Morningstar Fund Report  | 23/04/2025Print

abrdn UK Income Equity Fund K Inc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
abrdn UK Income Equity Fund K Inc
Fund15.5-5.87.41.10.1
+/-Cat-2.3-2.40.6-7.0-0.8
+/-B’mrk---0.3-8.7-5.1
 
Category: UK Equity Income
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
22/04/2025		 GBX 112.24
Day Change 0.55%
Morningstar Category™ UK Equity Income
IA (formerly IMA) Sector UK Equity Income
ISIN GB00BDD9P657
Fund Size (Mil)
17/04/2025		 GBP 594.52
Share Class Size (Mil)
22/04/2025		 GBP 40.26
Max Initial Charge -
Ongoing Charge
11/02/2025		  0.65%
Investment Objective: abrdn UK Income Equity Fund K Inc
To generate income and some capital over the long term (5 years or more) by investing in UK equities (company shares). The fund will invest at least 70% in equities and equity related securities of companies incorporated or domiciled in the UK or having significant operations and/or exposure to the UK.
Returns
Trailing Returns (GBP)22/04/2025
YTD-2.18
3 Years Annualised1.26
5 Years Annualised6.28
10 Years Annualised-
12 Month Yield 3.97
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Iain Pyle
01/04/2018
Charles Luke
01/04/2016
Inception Date
23/03/2016

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  abrdn UK Income Equity Fund K Inc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.120.0197.11
Bond0.150.000.15
Property0.000.000.00
Cash2.810.082.74
Other0.000.000.00
Top 5 Regions%
United Kingdom78.48
Eurozone10.93
Europe - ex Euro3.90
Asia - Developed3.73
United States2.95
Top 5 Sectors%
Financial Services18.74
Industrials15.40
Healthcare12.78
Consumer Defensive12.77
Consumer Cyclical10.10
Top 5 HoldingsSector%
AstraZeneca PLCHealthcareHealthcare5.06
Unilever PLCConsumer DefensiveConsumer Defensive5.04
RELX PLCIndustrialsIndustrials4.82
National Grid PLCUtilitiesUtilities4.18
BP PLCEnergyEnergy3.86
Increase Decrease New since last portfolio
abrdn UK Income Equity Fund K Inc
Growth Of 1000 (GBP) 31/03/2025
Fund:  abrdn UK Income Equity Fund K Inc
Category:  UK Equity Income
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-8.3926.49-4.8815.50-5.847.361.080.09
+/- Category2.177.547.68-2.31-2.400.60-7.00-0.78
+/- Category Index------0.26-8.75-5.07
% Rank in Category251087271539866
Trailing Returns (GBP)22/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.55   -0.12-0.07
1 Week0.94   -0.01-0.04
1 Month-3.68   -0.82-0.56
3 Months-5.81   -2.62-4.47
6 Months-4.60   -2.63-6.27
YTD-2.18   -1.24-4.79
1 Year-2.01   -6.45-9.93
3 Years Annualised1.26   -2.59-5.30
5 Years Annualised6.28   -3.44-4.79
10 Years Annualised-   --
 
Category: UK Equity Income
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.09---
20241.162.980.84-3.78
20232.86-0.381.203.53
2022-2.85-6.97-4.358.91
20211.887.042.363.47
2020-22.0812.23-0.869.73
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageBelow Average2 star
5-YearBelow AverageBelow Average2 star
10-Year--Not Rated
OverallBelow AverageBelow Average2 star
 
Category :  UK Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.43 %
3-Yr Mean Return2.38 %
 
3-Yr Sharpe Ratio-0.14
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  FTSE AllSh TR GBP
3-Yr Beta0.940.96
3-Yr Alpha-5.33-5.10
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 26076-
Market Capitalisation% of Equity
Giant41.81
Large28.20
Medium20.40
Small7.47
Micro2.11
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings13.971.24
Price/Book2.061.28
Price/Sales1.511.68
Price/Cash Flow10.451.46
Dividend-Yield Factor3.690.81
 
Long-Term Projected Earnings Growth7.020.74
Historical Earnings Growth-2.520.37
Sales Growth6.001.05
Cash-Flow Growth1.332.89
Book-Value Growth6.224.03
 
Category: UK Equity Income
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.120.0197.11
Bond0.150.000.15
Property0.000.000.00
Cash2.810.082.74
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States2.951.14
Canada0.000.00
Latin America0.000.00
United Kingdom78.480.85
Eurozone10.933.26
Europe - ex Euro3.903.31
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed3.7316.59
Asia - Emerging0.000.00
 
Category: UK Equity Income
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.510.92
Consumer CyclicalConsumer Cyclical10.101.05
Financial ServicesFinancial Services18.740.74
Real EstateReal Estate3.120.87
Consumer DefensiveConsumer Defensive12.770.96
HealthcareHealthcare12.781.48
UtilitiesUtilities6.261.27
Communication ServicesCommunication Services1.400.23
EnergyEnergy7.751.04
IndustrialsIndustrials15.401.18
TechnologyTechnology6.182.75
 
Category: UK Equity Income
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings57
Total Number of Bond Holdings0
Assets in Top 10 Holdings39.84
NameSectorCountry% of Assets
AstraZeneca PLC206United Kingdom5.06
Unilever PLC205United Kingdom5.04
RELX PLC310United Kingdom4.82
National Grid PLC207United Kingdom4.18
BP PLC309United Kingdom3.86
TotalEnergies SE309France3.66
London Stock Exchange Group PLC103United Kingdom3.66
Diageo PLC205United Kingdom3.58
Experian PLC310United Kingdom3.17
HSBC Holdings PLC103United Kingdom2.81
 
Increase Decrease New since last portfolio
Category: UK Equity Income
 
Management
Name of Companyabrdn Fund Managers Limited
Phone-
Websitehttps://www.abrdn.com/en-gb
Address280 Bishopsgate
 London   EC2M 4AG
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date23/03/2016
Fund Advisor(s)
abrdn Investments Limited
Fund ManagerIain Pyle
Manager Start Date01/04/2018
Fund ManagerCharles Luke
Manager Start Date01/04/2016
Career Start Year1998
Education
London School of Economics, M.Sc
Leeds University, B.A.
 
Biography
Charles has over 25 years of UK equity income experience. He is a Senior Investment Director, responsibilities include managing the Murray Income Trust since 2006 alongside the team’s other quality income strategies. Charles originally joined the Company in 2000 having started his career at Framlington Investment Management in 1998, covering UK equities. Charles holds a BA in Economics and Japanese Studies from Leeds University and an MSc in Economic History from the London School of Economics.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.68%
Ongoing Charge0.65%
Purchase Details
Minimum Investments
Initial150000000  GBP
Additional150000000  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes