Half of investment companies now paying a quarterly dividend
Latest data from the AIC on member companies’ dividend payment dates.
As investors’ search for yield continues, new research from the Association of Investment Companies (AIC) using Morningstar data reveals that investment companies continue to adapt to meet shareholders’ requirement for income.
The latest data suggests that half (50%) of conventional member companies which pay a dividend now pay on a quarterly basis. This compares with 46% last year and 43% in 2016. Furthermore, there are no longer any investment companies that pay a tri-annual dividend as European Assets, the only investment company that did so previously, has now moved to a quarterly dividend.
The number of conventional member investment companies paying a bi-annual dividend has marginally decreased this year, down two percentage points to 26%, while a fifth (21%) continue to pay an annual dividend, down from 23% in 2017.
SQN Asset Finance Income joins the list of conventional member companies that pay a monthly dividend, which includes Ediston Property, F&C Commercial Property, Fair Oaks Income, SQN Secured Income and TwentyFour Select Monthly Income.
Commenting on this latest data, Annabel Brodie-Smith, Communications Director of the Association of Investment Companies said: “The start of 2018 has been an interesting time for markets but with interest rates still near record lows, income is very much on investors’ agenda. Now, half of AIC conventional member companies are paying quarterly dividends to meet investors’ demand for income, demonstrating the ability of the investment company sector to adapt to meet investors’ financial needs.
“There are a number of income advantages for investment companies, including the ability to ‘smooth dividends’ by holding back some of the income they receive in good times to boost their dividends in tougher times. The closed-ended structure of investment companies makes them particularly suitable for higher yielding illiquid assets such as property and infrastructure. Last year saw a number of new property investment company launches which are paying quarterly dividends, again highlighting the demand for yield from investors.”
Conventional AIC member companies’ dividend payment dates
Monthly dividends
|
Company |
AIC sector |
Dividend yield (%) at 13/02/18 |
|---|---|---|
|
Ediston Property |
Property Direct - UK |
5.28 |
|
F&C Commercial Property |
Property Direct - UK |
4.28 |
|
Fair Oaks Income 2014* |
Sector Specialist: Debt |
15.40 |
|
Fair Oaks Income 2017 |
Sector Specialist: Debt |
13.38 |
|
SQN Asset Finance Income |
Sector Specialist: Leasing |
8.12 |
|
SQN Asset Finance Income C shares* |
Sector Specialist: Leasing |
2.10 |
|
SQN Secured Income |
Sector Specialist: Debt |
6.90 |
|
TwentyFour Select Monthly Income |
Sector Specialist: Debt |
6.55 |
Quarterly dividends
|
Company |
AIC sector |
Dividend dates |
Dividend yield (%) at 13/02/18 |
|---|---|---|---|
|
Aberdeen Asian Income |
Asia Pacific - Excluding Japan |
Feb, May, Aug, Nov |
4.29 |
|
Aberdeen Diversified Income & Growth |
Flexible Investment |
Mar, Jun, Sep, Dec |
4.87 |
|
Aberdeen Emerging Markets |
Global Emerging Markets |
Feb, May, Aug, Nov |
