A share in an investment trust for investors who want to earn an income.
Investors holding Income shares are entitled to receive regular income payments. The payments are usually made twice a year, but can be quarterly or monthly. In the case of funds or share classes where only Income shares are available, you can choose to reinvest this income to buy further shares free from theÂ initial charge where applicable. An Income share in anÂ investment trust/investment company is entitled to all the income during the lifetime of the trust and receives a set amount at redemption, although this is sometimes only a nominal amount.
Class of share within a split capital investment trust that receives a high dividend yield.
Class of share within a split capital investment trust that receives all or most of the trust's income.
A class of shares offered by a dual purpose fund that has little room for capital appreciation but gives the holder a portion of all income earned in the portfolio.