Henderson Diversified Income : HDIV

Henderson Diversified Income seeks to provide shareholders with a high level of income, and capital growth over the long term. The Company aims to deliver these outcomes by investing selectively across the full spectrum of fixed income asset classes including secured loans, high yield corporate bonds and investment grade corporate bonds

We have written notes that explain how the fund works:

  • Grounds for optimism“, published in January 2021, explains why the trust’s relative performance might be set to improve
  • Favourable style and structure“, published in July 2020, highlighted the reasons for the trust’s strong relative performance
  • Soft landing likely….“, published in November 2019, discussed the risk of a global recession
  • Death rattle for bull market“, published in April 2019, states that the managers at HDIV believe the serious wobble in the last couple months of 2018 are a warning sign that the bull market is heading for a turn
  • Winter is coming“, published in October 2018, the stance of HDIV’s portfolio is reflective of the the economic cycle that they believe is nearing its peak
  • Dear Prudence“, published in November 2017, looks at HDIV’s decision to cut its dividend instead of chase after higher yielding yet riskier opportunities
  • Shift to onshore“, published in May 2017, new to the UK domicile management looks to produce attractive yields while protecting investors’ capital


You can access the manager’s website here