A safe long- term bet for our investment-trust income portfolio

Utilities make sense if you’re looking for income, says David Stevenson. But regulators and politicians can ruin the attractions. Make sure you diversify your holdings.

893_MW_P32_Income

Ecofin is a latecomer to the benefits of renewable power

Utilities make sense if you're building an income portfolio, but regulators and politicians can ruin the attractions. Make sure you diversify your holdings.

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FundTickerIssueDatePortfolioLatest yield
CQS New City High YieldLSE: NCYF86827/10/17Both7.2%
Gravis Clean EnergyClass C87301/12/17BothTarget 4.5%
Sequoia Economic InfrastructureLSE: SEQI87705/01/18Adventurous5.5%
MedicXLSE: MXF87705/01/18Adventurous7.5%
HICL InfrastructureLSE: HICL88209/02/18Cautious5.4%
Ecofin Global Utiliesand InfrastructureLSE: EGL89327/04/18Both5.2%
David C. Stevenson
Contributor

David Stevenson has been writing the Financial Times Adventurous Investor column for nearly 15 years and is also a regular columnist for Citywire. He writes his own widely read Adventurous Investor SubStack newsletter at davidstevenson.substack.com

David has also had a successful career as a media entrepreneur setting up the big European fintech news and event outfit www.altfi.com as well as www.etfstream.com in the asset management space. 

Before that, he was a founding partner in the Rocket Science Group, a successful corporate comms business. 

David has also written a number of books on investing, funds, ETFs, and stock picking and is currently a non-executive director on a number of stockmarket-listed funds including Gresham House Energy Storage and the Aurora Investment Trust. 

In what remains of his spare time he is a presiding justice on the Southampton magistrates bench.