3.22 |
|
Aberdeen Latin American Income |
Latin America |
Jan, Apr, Jul, Oct |
4.86 |
|
Aberdeen Smaller Companies Income |
UK Equity & Bond Income |
Jan, Apr, Jul, Oct |
2.64 |
|
AEW UK Long Lease REIT |
Property Specialist |
Jan, Apr, Jul, Oct |
5.30 |
|
AEW UK REIT |
Property Direct - UK |
Mar, Jun, Sep, Dec |
8.83 |
|
Alcentra European Floating Rate Income |
Sector Specialist: Debt |
Feb, May, Aug, Nov |
5.35 |
|
Alliance Trust |
Global |
Mar, Jun, Sep, Dec |
1.91 |
|
Amedeo Air Four Plus |
Sector Specialist: Leasing |
Jan, Apr, Jul, Oct |
7.75 |
|
Axiom European Financial Debt |
Sector Specialist: Debt |
Jan, Apr, Jul, Oct |
5.53 |
|
Bankers |
Global |
Feb, May, Aug, Nov |
2.20 |
|
BioPharma Credit |
Sector Specialist: Debt |
Jan, Apr, Jul, Oct |
3.86 |
|
BlackRock Commodities Income |
Sector Specialist: Commodities & Natural Resources |
Jan, Apr, Jul, Oct |
5.44 |
|
BlackRock North American Income |
North America |
Jan, Apr, Jul, Oct |
5.10 |
|
BlackRock World Mining |
Sector Specialist: Commodities & Natural Resources |
Feb, May, Aug, Nov |
3.10 |
|
Blackstone/GSO Loan Financing |
Sector Specialist: Debt |
Feb, May, Aug, Nov |
10.64 |
|
Blue Capital Alternative Income |
Sector Specialist: Insurance & Reinsurance Strategies |
Feb, May, Aug, Nov |
10.82 |
|
Bluefield Solar Income Fund |
Sector Specialist: Infrastructure - Renewable Energy |
Mar, Jun, Sep, Dec |
6.55 |
|
Brunner |
Global |
Mar, Jun, Sep, Dec |
2.20 |
|
Chenavari Toro Income |
Sector Specialist: Debt |
Mar, Jun, Sep, Dec |
8.41 |
|
City Merchants High Yield |
UK Equity & Bond Income |
Feb, May, Aug, Nov |
5.35 |
|
City Natural Resources High Yield |
Sector Specialist: Commodities & Natural Resources |
Feb, May, Aug, Nov |
4.80 |
|
City of London |
UK Equity Income |
Feb, May, Aug, Nov |
4.22 |
|
Civitas Social Housing |
Property Specialist |
Mar, Jun, Sep, Dec |
4.65 |
|
CQS New City High Yield |
UK Equity & Bond Income |
Feb, May, Aug, Nov |
6.66 |
|
Custodian REIT |
Property Direct - UK |
Feb, May, Aug, Nov |
5.70 |
|
CVC Credit Partners European Opps |
Sector Specialist: Debt |
Jan, Apr, Jul, Oct |
4.84 |
|
CVC Credit Partners European Opps Euro* |
Sector Specialist: Debt |
Jan, Apr, Jul, Oct |
4.95 |
|
Diverse Income Trust |
UK Equity Income |
Feb, May, Aug, Nov |
3.16 |
|
Drum Income Plus REIT |
Property Direct - UK |
Feb, May, Aug, Nov |
6.28 |
|
Dunedin Income Growth |
UK Equity Income |
Feb, May, Aug, Nov |
4.80 |
|
Ecofin Global Utilities and Infrastructure |
Sector Specialist: Utilities |
Feb, May, Aug, Nov |
5.60 |
|
Edinburgh Investment |
UK Equity Income |
Feb, May, Aug, Nov |
4.09 |
|
European Assets |
European Smaller Companies |
Jan, Apr, Jul, Oct |
5.65 |
|
F&C Capital & Income |
UK Equity Income |
Mar, Jun, Sep, Dec |
3.41 |
|
F&C Managed Portfolio Income |
Flexible Investment |
Jan, Apr, Jul, Oct |
4.13 |
|
F&C Private Equity |
Private Equity |
Mar, Jun, Sep, Dec |
3.84 |
|
F&C UK High Income |
UK Equity Income |
Feb, May, Aug, Nov |
4.78 |
|
F&C UK High Income B* |
UK Equity Income |
Feb, May, Aug, Nov |
4.78 |
|
F&C UK Real Estate Investments |
Property Direct - UK |
Mar, Jun, Sep, Dec |
4.93 |
|
Foresight Solar Fund |
Sector Specialist: Infrastructure - Renewable Energy |
Mar, Jun, Sep, Dec |
