Magellan High Conviction Trust (Managed Fund) (MHH)

Snapshot

MHH's Principal Activity is the registered managed scheme structured as a closed-ended unit trust that is domiciled in Australia.

Announcements

Corporate Overview

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date	Amount	Franking	Gross	Type	Payable
01/07/2021	$0.0225	0%	$0.0225	Final	21/07/2021
04/01/2021	$0.0225	0%	$0.0225	Interim	15/01/2021
01/07/2020	$0.0225	0%	$0.0225	Final	28/07/2020
02/01/2020	$0.0225	0%	$0.0225	Interim	16/01/2020

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See Upcoming Dividends for all ASX companies.

Key Data
DPS(TTM)	$0.045
Gross DPS(TTM)	$0.045
Dividend yield
Gross yield
Payout Ratio	17%
DRP	No
DRP Features	-

Directors & Management

Name	Title	Since	Bio
Ms Mariana Kolaroski	Joint Company Secretary	Apr 2021
Ms Colette Mary Garnsey	Non-Executive Director	Nov 2020	Ms Colette Mary Garnsey Non-Executive Director --
Ms Marcia Paulina Venegas	Company Secretary	Mar 2019
Ms Kirsten Elizabeth Morton	Chief Financial Officer,Executive Director	Oct 2018	Ms Kirsten Elizabeth Morton Chief Financial Officer,Executive Director Ms Morton has 20 years' experience in funds management (real estate), banking and media. Kirsten has held various finance positions including Head of Finance - ASX Listed & Unlisted Property/REITs at Colonial First State Global Asset Management, Group Financial Controller roles at The GPT Group and Fairfax Media, and 12 years at PricewaterhouseCoopers in audit, accounting consulting services and insolvency management, in both Australia and the US.
Mr John Anthony Eales	Non-Executive Director	Jul 2017	Mr John Anthony Eales Non-Executive Director Mr Eales has served in executive or advisory positions with a number of organisations. John cofounded the Mettle Group in 2003 and currently sits on the boards of Flight Centre Travel Group and Fuji Xerox - Document Management Solutions. He is a columnist with The Australian newspaper writing on both business and sport and has served as a consultant to Australian companies, including Westpac. John is the author of two books, Learning from Legends Sport and Learning from Legends Business.
Mr Hamish Roy McLennan	Non-Executive Director	Mar 2016	Mr Hamish Roy McLennan Non-Executive Director Mr McLennan has over 30 years' experience in the media industry. He is currently Chairman of REA Group Limited (appointed 21 February 2012 and Chairman since 10 April 2012) and Chairman of HT&E Limited (appointed 30 October 2018). Hamish is also a Non-Executive Director of the tech firm Claim Central Consolidated (since January 2020) and was elected Chairman of Rugby Australia in June 2020. He was previously Executive Vice President, Office of the Chairman, News Corporation, and Global Chairman & CEO of Young & Rubicam (Y&R) in New York, part of WPP. Mr McLennan joined Young & Rubicam in 2002 as Chairman and CEO of Y&R Brands Australia/New Zealand. He was also previously Executive Chairman and Chief Executive Officer (March 2014 to July 2015) and Chief Executive Officer and Managing Director (February 2013 to March 2014) of Ten Network Holdings Limited. He has previously served on the Boards of Directors for the United Negro College Fund (UNCF) and the US Ad Council.
Mr Robert Darius Fraser	Non-Executive Chairman,Non-Executive Director	Apr 2014	Mr Robert Darius Fraser Non-Executive Chairman,Non-Executive Director Mr Fraser is a company director and corporate adviser with over 30 years of investment banking experience in mergers and takeovers, corporate and financial analysis, capital management and equity capital markets. He is presently the Managing Director of TC Corporate Pty Limited, the corporate advisory division of Taylor Collison Limited stockbrokers of which he is a Director and principal. Robert currently serves on the Boards of ARB Corporation Limited (since February 2004), F.F.I. Holdings Limited (since October 2011) and MFF Capital Investments Limited (since May 2019).
Ms Karen Leslie Phin	Non-Executive Director	Apr 2014	Ms Karen Leslie Phin Non-Executive Director Ms Phin has over 20 years' capital markets experience advising a range of Australian companies on their capital management and funding strategies. Until 2014, Karen was Managing Director and Head of Capital Management Advisory at Citigroup in Australia and New Zealand. From 1996 - 2009, she worked at UBS where she was also a Managing Director and led the Capital Management Group. Prior to joining Citigroup, Karen spent 12 months at ASIC as a Senior Specialist in the Corporations group. Karen is currently a Non-Executive Director of Omni Bridgeway Ltd (since August 2017), Non-Executive Director of ARB Corporation Limited (since June 2019) and is a member of the Takeovers Panel and the Ascham School Council of Governors.
Dr Brett Peter Cairns	Chief Executive Officer,Executive Director	Jan 2007	Dr Brett Peter Cairns Chief Executive Officer,Executive Director Dr Cairns was formerly co-head of the Capital Markets Group within Structured Finance at Babcock & Brown, which he joined in 2002. Brett was a former Managing Director and Head of Debt Capital Markets for Merrill Lynch in Australia where he worked from 1994 to 2002. Prior to joining Merrill Lynch, Brett spent 3 years with Credit Suisse Financial Products.
Mr Paul Anthony Lewis	Non-Executive Director	Dec 2006	Mr Paul Anthony Lewis Non-Executive Director Mr Lewis was Managing Partner and Chief Executive of Asia for PA Consulting Group, based in Hong Kong from 1992 - 2004, at the conclusion of which PA had offices in Hong Kong, Beijing, Tokyo, Bangalore, Singapore, Kuala Lumpur and Jakarta. Paul led assignments in financial services - retail banking, life insurance and stock exchanges, energy, manufacturing, telecommunications, rail, air, container shipping and government. Paul also served on senior advisory panels with ministerial representation in Hong Kong, Malaysia and Indonesia, and from 2003 to 2009 was a member of British Telecom's Global Advisory Board. Paul is currently Deputy National Chairman of the Australian British Chamber of Commerce, Chair of IPScape Limited, Chair of GWS Giants Foundation, and a board member of Volt Bank and Optal Limited. He was previously Chair of the NAB Private Advisory Board, NAB Business Advisory Board and British Telecom Global Advisory Board.

