The top 20 most viewed investment trusts

City of London was the most viewed trust on theaic.co.uk in 2025.

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The Association of Investment Companies (AIC) has published a list of the 20 most viewed investment trusts on its website theaic.co.uk during 2025.

Income is the dominant theme. Half (ten) of the 20 most viewed investment trusts are AIC dividend heroes, having increased their dividends for at least 20 years in a row. Four more trusts belong to the next generation of dividend heroes that have increased dividends for at least ten years but less than 20.

The AIC’s website provides lots of helpful information on investment trusts, from performance and portfolio holdings to discount data, making it easy for investors to do their research on trusts they own or might like to buy.

Annabel Brodie-Smith, Communications Director of the Association of Investment Companies (AIC)

Annabel

Ten of the 20 most viewed trusts are from the equity income sectors. Five of these are focused on UK equity income, including the most viewed trust City of London Investment Trust, four on global equity income and one on Asia Pacific equity income. There are also two high yielding trusts from the infrastructure sectors and one debt trust. The average yield of the 20 most viewed trusts is 4.2%, compared to 3.2% for the average investment trust.

The Global sector accounts for five trusts on the list, there is one Europe trust, and one from the Commodities & Natural Resources sector.

Top 20 most viewed investment trusts on theaic.co.uk in 2025

2025 rank

2024 rank

Trust nameAIC sector

1 ↑

2

City of London Investment TrustUK Equity Income

2 ↓

1

JPMorgan Global Growth & IncomeGlobal Equity Income

3 ↑

6

F&C Investment TrustGlobal

4 =

4

Scottish Mortgage Investment TrustGlobal

5 =

5

Murray International TrustGlobal Equity Income

6 ↑

8

Merchants TrustUK Equity Income

7 ↓

3

Alliance WitanGlobal

8 ↑

11

Law Debenture CorporationUK Equity Income

9 ↑

-

Invesco Global Equity Income TrustGlobal Equity Income

10 ↑

13

Henderson Far East IncomeAsia Pacific Equity Income

11 ↓

7

Scottish AmericanGlobal Equity Income

12 ↓

10

Bankers Investment TrustGlobal

13 ↑

17

Murray Income TrustUK Equity Income

14 ↓

12

Greencoat UK WindRenewable Energy Infrastructure

15 ↑

-

Temple Bar Investment TrustUK Equity Income

16 ↓

9

Brunner Investment TrustGlobal

17 ↑

-

JPMorgan European Growth & IncomeEurope

18 ↑

-

TwentyFour Income FundDebt – Structured Finance

19 ↑

-

International Public PartnershipsInfrastructure

20 ↓

15

BlackRock World Mining TrustCommodities & Natural Resources

Source: theaic.co.uk / Morningstar (share price total return to 31/12/25, yields as at 23/01/26). Performance data in base currency. In the 2024 column a hyphen (-) denotes a new entrant to the top 20 most viewed trusts in 2025. Companies are ranked by number of visits in the calendar year 2025. 

Top five investment trusts

City of London Investment Trust from the UK Equity Income sector was the most viewed investment trust. With more than £2.8 billion of total assets, it delivered a share price total return of 28.1% in 2025 and yields 3.9%. Managed by Job Curtis, the trust invests in UK equities and is an AIC dividend hero. It has increased its dividend every year for the last 59 years – the longest track record of any investment trust.

JPMorgan Global Growth & Income from the Global Equity Income sectorwas the second most viewed investment trust in 2025. It has total assets of £3.5 billion, delivered a share price total return of 2.9% in 2025 and yields 4.0%. The trust is managed by Helge Skibeli, James Cook and Sam Witherow.

F&C Investment Trust was the third most viewed trust. It is the oldest investment trust, having been launched nearly 158 years ago, in 1868. The trust is an AIC dividend hero and has consistently increased its dividend for the last 54 years. It has total assets of £6.8 billion and is a FTSE 100 company. It delivered a return of 14.6% in 2025 and yields 1.2%.

Scottish Mortgage Investment Trust and Murray International Trust complete the top five, returning 24.7% and 36.0% respectively over the last 12 months and yielding 0.4% and 3.6%.

New entrants

There are five new entrants to the top 20 list. Invesco Global Equity Income Trust is the highest-ranked new entrant in 9th place. The other new entrants are Temple Bar Investment Trust (15th), JPMorgan European Growth & Income (17th), TwentyFour Income Fund (18th) and International Public Partnerships (19th).

Annabel Brodie-Smith, Communications Director of the Association of Investment Companies (AIC), said: “As interest rates come down it’s no surprise that investors are seeking investment trusts with long track records of dividend growth to meet their income needs. Although dividends are never guaranteed, one of the many benefits of investment trusts is their ability to pay dividend income to investors even during tough times.

“The AIC’s website provides lots of helpful information on investment trusts, from performance and portfolio holdings to discount data, making it easy for investors to do their research on trusts they own or might like to buy. Investors can also grab the latest factsheet or annual report from our website, rather than sifting through multiple web pages to find it.”

For more information on how the AIC’s website can help investors research and monitor investment trusts, visit the Research tools page on theaic.co.uk.

- ENDS -

 

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Notes to editors

  1. The Association of Investment Companies (AIC) represents a broad range of investment trusts and VCTs, collectively known as investment companies. The AIC’s vision is for closed-ended investment companies to be understood and considered by every investor. The AIC has 278 members and the industry has total assets of approximately £266 billion.
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