# Henderson Smaller Companies Investment Trust PLC (HSL)

**Page:** https://fundology.uk/fund/hsl · ISIN GB0009065060

## 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 13/11/2026, HSL (Henderson Smaller Companies Investment Trust PLC, ISIN GB0009065060) closed at £9.73 on the London Stock Exchange. Over the five years to 13/11/2026 its price changed by −20.5% (income paid out is not included), or −38.0% after UK CPIH inflation.

## Summary

Henderson Smaller Companies 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: **£9.73** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | HSL |
| ISIN | GB0009065060 |
| Category | Investment trusts |
| Type | Investment trust |
| Domicile | United Kingdom |

## Past returns (periods to 13/11/2026)

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

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +16.81% | +12.67% | price only |
| 3 years | +41.42% | +27.77% | price only |
| 5 years | -20.51% | -37.95% | price only |

Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Henderson Smaller Companies Investment Trust PLC in pounds (price only, income paid out not included): 2022 −31.9%, 2023 −1.8%, 2024 −1.6%, 2025 +5.4%; 2026 to 13/11/2026 +13.7%. Returns of Henderson Smaller Companies Investment Trust PLC in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +11.7%; to 30/09/2025: −0.8%; to 30/09/2024: +24.1%; to 30/09/2023: +0.7%; to 30/09/2022: −42.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -31.9% | -37.7% | Price |
| 2023 | -1.8% | -5.7% | Price |
| 2024 | -1.6% | -4.9% | Price |
| 2025 | +5.4% | +1.8% | Price |
| 2026 to 13/11/2026 | +13.7% | +10.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 17.65% | -15.91% |
| 3 years | 19.26% | -26.89% |
| 5 years | 21.97% | -49.36% |

## Largest fall

Volatility of Henderson Smaller Companies Investment Trust PLC in pounds, annualised from weekly returns to 13/11/2026: 17.7% over 1 year, 19.3% over 3 years, 22.0% over 5 years. Largest fall in the price of Henderson Smaller Companies Investment Trust PLC since November 2021, in pounds: −49.4% from 19/11/2021 to 27/10/2023. The lowest 12-month return of Henderson Smaller Companies Investment Trust PLC in pounds (price only, income paid out not included) since January 2021 was −42.7% (12 months to 02/09/2022); the highest was +34.5% (12 months to 25/10/2024). On 13/11/2026 the price of Henderson Smaller Companies Investment Trust PLC was 21.7% below its highest weekly close since November 2021 (19/11/2021), in pounds.

## Charges & eligibility

- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ISIN of HSL?**

The ISIN of HSL is GB0009065060. An ISIN identifies one exact share class of a fund; HSL is its ticker on the London Stock Exchange.

**What were HSL’s returns in each of the last five years?**

Calendar-year returns of HSL in pounds (price only, income paid out not included): 2022 −31.9%, 2023 −1.8%, 2024 −1.6%, 2025 +5.4%; 2026 to 13/11/2026 +13.7%. Past performance is not a guide to future returns.

**How has HSL done after inflation?**

Over the five years to 13/11/2026 HSL’s price changed by −20.5% (income paid out is not included), or −38.0% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.