Fact sheet: Blkrk Nth Amr Inc Tst

Fund information
Fund name
Blackrock North American Income Trust Plc ORD 1P
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund managers
  • Bob Shearersince 01/12/2012
  • Tony DeSpiritosince 30/06/2014
Fund objective
To provide an attractive and growing level of income return with capital appreciation over the long-term, predominantly through investment in a diversified portfolio of primarily large-cap U.S. equities.
Benchmark
  • Russell 1000 Value
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
47.4%
1 Year rank in sector
3/6
Sector
IT North America Equities
Yield
2.9%
Fund size
£110m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
112
Mid price
159.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
162.6
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-4.37
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
The NthAmrcn InTstplc50.5%
Middlefield Cndn Inc Tst47.5%
Blkrk Nth Amr Inc Tst47.4%
JP Morgan American IT plc29.8%
Gabelli Value Plus Trust PLC27.9%
...more in IT North America Equities

Performance snapshot

Holdings snapshot

  • USA89%
    Money Market3.6%
    UK2.1%
    France2%
    Canada1.7%
  • Financials25.4%
    Health Care14.2%
    Industrials11.9%
    Energy11.3%
    Information Technology9.1%
  • US Equities89%
    Money Market3.6%
    UK Equities2.1%
    French Equities2%
    Canadian Equities1.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8.6%12.8%30.2%47.4%57.8%-
Sector4%8.6%26.1%34.8%36.2%77.6%
Rank within sector3 / 63 / 64 / 63 / 61 / 5-
Quartile2nd2nd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund44.2%1.4%8.4%12.6%-
Sector35%-7.7%8.6%18%8.1%
Rank within sector3 / 61 / 52 / 54 / 5-
Quartile2nd1st2nd4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
6.92
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.74
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.96
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
12.08
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
8.8
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.44
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.53
Price movement
52 week high162.5
52 week low106.5
Current bid price155.5
Current offer price159.5
Current mid price159.5
Region
1USA89%
2Money Market3.6%
3UK2.1%
4France2%
5Canada1.7%
6Netherlands0.7%
7China0.5%
8Ireland0.4%
Industry sector
1Financials25.4%
2Health Care14.2%
3Industrials11.9%
4Energy11.3%
5Information Technology9.1%
6Consumer Staples7.2%
7Consumer Discretionary5.9%
8Utilities5.7%
9Net Current Assets3.6%
Asset type
1US Equities89%
2Money Market3.6%
3UK Equities2.1%
4French Equities2%
5Canadian Equities1.7%
6Dutch Equities0.7%
7Chinese Equities0.5%
8Irish Equities0.4%
Individual holdings
1JPMORGAN CHASE & CO3.4%
2PFIZER INC3.3%
3BANK OF AMERICA CORP3.2%
4GENERAL ELECTRIC CO.3%
5WELLS FARGO & CO2.6%
6CITIGROUP INC2.4%
7MICROSOFT CORP2.3%
8MERCK SA2.2%
9OCCIDENTAL PETROLEUM CORP2%
Management
Fund manager group
BlackRock
Fund manager company
BlackRock Investment Managemen
Fund type
Investment Trust
Fund objective
To provide an attractive and growing level of income return with capital appreciation over the long-term, predominantly through investment in a diversified portfolio of primarily large-cap U.S. equities.
Benchmark
  • Russell 1000 Value
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Bob Shearer01/12/2012Bob Shearer, CFA, Managing Director, is Co-Lead Portfolio Manager for the Equity Dividend Fund and the BlackRock Natural Resources Fund. Mr. Shearer's service with the firm dates back to 1997, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, he managed the Merrill Lynch World Natural Resources Portfolio. Prior to joining MLIM, he was a Vice President with David L. Babson & Company, Inc., a Vice President and Sector Manager at Concert Capital Management, Inc. and a Vice President at Fiduciary Trust Company International. Mr. Shearer earned a BS degree in economics at the University of Wisconsin in 1978, an MA degree in international management at Thunderbird, School of Global Management in 1982, and an MBA degree from the University of Wisconsin in 1985.
Tony DeSpirito30/06/2014Tony DeSpirito, Managing Director, is a member of the Fundamental Equity division of BlackRock's Alpha Strategies Group. He is a co-head of the BlackRock Equity Dividend team and co-portfolio manager of the BlackRock Equity Dividend Fund. Prior to joining BlackRock in 2014, Mr. DeSpirito worked at Pzena Investment Management, where he served as Managing Principal, portfolio manager and a member of the firm's Executive Committee. Mr. DeSpirito was responsible for a suite of large-cap value, all-cap value and two hedge fund portfolios. Having managed value equity assets since 1996, Mr. DeSpirito served as a portfolio manager for the John Hancock Classic Value, PACE Large Company Value and Vanguard Windsor funds. Mr. DeSpirito earned a BA degree in economics with concentration in finance, summa cum laude, from the Wharton School of the University of Pennsylvania in 1990 and a JD, magna cum laude, from Harvard Law School in 1993.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Blackrock North American Income Trust Plc NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price163.77
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeIANT
Blackrock North American Income Trust Plc ORD 1P
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price163.77
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJHH
Data provided by

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