over the definition for further detail on the index construction.

Share structure

Number of shares
148,324,887

Traded volumes (number of shares)

  Yesterday 1 month 1 year 5 years
Total 222,623 4,955,814 57,338,801 260,873,147
Average N/A 225,149 227,207 206,973
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Traded values (m)

  Yesterday 1 month 1 year 5 years
Total 1.15 26.14 312.31 1,311.66
Average N/A 1.19 1.24 1.04
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Trading details

ISIN TIDM Traded currency Stock exchange
GB0005800072 MRCH GBX London Stock Exchange - MAIN
Chi-x Europe Limited
London Stock Exchange
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Top holdings

Data as at : 31/12/2023

Investment % of total assets
GSK PLC 5.2
Shell PLC 4.6
British American Tobacco PLC 4.0
SSE PLC 3.6
BP PLC 3.6
IG Group Holdings PLC 3.5
DCC PLC 3.4
Barclays PLC 3.3
Inchcape PLC 3.3
Rio Tinto PLC Registered Shares 3.2

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.