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Director Transactions

Date	Director	Type	Amount	Price	Value	Notes
21/07/21	Robert Fraser	Issued	3,558	$1.646	$5,858	Dividend Reinvestment Plan (DRP)
21/07/21	John Eales	Issued	3,074	$1.646	$5,061	Dividend Reinvestment Plan (DRP)
21/07/21	Hamish McLennan	Issued	512	$1.646	$843	Dividend Reinvestment Plan (DRP)
21/07/21	Kirsten Morton	Issued	307	$1.645	$505	Dividend Reinvestment Plan (DRP)
21/07/21	Brett Cairns	Issued	2,558	$1.647	$4,212	Dividend Reinvestment Plan (DRP)
21/07/21	Karen Phin	Issued	1,023	$1.646	$1,684	Dividend Reinvestment Plan (DRP)
15/01/21	Hamish McLennan	Buy	+571	$1.452	$829	Dividend Reinvestment Plan (DRP)
15/01/21	Karen Phin	Buy	+1,143	$1.451	$1,659	Dividend Reinvestment Plan (DRP)
15/01/21	John Eales	Buy	+3,434	$1.452	$4,986	Dividend Reinvestment Plan (DRP)
15/01/21	Brett Cairns	Buy	+2,857	$1.452	$4,148	Dividend Reinvestment Plan (DRP)
15/01/21	Robert Fraser	Buy	+3,972	$1.452	$5,767	Dividend Reinvestment Plan (DRP)
15/01/21	Kirsten Morton	Buy	+343	$1.452	$498	Dividend Reinvestment Plan (DRP)
28/07/20	Robert Fraser	Buy	+3,825	$1.485	$5,681	Dividend Reinvestment Plan (DRP)
28/07/20	Brett Cairns	Buy	+2,750	$1.485	$4,084	Dividend Reinvestment Plan (DRP)
28/07/20	John Eales	Buy	+3,304	$1.485	$4,907	Dividend Reinvestment Plan (DRP)
28/07/20	Paul Lewis	Buy	+10,523	$1.485	$15,630	Dividend Reinvestment Plan (DRP)
28/07/20	Hamish McLennan	Buy	+550	$1.484	$816	Dividend Reinvestment Plan (DRP)
28/07/20	Karen Phin	Buy	+1,100	$1.485	$1,633	Dividend Reinvestment Plan (DRP)
28/07/20	Kirsten Morton	Buy	+330	$1.485	$490	Dividend Reinvestment Plan (DRP)
16/01/20	Hamish McLennan	Issued	485	$1.547	$750	Dividend Reinvestment Plan (DRP)
16/01/20	Robert Fraser	Issued	3,395	$1.547	$5,252	Dividend Reinvestment Plan (DRP)
16/01/20	Karen Phin	Issued	970	$1.547	$1,501	Dividend Reinvestment Plan (DRP)
16/01/20	Kirsten Morton	Issued	291	$1.547	$450	Dividend Reinvestment Plan (DRP)
16/01/20	Paul Lewis	Issued	9,696	$1.547	$15,000	Dividend Reinvestment Plan (DRP)
16/01/20	Brett Cairns	Issued	2,424	$1.547	$3,750	Dividend Reinvestment Plan (DRP)
16/01/20	Kirsten Morton	Issued	291	$1.546	$450	Dividend Reinvestment Plan (DRP)
16/01/20	Brett Cairns	Issued	2,424	$1.547	$3,749	Dividend Reinvestment Plan (DRP)
16/01/20	Hamish McLennan	Issued	485	$1.546	$750	Dividend Reinvestment Plan (DRP)
16/01/20	Paul Lewis	Issued	9,696	$1.547	$14,999	Dividend Reinvestment Plan (DRP)
15/01/20	John Eales	Transfer	66,932	$1.66	$111,107	Off-market transfer
15/01/20	John Eales	Issued	15,016	$1.677	$25,174	Issue of securities
15/01/20	John Eales	Transfer	66,932	$1.66	$111,107	Off-market transfer
15/01/20	John Eales	Issued	2,912	$1.547	$4,505	Dividend Reinvestment Plan (DRP)
15/01/20	Karen Phin	Transfer	66,668	$1.66	$110,669	Off-market transfer
15/01/20	Brett Cairns	Issued	12,500	$1.66	$20,750	Issue of securities
15/01/20	Robert Fraser	Transfer	33,334	$1.66	$55,334	Off-market transfer
15/01/20	Karen Phin	Transfer	66,668	$1.66	$110,669	Off-market transfer
15/01/20	Robert Fraser	Issued	15,833	$1.66	$26,283	Issue of securities
15/01/20	Karen Phin	Issued	6,166	$1.66	$10,236	Issue of securities
15/01/20	Paul Lewis	Issued	42,499	$1.66	$70,548	Issue of securities
15/01/20	Robert Fraser	Transfer	33,334	$1.66	$55,334	Off-market transfer
15/01/20	Hamish McLennan	Issued	2,500	$1.66	$4,150	Issue of securities
15/01/20	Kirsten Morton	Issued	1,500	$1.66	$2,490	Issue of securities
15/01/20	John Eales	Issued	2,912	$1.547	$4,504	Dividend Reinvestment Plan (DRP)
15/01/20	John Eales	Transfer	66,932	$1.66	$111,107	Off-market transfer
15/01/20	Kirsten Morton	Issued	1,500	$1.66	$2,490	Issue of securities
15/01/20	Karen Phin	Transfer	66,668	$1.66	$110,668	Off-market transfer
15/01/20	Karen Phin	Transfer	66,668	$1.66	$110,668	Off-market transfer
15/01/20	Brett Cairns	Issued	12,500	$1.66	$20,750	Issue of securities
15/01/20	Robert Fraser	Issued	15,833	$1.66	$26,282	Issue of securities
15/01/20	Robert Fraser	Transfer	33,334	$1.66	$55,334	Off-market transfer
15/01/20	Robert Fraser	Transfer	33,334	$1.66	$55,334	Off-market transfer
15/01/20	Paul Lewis	Issued	42,499	$1.66	$70,548	Issue of securities