6.08 |
|
Foreign & Colonial Investment Trust |
Global |
Feb, May, Aug, Nov |
1.64 |
|
Funding Circle SME Income Fund |
Sector Specialist: Debt |
Jan, Apr, Jul, Oct |
6.27 |
|
GCP Asset Backed Income |
Sector Specialist: Debt |
Feb, May, Aug, Nov |
5.89 |
|
GCP Infrastructure Investments |
Sector Specialist: Infrastructure |
Feb, May, Aug, Nov |
6.38 |
|
GCP Student Living |
Property Specialist |
Mar, Jun, Sep, Dec |
4.26 |
|
Greencoat Renewables |
Sector Specialist: Infrastructure - Renewable Energy |
Feb, May, Aug, Nov |
5.69 |
|
Greencoat UK Wind |
Sector Specialist: Infrastructure - Renewable Energy |
Feb, May, Aug, Nov |
5.47 |
|
Hadrian's Wall Secured Investments |
Sector Specialist: Debt |
Jan, Apr, Jul, Oct |
6.02 |
|
Henderson Diversified Income |
Global High Income |
Mar, Jun, Sep, Dec |
5.19 |
|
Henderson Far East Income |
Asia Pacific - Excluding Japan |
Feb, May, Aug, Nov |
6.01 |
|
Henderson High Income |
UK Equity & Bond Income |
Jan, Apr, Jul, Oct |
5.42 |
|
Henderson International Income |
Global Equity Income |
Jan, Apr, Jul, Oct |
3.28 |
|
HICL Infrastructure |
Sector Specialist: Infrastructure |
Mar, Jun, Sep, Dec |
5.41 |
|
ICG Enterprise |
Private Equity |
Jan, Apr, Jul, Oct |
2.49 |
|
ICG-Longbow Senior Secured UK Property Debt Inv |
Sector Specialist: Debt |
Jan, Apr, Jul, Oct |
5.91 |
|
Impact Healthcare REIT |
Property Specialist |
Feb, May, Aug, Nov |
5.77 |
|
Invesco Income Growth |
UK Equity Income |
Mar, Jul, Oct, Dec |
3.97 |
|
Invesco Perpetual Enhanced Income |
Global High Income |
Jan, May, Jul, Oct |
6.46 |
|
Invesco Perpetual Select Global Equity Income |
Global Equity Income |
Feb, May, Aug, Nov |
3.12 |
|
Invesco Perpetual Select UK Equity* |
UK All Companies |
Feb, May, Aug, Nov |
3.53 |
|
Invesco Perpetual UK Smaller Companies |
UK Smaller Companies |
Mar, Jun, Sep, Dec |
3.50 |
|
Investment Company |
UK Equity Income |
Feb, May, Aug, Nov |
6.45 |
|
John Laing Environmental Assets Group |
Sector Specialist: Infrastructure - Renewable Energy |
Mar, Jun, Sep, Dec |
6.23 |
|
JPMorgan Asian |
Asia Pacific - Excluding Japan |
Mar, Jun, Sep, Dec |
3.97 |
|
JPMorgan Claverhouse |
UK Equity Income |
Mar, Jun, Sep, Dec |
3.75 |
|
JPMorgan Elect Managed Growth |
Global |
Mar, Jun, Sep, Dec |
1.46 |
|
JPMorgan Elect Managed Income* |
UK Equity Income |
Mar, Jun, Sep, Dec |
3.85 |
|
JPMorgan European Income |
Europe |
Jan, Apr, Jul, Oct |
3.57 |
|
JPMorgan Global Convertibles Income |
Sector Specialist: Debt |
Mar, Jun, Oct, Dec |
4.66 |
|
JPMorgan Global Emerging Markets Income |
Global Emerging Markets |
Jan, Apr, Jul, Oct |
3.78 |
|
JPMorgan Global Growth & Income |
Global Equity Income |
Jan, Apr, Jul, Oct |
3.87 |
|
Jupiter UK Growth |
UK All Companies |
Mar, Jun, Sep, Dec |
2.30 |
|
Lowland |
UK Equity Income |
Jan, Apr, Jul, Oct |
3.49 |
|
LXI REIT |
Property Direct - UK |
Mar, Jun, Sep, Dec |
2.47 |
|
Martin Currie Global Portfolio |
Global |
Jan, Apr, Jul, Oct |
1.79 |
|
Marwyn Value Investors |
Global Smaller Companies |
Jan, Apr, Jul, Oct |
5.83 |
|
MedicX |
Property Specialist |
Mar, Jun, Sep, Dec |
7.26 |
|
Mercantile |
UK All Companies |
Feb, May, Aug, Oct |
2.43 |
|
Merchants |
UK Equity Income |
Feb, May, Aug, Nov |
5.26 |
|
Middlefield Canadian Income Trusts |
