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Magellan High Conviction Trust (Managed Fund) (ASX: MHHT) - Share Price and Research

- Current share price for MHHT : $1.785

Magellan High Conviction Trust (Managed Fund) (MHHT) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Magellan High Conviction Trust (Managed Fund) (MHHT) is a registered managed investment scheme. The trust primarily invests in securities of the companies listed on stock exchanges around the world. The trust's portfolio will typically comprise 8 to 12 stocks at any one time but will also have some exposure to cash.

MHHT General Information +

ASX Code MHHT
Website http://www.magellangroup.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 407
MHHT Share Price $1.785
Day High $1.785
Day Low $1.770
Last Close $1.785
MHHT Share Price Movement - ( No change )
Prices as at 13:05, 25 Apr 2025
+Security prices are delayed by at least 20 minutes and are indicative only.

MHHT Fund Information

Equity World Large Blend
MSCI World Ex Australia NR AUD
starstar
star (as at 31 Mar 2025)
Investment Fund
11 Oct 2019
$485.58 million (as at 30 Sep 2022)

MHHT ETF performance (31 Mar 2025)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -7.26 -6.8 5.27 4.46 19.63 11.18 9.11 -
Growth return -7.26 -10.61 0.96 -1.43 14.53 6.64 5.2 -
Income return (Yield) 0 3.81 4.31 5.89 5.1 4.54 3.91 -

Market index (MSCI World Ex Australia NR AUD)
Total return -4.67 -2.41 9.42 12.25 20.2 14.65 15.75 11.86

MHHT Related Research

Magellan High Conviction Trust (Managed Fund) (MHHT) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result 8.5¢ 0% 2 Jan 2025 17 Jan 2025 $1.785 $1.730 -
HFResult 3¢ 0% 1 Jul 2024 19 Jul 2024 $1.785 $1.730 -
Result 2.27¢ 0% 2 Jan 2024 17 Jan 2024 $1.785 $1.730 -

See all dividends from Magellan High Conviction Trust (Managed Fund) (MHHT) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Magellan High Conviction Trust (Managed Fund) (MHHT) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $408 MHHT Fund Update - March 2025 15 Apr 2025 2:46PM $1.770 $1.785 risen by 0.85%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $408 Units on Issue & Monthly Redemptions - March 2025 4 Apr 2025 5:52PM $1.800 $1.785 fallen by 0.83%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $408 MHHT Fund Update - February 2025 20 Mar 2025 2:47PM $1.875 $1.785 fallen by 4.80%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $408 2025 Interim Financial Report 11 Mar 2025 5:24PM $1.870 $1.785 fallen by 4.55%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $408 Units on Issue & Monthly Redemptions - February 2025 6 Mar 2025 5:07PM $1.950 $1.785 fallen by 8.46%
Magellan High Conviction Trust (Managed Fund) (MHHT) Financials $408 MHHT Fund Update - January 2025 17 Feb 2025 9:24AM $2.040 $1.785 fallen by 12.50%

MHHT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $93.29 $35.30 27.60% 4.80 5.30 3.10% 0.0%
2023A $97.54 $27.70 -177.10% 4.90 4.80 3.50% 0.0%
2022A -$165.32 -$35.90 0.00% 0.00 4.80 3.00% 0.0%

MHHT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
HMC Capital (HMC) $1,898M 0.2364 0.0000 0.0000 18.1746 0.0000 0.0000 2.61% 0.00% 0.00%
Insignia Financial (IFL) $2,495M 0.6567 -0.2226 0.0203 7.8349 10.0786 9.8779 2.50% 2.15% 6.45%
Magellan High Conviction Trust (Managed Fund) (MHHT) $399M 0.2756 0.0000 0.0000 4.9405 0.0000 0.0000 3.02% 0.00% 0.00%
Netwealth Group (NWL) $6,500M 0.2382 0.2487 0.2325 77.8299 62.3297 50.5716 1.06% 1.33% 1.61%
Pinnacle Investment Management Group (PNI) $3,794M 0.1667 0.1969 0.1911 36.7692 30.7198 25.7900 2.51% 2.93% 3.49%

MHHT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 5.05 0.97 0.00
Market 0.20 13.20 1.04 0.74
Sector 0.00 0.00 0.00 0.00

MHHT Directors

Name Position Start Date
Mr Andrew James Formica Executive Director 26 Jul 2023
Ms Sophia Rahmani Managing Director 13 May 2024
Mr Robert Darius Fraser Non-Executive Chairman, Non-Executive Director 23 Apr 2014
Mr David Dixon Non-Executive Deputy Chairman , Non-Executive Director 1 Nov 2022
Mrs Deborah Page AM Non-Executive Director 3 Oct 2023
Mr John Anthony Eales Non-Executive Director 1 Jul 2017
Mr Hamish Roy McLennan Non-Executive Director 1 Mar 2016
Ms Catherine Louise Kovacs Non-Executive Director 6 Nov 2023

Magellan High Conviction Trust (Managed Fund) (MHHT) Changes in Directors' Interest & Trades

There are no directors' trades from Magellan High Conviction Trust (Managed Fund) (MHHT). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MHHT Management

Name Position
Emilie Cameron Company Secretary

MHHT Calendar of Events

Date Event
09 September 2025 Report (Annual)

FAQs about Magellan High Conviction Trust (Managed Fund) (MHHT)

Magellan High Conviction Trust (Managed Fund)'s (MHHT) current share price is $1.79. This constitutes a price movement of 3.18% when compared to the share price 7 days ago and is -15.40% below MHHT's 12-month high of $2.11 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $1.79, Magellan High Conviction Trust (Managed Fund)'s (MHHT) current share price of $1.79 constitutes a movement of or 0%. Magellan High Conviction Trust (Managed Fund)'s (MHHT) share price movement is 3.18% when compared to 7 days ago and is -15.40% below MHHT's 52-week high of $2.11.

Magellan High Conviction Trust (Managed Fund)'s (MHHT) 52-week high is $2.11 which was reached on 9 Dec 2024. Relative to this, MHHT's current share price of $1.79 constitutes a -$0.33 or -15.40% drop since that high of $2.11 per MHHT share.

Magellan High Conviction Trust (Managed Fund)'s (MHHT) 52-week low is $1.67 which was reached on 22 Apr 2025. Relative to this, MHHT's current share price of $1.79 constitutes a $0.12 or 6.89% gain since that low of $1.67 per MHHT share.

Magellan High Conviction Trust (Managed Fund)'s (MHHT) current market capitalisation is $407,878,558. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

Magellan High Conviction Trust (Managed Fund) (MHHT) last distribution or dividend was $0.09 per share and was paid on 17 Jan 2025. This last MHHT distribution or dividend included 0% franking.

Upcoming ex-distribution date: 2 Jan 2025

Upcoming record date: 3 Jan 2025

Upcoming payment date: 17 Jan 2025

ETFs, such as Magellan High Conviction Trust (Managed Fund) (MHHT), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like Magellan High Conviction Trust (Managed Fund) (MHHT), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within Magellan High Conviction Trust (Managed Fund) (MHHT).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

Magellan High Conviction Trust (Managed Fund) (MHHT) has a current dividend yield of n/a this year. Last year's dividend yield was 2.80%. The dividend yield for MHHT is a ratio that tells you the percentage of Magellan High Conviction Trust (Managed Fund) (MHHT)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

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