Personal Assets Trust plc
PNL.L
London Stock Exchange543.00
GBp
+1.00
(-0.37%)
Personal Assets Trust plc
PNL.L
(London Stock Exchange)
Recent
price
543.00
P/E
ratio
24.92
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Personal Assets Trust plc (PNL.L) is a United Kingdom-based closed-end investment trust that seeks first to protect and then to increase the value per share of shareholders' funds over the long term; it invests globally in a multi-asset portfolio comprising equities, fixed income securities including US Treasury Inflation-Protected Securities (TIPS) and UK index-linked gilts, gold and gold-related investments, cash and cash equivalents, and short-dated government bonds; the trust may employ derivatives for exposure management, position enhancement or protection, and currency hedging. Managed by Troy Asset Management Limited as investment manager since May 2020 (with Troy appointed as investment adviser in March 2009) and alternative investment fund manager Juniper Partners Limited, the conservatively managed portfolio features concentrated equity holdings with low turnover, targeting high-quality companies in developed markets such as Unilever, Visa, LVMH, and L'Oreal across sectors including consumer defensive, financial services, technology, and industrials; as of April 30, 2025, allocations stood at approximately 36.6% equities, 28.4% inflation-linked bonds, 10.8% gold, and 22.9% cash/short-dated bonds including some yen exposure for diversification. Founded in 1981 and headquartered at 28 Walker Street, Edinburgh, Scotland, the trust primarily serves private investors and is a constituent of the FTSE 250 Index with operations focused on global markets. Recent developments include portfolio adjustments in response to April 2025 US tariff-induced market volatility, with additions to LVMH and L'Oreal alongside sales of Becton Dickinson and Procter & Gamble; increased equity weighting and cash holdings year-over-year; a net asset value per share rise of 7.5% for the year ended April 30, 2025 (outpacing UK RPI inflation of 4.5%), bolstered by strong gold, US TIPS, and equity contributions; declaration of interim dividends including a second interim of 1.40p payable October 3, 2025; and ongoing enhancements to investor communications via monthly factsheets and quarterly reports amid evolving shareholder base growth through retail platforms.