Price and Performance

Find out more about Alliance Trust’s performance, with the help of market commentary from our Investment Manager. 

Latest available values
share price
Share price information throughout the site is provided by Investis. Updated every 15 minutes
nav per share
Net Asset Value (NAV) per share including income with debt at fair value. Source: BNYM Fund Services (Ireland) Limited
Discount including income with debt at fair value. Source: BNYM Fund Services (Ireland) Limited
net yield
Annual dividend per share divided by share price. Source: BNYM Fund Services (Ireland) Limited
gross assets
Total income net asset value excluding prior charges. Source: BNYM Fund Services (Ireland) Limited
Price and Net Asset Value per share
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Investment Manager's report June's commentary

For the month of June, the Trust’s total shareholder return, NAV total return and equity portfolio return were 1.4%, 1.1% and 1.0% respectively, outperforming the MSCI All Country World Index (ACWI) which returned 0.3% over the same period.

The Federal Reserve raised interest rates in June for the second time this year, reflecting strong US economic growth and a robust labour market. However, trade concerns continue to weigh heavily on equity markets, with emerging market equities being the most affected. Further US interest rate rises could put increasing pressure on vulnerable emerging market countries which have large current account deficits. In June, stock selection in Europe and the UK, and relative lack of exposure to poorly performing Asia and Emerging Markets, were contributors to the outperformance of the equity portfolio.

Over the quarter, tightening measures from central banks globally have reduced available liquidity, increasing volatility and dispersion in the market. We have not made any changes to our portfolio of managers or target allocations this month. The biggest addition to the portfolio over the month was Equinix, a technology company specializing in internet connection and related services.

For more market insight, read our view from the Investment Manager

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Our awards
AIC Dividend Hero

Alliance Trust has been awarded the AIC’s Dividend Hero award and is proud to have increased its dividend every year for over 50 years. This award is made by the Association of Investment Companies to the small number of investment companies who have increased their dividends each year for 20 years or more. For more information and a full list of qualifying companies, you can visit the AIC website.

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