Opportunity to earn an attractive and growing income stream, paid quarterly, from an actively managed portfolio of high-yielding, high-quality Australian shares.
In February 2020, Franklin Templeton announced it would be acquiring Legg Mason and this transaction successfully completed on Friday, 31 July 2020. Legg Mason Asset Management Australia Ltd is now part of Franklin Resources, Inc.
EINC invests in an actively managed portfolio of income-oriented Australian shares that aims to generate an after-tax yield higher than that produced by the S&P/ASX 200 Index, and to grow that income above the rate of inflation. The Fund is managed by Franklin Templeton’s Specialist Investment Manager, Martin Currie.
| Current Price | |
|---|---|
| Last Trade* | - |
| % Change (prev day) | - |
| Bid (delayed) | - |
| Offer (delayed) | - |
|
iNAV (live)**
iNAV stands for Indicative Net Asset Value. It is updated every 60 seconds and provides an estimate of the net asset value of the Fund during the trading day
|
$8.110 |
Download NAV history
| NAV | |
|---|---|
| NAV/Unit * | $8.09 |
| Net Assets* ($A) | $29,416,722 |
| Units Outstanding* (#) | 3,635,390 |
| Mgmt Costs** (% p.a.) | 0.85% |
| Distribution Frequency | Quarterly |
| Distribution Reinvestment Plan (DRP) | Full or partial participation available |
| Issuer | BetaShares Capital Ltd |
| Investment Manager | Legg Mason Asset Management Australia Limited |
| Fund Administrator | RBC Investor Services |
| Custodian | RBC Investor Services |
| Registry | Link Market Services |
| Auditor | KPMG |
| ASX Code | EINC |
| Bloomberg Code | EINC AU |
| IRESS Code | EINC.AXW |
| Trading Hours | 10:00-16:00 (AEST) |
| iNAV IRESS Code | EINCINAV.ETF |
| SMSF Eligible | Yes |
| Index | N/A |
| Index Provider | N/A |
| Index Ticker | N/A |
| Bloomberg Index Ticker | N/A |
|
Forecast Gross Portfolio Yield (%)
Yield forecast calculated using the weighted average of broker consensus forecasts of each portfolio holding and research conducted by Legg Mason Australia, is gross of franking credits and excludes Active ETF fees and costs. Actual fund yield may differ due to various factors, including changes in the number of units on issue, and not all investors will be able to receive the full value of franking credits. Neither the yield forecast nor past performance is a guarantee of future results.
|
6.4% |
|
Forecast Net Portfolio Yield (%)
Yield forecast calculated using the weighted average of broker consensus forecasts of each portfolio holding and research conducted by Legg Mason Australia, and excludes Active ETF fees and costs. Actual fund yield may differ due to various factors, including changes in the number of units on issue. Neither the yield forecast nor past performance is a guarantee of future results.
|
4.9% |
| Name (in alphabetical order) |
|---|
| ANZ BANK |
| AURIZON HOLDINGS |
| BHP GROUP |
| COCA-COLA AMATIL |
| COLES GROUP |
| HARVEY NORMAN HOLDINGS |
| JB HI-FI |
| MEDIBANK PRIVATE |
| NATIONAL AUSTRALIA BANK |
| TELSTRA CORP |
| Banks | 17.4% |
| Non-bank financials | 15.8% |
| Consumer Discretionary | 13.5% |
| Real Estate | 10.8% |
| Communication Services | 9.6% |
| Utilities | 9.1% |
| Materials | 8.9% |
| Consumer Staples | 7.6% |
| Industrials | 5.6% |
| Cash & Cash Equivalents | 1.7% |
| Fund | ||
|---|---|---|
| 1 month | 0.19% | - |
| 3 months | 13.04% | - |
| 6 months | 10.62% | - |
| 1 year | -4.50% | - |
| 3 year p.a | - | - |
| 5 year p.a | - | - |
| Since inception (p.a) | 2.96% | - |
| Inception date | 13-Feb-18 | - |
| Distribution Frequency | Quarterly |
| 12 Mth Distribution Yield* (%) | 3.2% |
| 12 Mth Gross Distribution Yield* (%) | 4.5% |
| Franking Level | 92.9% |
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 4-Jan-21 | 5-Jan-21 | 19-Jan-21 | $0.0552 | 3.45% |
| 1-Oct-20 | 2-Oct-20 | 16-Oct-20 | $0.06869 | 2.93% |
| 1-Jul-20 | 2-Jul-20 | 16-Jul-20 | $0.03549 | 3.26% |
| 1-Apr-20 | 2-Apr-20 | 20-Apr-20 | $0.07947 | 3.92% |
| 2-Jan-20 | 3-Jan-20 | 17-Jan-20 | $0.0706 | 5.30% |
| 1-Oct-19 | 2-Oct-19 | 16-Oct-19 | $0.09842 | 5.04% |
| 1-Jul-19 | 2-Jul-19 | 16-Jul-19 | $0.13062 | 4.75% |
| 1-Apr-19 | 2-Apr-19 | 16-Apr-19 | $0.07061 | 4.04% |
| 2-Jan-19 | 3-Jan-19 | 17-Jan-19 | $0.07262 | - |
| 1-Oct-18 | 2-Oct-18 | 16-Oct-18 | $0.08964 | - |
| 2-Jul-18 | 3-Jul-18 | 17-Jul-18 | $0.07785 | - |
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Factsheet - EINC |
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Fund Flyer - EINC |
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Product Brochure - EINC |
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Equity Income - a multi-decade theme |
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EINC - income for growth |
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Product Disclosure Statement - EINC |
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Annual Report - June 2020 |
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LM NRWT and Fund Payment Notice information - December 2020 distributions |
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LM NRWT and Fund Payment Notice information - September 2020 distributions |
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LM NRWT and Fund Payment Notice information - June 2020 distributions |
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LM NRWT and Fund Payment Notice information - March 2020 distributions |
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Interim Financial Report 2018 |
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2020 Legg Mason Distribution Calendar |
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