Regular readers will know that we are keen on investment trusts in general. Subscribers will also have seen thatthis week's magazine included a model investment trust portfolio. You can see it here (if you are a subscriber, that is).
Our model portfolio didn't focus particularly on income, and some have asked for a list of the highest yielding trusts. Good news, then, that Oriel Securties has just sent me the very thing. The table below shows a list of trusts that mainly invest in listed equities, are over £50m in size, and have a historic yield of over 4% (the FTSE All Share currently yields 3.7%).
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Highest yielding equity funds
| European Assets | 7.4 | 82 | (10) | (20) | 12 |
| Shires Income | 6.6 | 54 | 3 | (7) | 31 |
| Henderson High Income | 6.6 | 114 | 4 | (6) | 28 |
| Merchants | 6.5 | 365 | 4 | (12) | 26 |
| Schroder Income Growth | 5.5 | 125 | (5) | (7) | 20 |
| British Assets | 5.4 | 330 | (1) | (13) | 19 |
| Henderson Far East Income | 5.4 | 295 | 3 | (5) | 13 |
| Middlefield Canadian Income | 5.2 | 85 | 3 | (16) | 59 |
| Baclrock Commodities Income | 5.1 | 107 | 3 | (22) | 5 |
| Dunedin Income Growth | 5.0 | 319 | 1 | (6) | 32 |
| JPMorgan Global Emerging Income | 5.0 | 183 | 4 | (5) | N/A |
| Aberdeen Latin American | 4.8 | 60 | (3) | (11) | N/A |
| City of London | 4.7 | 682 | 5 | (3) | 34 |
| Standard Life Equity Income | 4.7 | 103 | (4) | (8) | 21 |
| Value and Income Trust | 4.6 | 79 | (19) | (8) | 33 |
| Edinburgh Investment Trust | 4.6 | 930 | 7 | 1 | 40 |
| Murray Income | 4.6 | 408 | 2 | (4) | 33 |
| JPMorgan Claverhouse | 4.6 | 217 | (7) | (12) | 20 |
| TR Property (Ord) | 4.5 | 373 | (12) | (21) | 22 |
| Scottish American | 4.5 | 280 | 5 | (14) | 35 |
| JPMorgan Mid Cap | 4.4 | 92 | (15) | (14) | 19 |
| INVESCO Income Growth | 4.4 | 123 | (0) | (0) | 36 |
| Schroder Oriental Income | 4.2 | 265 | 1 | (1) | 57 |
| F&C Capital & Income | 4.2 | 184 | 3 | (5) | 19 |
| Manchester & London | 4.1 | 68 | (11) | (24) | 6 |
| TR Property Sigma Shares | 4.1 | 78 | (24) | (26) | 22 |
| Perpetual Income & Growth | 4.1 | 545 | (0) | (2) | 34 |
| Murray International* | 4.0 | 1,100 | 10 | (2) | 41 |
| Securities Trust of Scotland | 4.0 | 118 | 3 | (3) | 37 |
| Blackrock World Mining* | 4.0 est (a) | 1,025 | (10) | (26) | 33 |
| Temple Bar | 4.0 | 530 | 5 | (4) | 38 |
| FTSE 100 | 3.9 | Row 31 - Cell 2 | Row 31 - Cell 3 | (5) | 23 |
| FTSE 250 | 3.1 | Row 32 - Cell 2 | Row 32 - Cell 3 | (11) | 37 |
-
Can I inherit my partner's ISA? – little known tax break can boost your allowance by thousandsInheriting a partner’s ISA is fairly simple and comes with special advantages if you’re married or in a civil partnership – knowing what to do with it, however, isn’t always as straightforward
-
Can AI results boost Microsoft and Meta’s shares?Alphabet and Tesla’s stock saw contrasting movements after last week’s earnings. This week, Microsoft and Meta’s reports are followed by Amazon and Apple’s.
-
House prices to crash? Your house may still be making you money, but not for much longerOpinion If you’re relying on your property to fund your pension, you may have to think again. But, says Merryn Somerset Webb, if house prices start to fall there may be a silver lining.
-
Prepare your portfolio for recessionOpinion A recession is looking increasingly likely. Add in a bear market and soaring inflation, and things are going to get very complicated for investors, says Merryn Somerset Webb.
-
Investing for income? Here are six investment trusts to buy nowOpinion For many savers and investors, income is getting hard to find. But it's not impossible to find, says Merryn Somerset Webb. Here, she picks six investment trusts that are currently yielding more than 4%.
-
Stories are great – but investors should stick to realityOpinion Everybody loves a story – and investors are no exception. But it’s easy to get carried away, says Merryn Somerset Webb, and forget the underlying truth of the market.
-
Everything is collapsing at once – here’s what to do about itOpinion Equity and bond markets are crashing, while inflation destroys the value of cash. Merryn Somerset Webb looks at where investors can turn to protect their wealth.
-
ESG investing could end up being a classic mistakeOpinion ESG investing has been embraced with enormous speed and zeal. But think long and hard before buying in, says Merryn Somerset Webb.
-
UK house prices will fall – but not for a few yearsOpinion UK house prices look out of reach for many. But the truth is that British property is surprisingly affordable, says Merryn Somerset Webb. Prices will fall at some point – but not yet.
-
This isn’t the stagflationary 1970s – but neither is it the low-rate world of the 2010sOpinion With soaring energy prices and high inflation, it might seem like we’re on a fast track back to the 1970s. We’re not, says Merryn Somerset Webb. But we’re not going back to the 2010s either.
