Shires Income Trust - November 2023 update
Shires Income Trust remains differentiated from other UK equity income products through a c.25% allocation to preference shares currently yielding over 8%. The portfolio positioning leans towards defensive and resilient income as the management team remain cautious over the state of the economy. Fund manager, Iain Pyle, highlights Assura and Lloyds Banking Group as key equity holdings with these characteristics.
Recorded - November 2023.
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