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Director Interests

Director	Last Notice	Direct Shares	Indirect Shares	Options	Convertibles
Kirsten Morton	21/07/2021	22,771	N/A	N/A	N/A
Karen Phin	21/07/2021	0	123,737	N/A	N/A
Hamish McLennan	21/07/2021	N/A	37,952	N/A	N/A
Brett Cairns	21/07/2021	N/A	189,759	N/A	N/A
John Eales	21/07/2021	0	228,008	N/A	N/A
Robert Fraser	21/07/2021	0	263,921	N/A	N/A
Colette Garnsey	30/11/2020	0	N/A	N/A	N/A
Paul Lewis	28/07/2020	N/A	1,496,053	N/A	N/A

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Top 20 Shareholders

About the Data

Name	Shares	Capital
Penpol Pty Limited	33,220,812	5.47%
HSBC Custody Nominees (Australia) Limited	17,430,149	2.87%
Midas Touch Investments P/L	14,144,282	2.33%
Nulls Nominees (Aust) Limited	8,521,455	1.40%
Navigator Australia Ltd	8,226,096	1.35%
AZQ Investments Pty Ltd	6,919,499	1.14%
Magellan Financial Group Ltd	6,412,367	0.56%
Netwealth Investments Limited	6,269,844	1.03%
BNP Paribas Nominees Pty Ltd Hu824 Custodial Serv Ltd	6,120,584	1.01%
Citicorp Nominees Pty Limited	4,843,414	0.80%
Cavalane Holdings Pty Ltd	3,416,667	0.56%
Nota Bene Investments Pty Ltd	3,416,667	0.56%
Merrill Lynch (Australia) Nominees Pty Limited	3,229,161	0.53%
Netwealth Investments Limited (I)	2,572,202	0.42%
Australian Executor Trustees Limited	2,345,182	0.39%
J P Morgan Nominees Australia Pty Limited	2,294,866	0.38%
Wheldons Pty Ltd	2,050,000	0.34%
Invia Custodian Pty Limited	1,390,219	0.23%
Padstow 2017 Pty Ltd	1,366,835	0.23%
Sylvania Pty Ltd	1,000,000	0.17%

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Shareholder Distribution

As reported in the most recent Annual Report.

The most recent Annual Report didn't contain Shareholder Distribution data.

Substantial Shareholders

Shareholders Buying

12 month transaction history compiled from ASX announcements.

No buy transactions reported by Substantial Shareholders in the past 12 months.

Shareholders Selling

12 month transaction history compiled from ASX announcements.

Share Price History

Date	Close	Change	%Chg	Open	High	Low	Volume	Turnover

Full Month

Historical Data

Year	Closing Price	Last Trade
2020	$1.40	30 June

MHH Historical Price Data (CSV)

Up to 20 years of EOD share price history

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