Report

Review: Multi-cap income with small-cap growth prospects

The Diverse Income Trust (DIVI) differs from other UK Equity Income Trusts though its policy of investing in a wider universe of UK quoted stocks. Managers Gervais Williams and Martin Turner focus on those companies with the greatest potential dividend growth, since they believe that this will ultimately lead to the best returns. Currently this policy has led to only 35% or so of the portfolio being invested in the conventional large/mid-cap universe. In contrast many smaller stocks are growing their dividends rapidly, and the managers believe markets are now entering another period of smaller company outperformance. The DIVI strategy has delivered strong performance since launch in 2011.
Underlying
Diverse Income Trust

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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