North America |
Jan, Apr, Jul, Oct |
5.23 |
|
Murray Income |
UK Equity Income |
Jan, Apr, Jul, Oct |
4.38 |
|
Murray International |
Global Equity Income |
Feb, May, Aug, Nov |
4.13 |
|
NB Global Floating Rate Income |
Sector Specialist: Debt |
Feb, May, Aug, Nov |
3.59 |
|
NB Global Floating Rate Income USD* |
Sector Specialist: Debt |
Feb, May, Aug, Nov |
3.60 |
|
North American Income |
North America |
Feb, Jun, Aug, Nov |
3.10 |
|
P2P Global Investments |
Sector Specialist: Debt |
Feb, May, Aug, Nov |
2.59 |
|
Perpetual Income & Growth |
UK Equity Income |
Mar, Jun, Sep, Dec |
3.90 |
|
Personal Assets |
Flexible Investment |
Jan, Apr, Jul, Oct |
1.41 |
|
Picton Property Income |
Property Direct - UK |
Feb, May, Aug, Nov |
4.16 |
|
PRS REIT |
Property Direct - UK |
Mar, Jun, Sep, Dec |
4.46 |
|
Real Estate Credit Investments |
Sector Specialist: Debt |
Mar, Jun, Sep, Dec |
6.96 |
|
Regional REIT |
Property Direct - UK |
Jan, Apr, Jul, Oct |
7.87 |
|
Renewables Infrastructure Group |
Sector Specialist: Infrastructure - Renewable Energy |
Mar, Jun, Sep, Dec |
6.31 |
|
Residential Secure Income REIT |
Property Specialist |
Mar, Jun, Sep, Dec |
2.60 |
|
RM Secured Direct Lending |
Sector Specialist: Debt |
Mar, May, Aug, Nov |
3.90 |
|
Schroder European Real Estate |
Property Direct - Europe |
Feb, May, Aug, Nov |
4.43 |
|
Schroder Income Growth |
UK Equity Income |
Jan, Apr, Jul, Oct |
4.22 |
|
Schroder Oriental Income |
Asia Pacific - Excluding Japan |
Jan, Apr, Jul, Oct |
3.85 |
|
Schroder Real Estate |
Property Direct - UK |
Feb, May, Aug, Nov |
4.04 |
|
Scottish American |
Global Equity Income |
Mar, Jun, Sep, Dec |
3.17 |
|
Scottish Investment Trust |
Global |
Mar, Jun, Sep, Dec |
2.45 |
|
Securities Trust of Scotland |
Global Equity Income |
Mar, Jun, Sep, Dec |
3.62 |
|
Seneca Global Income & Growth |
Flexible Investment |
Mar, Jun, Sep, Dec |
3.69 |
|
Sequoia Economic Infrastructure Income |
Sector Specialist: Infrastructure |
Mar, Jun, Sep, Dec |
5.61 |
|
Shires Income |
UK Equity Income |
Jan, Apr, Jul, Oct |
4.64 |
|
Standard Life Equity Income |
UK Equity Income |
Mar, Jun, Sep, Dec |
4.00 |
|
Standard Life Investments Property Income |
Property Direct - UK |
Feb, May, Aug, Nov |
5.13 |
|
Standard Life Private Equity |
Private Equity |
Mar, Jun, Sep, Dec |
3.71 |
|
Starwood European Real Estate Finance |
Sector Specialist: Debt |
Feb, May, Aug, Nov |
6.00 |
|
Target Healthcare REIT |
Property Specialist |
Feb, May, Aug, Nov |
6.03 |
|
Temple Bar |
UK Equity Income |
Mar, Jun, Sep, Dec |
3.30 |
|
Tetragon Financial Group |
Flexible Investment |
Mar, May, Aug, Dec |
5.30 |
|
TOC Property Backed Lending |
Sector Specialist: Debt |
Feb, May, Aug, Nov |
6.76 |
|
Triple Point Social Housing REIT |
Property Specialist |
Mar, Jun, Sep, Dec |
3.57 |
|
Troy Income & Growth |
UK Equity Income |
Jan, Apr, Jul, Oct |
3.52 |
|
TwentyFour Income |
Sector Specialist: Debt |
Jan, Apr, Jul, Oct |
5.90 |
|
UK Commercial Property |
Property Direct - UK |
Mar, May, Aug, Nov |
4.24 |
|
UK Mortgages |
Sector Specialist: Debt |
Jan, Apr, Jul, Oct |
6.69 |
|
Utilico Emerging Markets |
Global Emerging Markets |
Mar, Jun, Sep, Dec |
3.21 |
|
Value and Income |
UK Equity Income |
