Montanaro European Smaller Companies Trust plc (MTE.L)
Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange. The fund seeks to benchmark the performance of its portfolio against the MSCI Europe Small Cap Index. It was formerly known as ISIS Smaller Companies Trust plc. Montanaro European Smaller Companies Trust plc was formed on December 8, 2000 and is domiciled in the United Kingdom.
Company Info
Highlights
£297.71M
£0.08
5.66
£56.82M
£56.82M
-£224.00K
£131.57 - £160.50
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of £10,000 in Montanaro European Smaller Companies Trust plc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Montanaro European Smaller Companies Trust plc had a return of 12.81% year-to-date (YTD) and 17.80% in the last 12 months. Over the past 10 years, Montanaro European Smaller Companies Trust plc had an annualized return of 12.63%, outperforming the S&P 500 benchmark which had an annualized return of 11.29%.
MTE.L
12.81%
8.19%
10.84%
17.80%
5.99%
12.63%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MTE.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 10.32% | 12.81% | |||||||||||
| 2024 | -4.26% | 5.07% | 4.17% | -4.21% | 4.40% | -2.81% | 4.69% | 0.28% | 0.35% | -0.00% | -5.86% | 2.93% | 3.96% |
| 2023 | 0.96% | 4.54% | -3.64% | 1.89% | -2.14% | 1.46% | -2.30% | -4.99% | -7.59% | -9.55% | 14.07% | 10.39% | 0.53% |
| 2022 | -21.18% | -9.02% | 6.73% | -12.02% | -6.77% | -12.92% | 16.33% | -9.45% | -15.03% | 9.31% | 13.80% | 1.27% | -38.36% |
| 2021 | -4.39% | 4.11% | -2.13% | 7.76% | 0.29% | -1.15% | 15.41% | 6.80% | -5.66% | 1.00% | 7.92% | 0.69% | 32.83% |
| 2020 | 4.02% | -13.00% | -13.17% | 17.05% | 11.41% | 4.14% | 7.53% | 6.23% | 2.75% | -0.89% | 7.01% | 11.09% | 47.55% |
| 2019 | 3.98% | 3.53% | 1.14% | 8.76% | -1.86% | 12.89% | 2.56% | -5.45% | -1.68% | -0.49% | 6.88% | 2.99% | 37.01% |
| 2018 | 3.81% | -1.78% | -3.61% | 1.56% | 4.92% | 6.74% | -0.54% | 6.08% | 0.52% | -12.95% | 2.38% | -4.94% | 0.44% |
| 2017 | 4.41% | 2.50% | 6.11% | 6.19% | 6.64% | 2.04% | -0.87% | 1.76% | -0.06% | 2.66% | -3.43% | 1.44% | 33.02% |
| 2016 | -8.64% | 0.00% | 0.19% | 4.07% | 0.36% | -4.95% | 11.85% | 2.59% | 1.26% | 5.18% | -9.92% | 3.73% | 3.74% |
| 2015 | 10.48% | -1.22% | 6.40% | -0.78% | 3.87% | -2.96% | 3.50% | -4.69% | 1.77% | 3.67% | -1.87% | 12.17% | 33.05% |
| 2014 | 1.17% | 4.05% | -0.00% | -0.00% | -2.50% | -2.17% | -4.39% | -4.80% | 1.09% | -6.20% | 2.36% | -2.52% | -13.54% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 76, MTE.L is among the top 24% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Montanaro European Smaller Companies Trust plc (MTE.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Montanaro European Smaller Companies Trust plc provided a 75.71% dividend yield over the last twelve months, with an annual payout of £1.20 per share. The company has been increasing its dividends for 16 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | £1.20 | £1.20 | £1.00 | £0.93 | £0.93 | £0.93 | £0.93 | £0.85 | £0.83 | £0.75 | £0.75 | £0.70 |
Dividend yield | 75.71% | 85.41% | 73.16% | 68.37% | 42.14% | 55.98% | 82.59% | 103.98% | 101.35% | 122.55% | 127.12% | 157.84% |
Monthly Dividends
The table displays the monthly dividend distributions for Montanaro European Smaller Companies Trust plc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | £0.00 | £0.00 | £0.00 | ||||||||||
| 2024 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.90 | £0.00 | £0.00 | £0.00 | £0.30 | £1.20 |
| 2023 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.77 | £0.00 | £0.00 | £0.00 | £0.23 | £1.00 |
| 2022 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.73 | £0.00 | £0.00 | £0.00 | £0.20 | £0.93 |
| 2021 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.73 | £0.00 | £0.00 | £0.00 | £0.20 | £0.93 |
| 2020 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.73 | £0.00 | £0.00 | £0.00 | £0.20 | £0.93 |
| 2019 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.73 | £0.00 | £0.00 | £0.00 | £0.20 | £0.93 |
| 2018 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.68 | £0.00 | £0.00 | £0.00 | £0.00 | £0.18 | £0.85 |
| 2017 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.65 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.18 | £0.83 |
| 2016 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.58 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.18 | £0.75 |
| 2015 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.58 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.18 | £0.75 |
| 2014 | £0.53 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.18 | £0.70 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Montanaro European Smaller Companies Trust plc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Montanaro European Smaller Companies Trust plc was 69.60%, occurring on Sep 30, 2002. Recovery took 573 trading sessions.
The current Montanaro European Smaller Companies Trust plc drawdown is 29.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -69.6% | Mar 13, 2000 | 547 | Sep 30, 2002 | 573 | Aug 1, 2005 | 1120 |
| -57.43% | Jul 16, 2007 | 316 | Mar 12, 2009 | 289 | Dec 23, 2010 | 605 |
| -53.79% | Nov 22, 2021 | 214 | Sep 29, 2022 | — | — | — |
| -42.58% | Jan 23, 2020 | 41 | Mar 19, 2020 | 49 | Jun 2, 2020 | 90 |
| -39.79% | Aug 6, 1998 | 3 | Oct 16, 1998 | 192 | Sep 10, 1999 | 195 |
Volatility
Volatility Chart
The current Montanaro European Smaller Companies Trust plc volatility is 4.63%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Montanaro European Smaller Companies Trust plc compared to its peers in the Asset Management industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for MTE.L in comparison to other companies of the Asset Management industry. Currently, MTE.L has a PE value of 5.7. This PE value is considered to be low compared to the rest of the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for MTE.L in comparison to other companies of the Asset Management industry. Currently, MTE.L has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Montanaro European Smaller Companies Trust plc.
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Income Statement
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