# Brunner Investment Trust PLC (BUT)

**Source:** https://fundology.uk/fund/but · ISIN GB0001490001 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, BUT (Brunner Investment Trust PLC, ISIN GB0001490001) closed at £15.62 on the London Stock Exchange. Over the five years to 30/09/2026 its price changed by +54.7% (income paid out is not included), or +22.3% after UK CPIH inflation.

## Summary

Brunner Investment Trust PLC is an investment trust. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Latest close: **£15.62** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | BUT |
| ISIN | GB0001490001 |
| Category | Investment trusts |
| Type | Investment trust |
| Domicile | United Kingdom |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +8.17% | +5.23% | price only |
| 3 years | +50.92% | +37.03% | price only |
| 5 years | +54.65% | +22.30% | price only |

Returns: Fundology, from recorded daily closes. Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Brunner Investment Trust PLC in pounds (price only, income paid out not included): 2022 −8.1%, 2023 +17.6%, 2024 +19.6%, 2025 −1.0%; 2026 to 30/09/2026 +10.0%. Returns of Brunner Investment Trust PLC in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +9.2%; to 30/09/2025: +2.1%; to 30/09/2024: +32.1%; to 30/09/2023: +13.0%; to 30/09/2022: −10.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -8.1% | -15.9% | Price |
| 2023 | +17.6% | +13.0% | Price |
| 2024 | +19.6% | +15.5% | Price |
| 2025 | -1.0% | -4.4% | Price |
| 2026 to 30/09/2026 | +10.0% | +6.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 14.06% | -9.57% |
| 3 years | 15.84% | -19.46% |
| 5 years | 16.03% | -19.46% |

## Largest fall

Volatility of Brunner Investment Trust PLC in pounds, annualised from weekly returns to 30/09/2026: 14.1% over 1 year, 15.8% over 3 years, 16.0% over 5 years. Largest fall in the price of Brunner Investment Trust PLC since October 2021, in pounds: −19.5% from 06/12/2024 to 04/04/2025. The lowest 12-month return of Brunner Investment Trust PLC in pounds (price only, income paid out not included) since January 2021 was −10.7% (12 months to 23/09/2022); the highest was +46.0% (12 months to 25/10/2024). On 30/09/2026 the price of Brunner Investment Trust PLC was 1.1% below its highest weekly close since October 2021 (28/08/2026), in pounds.

## Charges & eligibility

- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.