Jan, Apr, Jul, Oct |
4.37 |
|
Volta Finance |
Sector Specialist: Debt |
Mar, Jun, Sep, Dec |
8.99 |
|
VPC Specialty Lending Investments |
Sector Specialist: Debt |
Mar, Jun, Sep, Dec |
8.65 |
|
Warehouse REIT |
Property Specialist |
Mar, Jun, Sep, Dec |
5.00 |
|
Witan |
Global |
Mar, Jun, Sep, Dec |
2.19 |
Bi-annual dividends
|
Company |
AIC sector |
Dividend dates |
Dividend yield (%) at 13/02/18 |
|---|---|---|---|
|
3i Infrastructure |
Sector Specialist: Infrastructure |
Jan, Jul |
3.97 |
|
Aberdeen New Dawn |
Asia Pacific - Excluding Japan |
Jan, Sep |
1.72 |
|
Aberdeen Private Equity |
Private Equity |
Jun, Dec |
2.81 |
|
Aberforth Smaller Companies |
UK Smaller Companies |
Mar, Aug |
2.23 |
|
Artemis Alpha Trust |
UK All Companies |
Jan, Aug |
1.44 |
|
BB Healthcare |
Sector Specialist: Biotechnology & Healthcare |
Apr, Aug |
3.69 |
|
BBGI SICAV S.A. |
Sector Specialist: Infrastructure |
Jun, Oct |
4.83 |
|
BlackRock Frontiers |
Global Emerging Markets |
Feb, Jul |
3.15 |
|
BlackRock Greater Europe |
Europe |
May, Dec |
1.69 |
|
BlackRock Income & Growth |
UK Equity Income |
Mar, Sep |
3.38 |
|
BlackRock Latin American |
Latin America |
May, Oct |
2.54 |
|
BlackRock Smaller Companies |
UK Smaller Companies |
Jun, Dec |
1.58 |
|
BlackRock Throgmorton Trust |
UK Smaller Companies |
Apr, Aug |
1.94 |
|
British & American |
UK Equity Income |
Jun, Nov |
14.67 |
|
British Empire |
Global |
Jan, Jun |
1.69 |
|
Caledonia |
Global |
Jan, Aug |
2.01 |
|
CC Japan Income & Growth |
Japan |
Mar, Jul |
2.25 |
|
Dunedin Smaller Companies |
UK Smaller Companies |
Feb, Jul |
2.43 |
|
Establishment Investment Trust |
Flexible Investment |
Aug, Dec |
2.83 |
|
F&C Global Smaller Companies |
Global |
Jan, Aug |
0.96 |
|
Fidelity Special Values |
UK All Companies |
Jun, Dec |
1.85 |
|
Finsbury Growth & Income |
UK Equity Income |
May, Nov |
1.95 |
|
Hansa Trust (A Ord)* |
Global |
Aug, Dec |
1.62 |
|
Hansa Trust (Ord) |
Global |
Aug, Dec |
1.62 |
|
Henderson European Focus |
Europe |
Feb, Jun |
2.26 |
|
Henderson EuroTrust |
Europe |
Apr, Nov |
2.14 |
|
Henderson Opportunities |
UK All Companies |
May, Sep |
1.91 |
|
Henderson Smaller Companies |
UK Smaller Companies |
Mar, Oct |
2.24 |
|
Independent Investment Trust |
Global |
Apr, Aug |
0.90 |
|
International Biotechnology |
Sector Specialist: Biotechnology & Healthcare |
Jan, Aug |
4.70 |
|
International Public Partnerships |
Sector Specialist: Infrastructure |
Jun, Oct |
4.66 |
|
John Laing Infrastructure |
Sector Specialist: Infrastructure |
May, Oct |
5.84 |
|
JPMorgan American |
North America |
May, Oct |
1.29 |
|
JPMorgan Elect Managed Cash |
Sector Specialist: Liquidity Funds |
Mar, Sep |
0.35 |
|
JPMorgan European Growth* |
Europe |
Apr, Oct |
2.20 |
|
JPMorgan European Smaller Companies |
European Smaller Companies |
Jan, Jul |
1.15 |
|
JPMorgan MidCap |
UK All Companies |
Apr, Nov |
2.00 |
|
Jupiter Emerging & Frontier Income |
Global Emerging Markets |
Jan, Jul |
3.76 |
|
Keystone |
UK All Companies |
Jun, Dec |
3.22 |
|
Law Debenture Corporation |
Global |
Apr, Sep |
2.87 |
|
Lazard World Trust Fund |
Global |
Jul, Dec |
3.44 |
|
Majedie |
Global |
Jan, Jun |
3.47 |
|
Martin Currie Asia Unconstrained |
Asia Pacific - Excluding Japan |
Aug, Dec |
