The North American Income Trust plc is a United Kingdom-based investment trust. The Company’s investment is to provide investors with dividend income and long-term capital growth through management of a portfolio consisting predominately of S&P 500 United States equities. The Company invests in a portfolio predominantly comprised of S&P 500 constituents. The Company may also invest in Canadian stocks and United States mid and small capitalization companies to provide for diversified sources of income. The Company may invest up to 20% of its gross assets in fixed income investments, which may include non-investment grade debt. Its investment policy is flexible, enabling it to invest in all types of securities, including (but not limited to) equities, preference shares, debt, convertible securities, warrants, depositary receipts and other equity-related securities. abrdn Inc. acts as the investment manager of the Company.