Overview
Access
/time_series
data via our API — starting from the
Basic plan and above.
Description
Law Debenture Corporation plc is a British-based investment trust established in 1889, combining a diversified UK income investment portfolio with independent professional services. Its primary objective is to deliver long-term capital growth in real terms alongside steadily increasing income, achieving 45 consecutive years of dividend growth or maintenance. The investment trust focuses on value-driven stock selection across sectors like financial services (24.76%), industrials (21.54%), and basic materials (10.16%), with top holdings including Barclays plc, HSBC Holdings plc, and Rio Tinto plc, predominantly in the United Kingdom (83.56%). Complementing this, its professional services division offers fiduciary solutions such as corporate trust, secretarial services, trustees for pension funds and companies, whistle-blowing services, and appointment of agents and directors. This unique dual structure provides shareholders with consistent income contributions and enhanced managerial flexibility, underscoring its enduring role in the financial markets as a FTSE 250 constituent.
About
Instrument type
Closed-end fund
Country
Germany
MIC code
XDUS