4.25 |
|
Mid Wynd International |
Global |
Apr, Oct |
1.04 |
|
Mithras |
Private Equity |
May, Oct |
0.44 |
|
Miton UK Microcap |
UK Smaller Companies |
Apr, Oct |
0.55 |
|
Monks |
Global |
Jan, Aug |
0.16 |
|
Montanaro European Smaller Companies |
European Smaller Companies |
Jan, Jul |
1.02 |
|
NB Distressed Debt |
Sector Specialist: Debt |
Jun, Dec |
1.36 |
|
NB Distressed Debt Extended Life shares* |
Sector Specialist: Debt |
Jun, Dec |
2.69 |
|
NB Distressed Debt New Global shares* |
Sector Specialist: Debt |
Jun, Dec |
1.38 |
|
NextEnergy Solar |
Sector Specialist: Infrastructure - Renewable Energy |
Jun, Dec |
5.89 |
|
Phoenix Spree Deutschland |
Property Direct - Europe |
Jun, Oct |
1.58 |
|
Polar Capital Global Financials |
Sector Specialist: Financials |
Mar, Sep |
2.75 |
|
Princess Private Equity Holding |
Private Equity |
Jun, Dec |
5.83 |
|
Rights & Issues |
UK Smaller Companies |
Mar, Sep |
1.47 |
|
RIT Capital Partners |
Flexible Investment |
Apr, Oct |
1.71 |
|
Ruffer Investment Company |
Flexible Investment |
Mar, Oct |
0.78 |
|
Schroder UK Growth |
UK All Companies |
Jan, Jul |
3.59 |
|
Schroder UK Mid Cap |
UK All Companies |
Feb, Jul |
2.53 |
|
Scottish Mortgage |
Global |
Jul, Dec |
0.68 |
|
Standard Life UK Smaller Companies |
UK Smaller Companies |
Apr, Oct |
1.36 |
|
TR Property |
Property Securities |
Jan, Aug |
2.95 |
|
Tritax Big Box REIT |
Property Specialist |
Aug, Dec |
4.53 |
|
VinaCapital Vietnam Opportunity |
Country Specialists: Asia Pacific |
Mar, Oct |
2.17 |
|
Witan Pacific |
Asia Pacific - Including Japan |
Jun, Oct |
1.53 |
|
Worldwide Healthcare |
Sector Specialist: Biotechnology & Healthcare |
Jan, Jul |
0.94 |
Annual dividends
|
Company |
AIC sector |
Dividend dates |
Dividend yield (%) at 13/02/18 |
|---|---|---|---|
|
Aberdeen Asian Smaller Companies |
Asia Pacific - Excluding Japan |
Dec |
1.17 |
|
Aberdeen Frontier Markets |
Global Emerging Markets |
Dec |
2.57 |
|
Aberdeen Japan |
Japan |
Jul |
0.97 |
|
Aberdeen New Thai |
Country Specialists: Asia Pacific |
Jun |
1.78 |
|
Apax Global Alpha |
Private Equity |
Mar |
6.08 |
|
Athelney |
UK Smaller Companies |
Apr |
3.31 |
|
Aurora |
UK All Companies |
Jul |
1.01 |
|
Baring Emerging Europe |
European Emerging Markets |
Feb |
3.94 |
|
Better Capital 2009 |
Private Equity |
Jul |
4.00 |
|
BlackRock Emerging Europe |
European Emerging Markets |
Jul |
1.58 |
|
Blue Planet Investment Trust |
Global Equity Income |
Aug |
10.11 |
|
Capital Gearing |
Flexible Investment |
Jul |
0.52 |
|
CATCo Reinsurance Opportunities |
Sector Specialist: Insurance & Reinsurance Strategies |
Feb |
7.45 |
|
Crystal Amber |
UK All Companies |
Aug |
2.54 |
|
Dunedin Enterprise |
Private Equity |
May |
3.63 |
|
Edinburgh Dragon |
Asia Pacific - Excluding Japan |
Dec |
0.91 |
|
EP Global Opportunities |
Global |
May |
1.40 |
|
European Investment Trust |
Europe |
Jan |
2.33 |
|
Fidelity Asian Values |
Asia Pacific - Excluding Japan |
Dec |
1.23 |
|
Fidelity China Special Situations |
Country Specialists: Asia Pacific |
Jul |
1.08 |
|
Fidelity European Values |
Europe |
May |
1.88 |
|
Gabelli Value Plus+ |
North America |
Jun |
0.96 |
|
Genesis Emerging Markets |
Global Emerging Markets |
Sep |
1.51 |
|
Gresham House Strategic |
