Investment Trusts

BlackRock Smaller Companies Trust

BRSC:LSE

BlackRock Smaller Companies Trust

  • Price (GBX)1,360.10
  • Today's Change14.10 / 1.05%
  • Shares traded23.08k
  • 1 Year change4.30%
  • Beta1.4552
Data delayed at least 20 minutes, as of Nov 22 2024 11:45 GMT.
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Profile data is unavailable for this security.

About the company

BlackRock Smaller Companies Trust plc is a United Kingdom-based investment trust. The Company's principal activity is portfolio investment. The Company's objective is to achieve long-term capital growth for shareholders through investment mainly in smaller United Kingdom-quoted companies. The Company seeks to achieve its investment objective by investing predominantly in United Kingdom smaller companies which are listed or traded on the London Stock Exchange or on the alternative investment market (AIM). It also invests in securities which are listed overseas but have a secondary United Kingdom quotation. The Company invests in various sectors, including industrials, financials, technology, basic materials, energy, health care, real estate, utilities, consumer discretionary, consumer staples and telecommunications. The Company's investment manager is BlackRock Investment Management (UK) Limited. The Company's alternative investment fund manager is BlackRock Fund Managers Limited.

  • Revenue in GBP (TTM)133.64m
  • Net income in GBP125.78m
  • Incorporated1906
  • Employees0.00
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Profile

Management group(s)BlackRock Investment Management (UK) Ltd.
AIC sectorUK Smaller Companies
ISINGB0006436108
Launch date02 May 1906
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To achieve its investment objective the Company invests predominantly in UK smaller companies with securities admitted to trading on the Main Market of the London Stock Exchange. The Company may also invest in securities which are listed overseas but have a secondary UK quotation.

Managed by

Roland Arnold

Management & contract fees

The management fee will be paid at 0.60% in respect of the first GBP 750m of the total assets of Company less current liabilities, reducing to 0.50% thereafter. The Company will no longer pay a performance fee. The contract is terminable on 6 months notice.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Baillie Gifford Japan Trust PLC72.15m63.76m588.54m0.00588.54m0.00
Henderson Smaller Companies Inv Trst PLC100.37m93.35m599.54m0.00599.54m0.00
Bellevue Healthcare Trust PLC-19.04m-30.45m602.02m0.00602.02m0.00
Partners Group Private Equity Ltd51.23m19.18m604.13m1.95k604.13m1.95k
Molten Ventures PLC2.70m-5.90m613.80m55.00613.80m55.00
Brunner Investment Trust Plc109.30m103.52m616.91m0.00616.91m0.00
Syncona Ltd5.65m-17.55m630.88m0.00630.88m0.00
GCP Infrastructure Investments Ltd36.08m15.07m633.50m0.00633.50m0.00
BlackRock Smaller Companies Trust plc133.64m125.78m633.96m0.00633.96m0.00
VinaCapital Vietnam Opportunity Fund Ltd79.32m57.93m637.92m0.00637.92m0.00
Edinburgh Worldwide Investment Trust plc-75.55m-87.03m638.29m0.00638.29m0.00
Cordiant Digital Infrastructure Ltd99.86m80.30m640.19m0.00640.19m0.00
Schroder Oriental Income Fund Ltd125.47m110.40m643.77m0.00643.77m0.00
European Smaller Companies Trust PLC97.52m84.90m655.31m0.00655.31m0.00
Asia Dragon Trust PLC-36.25m-46.86m659.27m0.00659.27m0.00
JPMorgan Indian Investment Trust plc142.43m114.31m670.22m0.00670.22m0.00
Data as of Nov 22 2024. Currency figures normalised to BlackRock Smaller Companies Trust's reporting currency: UK Pound GBX

Institutional shareholders

58.20%Per cent of shares held by top holders
HolderShares% Held
BlackRock Investment Management (UK) Ltd.as of 30 Aug 20248.38m17.80%
Rathbones Investment Management Ltd.as of 21 Aug 20244.70m9.97%
Investec Wealth & Investment Ltd.as of 21 Aug 20243.76m7.99%
Evelyn Partners Investment Management LLPas of 02 May 20232.01m4.28%
Saba Capital Management LPas of 07 Dec 20231.60m3.40%
West Yorkshire Pension Fundas of 01 Nov 20241.58m3.36%
Royal London Asset Management Ltd.as of 28 Apr 20221.54m3.26%
Legal & General Investment Management Ltd.as of 01 Nov 20241.49m3.16%
Hargreaves Lansdown Asset Management Ltd.as of 01 Nov 20241.27m2.69%
Border to Coast Pensions Partnership Ltd.as of 31 Mar 20241.09m2.30%
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Data from 31 Mar 2024 - 05 Nov 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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