We live in extraordinary times for income-orientated investors. Finally, everyone seems to have come round to the idea that we’re going to be stuck in a low-interest-rate environment for longer than we thought – possibly decades. That means there’s a ferocious scramble for yield and quality stuff gets snapped up.
Not surprisingly, investment trusts are stepping up to the mark to meet this demand. Some of the funds being marketed at the moment look a bit too complicated for my liking, but others offer a stream of income payments that makes sense. As an investor [...]