UK Smaller Companies |
Jul |
1.82 |
|
Gulf Investment |
Country Specialists: Other |
Jan |
3.28 |
|
Henderson Alternative Strategies |
Flexible Investment |
Feb |
1.73 |
|
HgCapital |
Private Equity |
May |
2.68 |
|
Impax Environmental Markets |
Sector Specialist: Environmental |
May |
0.77 |
|
Invesco Asia |
Asia Pacific - Excluding Japan |
Aug |
1.51 |
|
JPMorgan Brazil |
Country Specialists: Latin America |
Sep |
1.14 |
|
JPMorgan Chinese |
Country Specialists: Asia Pacific |
Feb |
0.52 |
|
JPMorgan Emerging Markets |
Global Emerging Markets |
Nov |
1.28 |
|
JPMorgan Japanese |
Japan |
Dec |
1.17 |
|
JPMorgan Russian Securities |
Country Specialists: Europe |
Mar |
4.07 |
|
JPMorgan Smaller Companies |
UK Smaller Companies |
Dec |
2.06 |
|
Jupiter European Opportunities |
Europe |
Oct |
0.90 |
|
Jupiter Green |
Sector Specialist: Environmental |
Jul |
0.66 |
|
Lindsell Train |
Global |
Sep |
1.83 |
|
Montanaro UK Smaller Companies |
UK Smaller Companies |
Aug |
1.88 |
|
Northern Investors Company |
Private Equity |
Jul |
13.45 |
|
Pacific Assets |
Asia Pacific - Excluding Japan |
Jun |
1.03 |
|
Sanditon Investment |
UK All Companies |
Dec |
1.10 |
|
Schroder Asian Total Return |
Asia Pacific - Excluding Japan |
Apr |
1.28 |
|
Schroder AsiaPacific |
Asia Pacific - Excluding Japan |
Feb |
1.27 |
|
Schroder Japan Growth |
Japan |
Nov |
1.58 |
|
Scottish Oriental Smaller Companies |
Asia Pacific - Excluding Japan |
Feb |
1.15 |
|
Strategic Equity Capital |
UK Smaller Companies |
Nov |
0.34 |
|
Templeton Emerging Markets |
Global Emerging Markets |
Dec |
1.09 |
|
Third Point Offshore Investors |
Hedge Funds |
Jan |
0.05 |
|
Third Point Offshore Investors USD* |
Hedge Funds |
Jan |
0.05 |
|
TR European Growth |
European Smaller Companies |
Nov |
0.97 |
Data source: Morningstar
*indicates additional share class
-Ends-
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Notes
- Data consists of AIC conventional member companies with a positive dividend yield. Total percentage figures do not include additional share classes.
- The Association of Investment Companies (AIC) was founded in 1932 to represent the interests of the investment trust industry – the oldest form of collective investment. Today, the AIC represents a broad range of closed-ended investment companies, incorporating investment trusts and other closed-ended investment companies and VCTs. The AIC’s members believe that the industry is best served if it is united and speaks with one voice. The AIC’s mission statement is to help members add value for shareholders over the longer term. The AIC has 347 members and the industry has total assets of approximately £174 billion.
- Disclaimer: The information contained in this press release does not constitute investment advice or personal recommendation and it is not an invitation or inducement to engage in investment activity. You should seek independent financial and, if appropriate, legal advice as to the suitability of any investment decision. Past performance is not a guide to future performance. The value of investment company shares, and the income from them, can fall as well as rise. You may not get back the full amount invested and, in some cases, nothing at all.
