AIC reveals Specialist sectors offering highest yield levels

Leasing trusts come up top

Investment trusts investing in illiquid assets such as those in the Sector Specialist: Leasing and Sector Specialist: Debt categories are the highest yielding at over 6%, while global and UK equity income vehicles are lagging peers, according to research by the Association of Investment Companies (AIC).

Of those sectors yielding more than 3% as at 30 September, most invest in alternatives such as property and infrastructure, although those specifically focused on income generation also featured.  The average Leasing trust was trading at a 21% premium and yielding the highest amount at 6.9% . This was closely followed by the Sector Specialist: Debt sector, which had a dividend yield of 6.5% and traded on a 0.3% discount.  Numis Securities: Jury still out on success of trusts paying enhanced yields Meanwhile, the UK Equity & Bond Income sector came in fourth place, trading on an ave...