Purposeful portfolios: Regular Income

Money Observer’s ‘purposeful portfolios’ are designed to address readers’ specific financial needs, with growth-oriented portfolios and others targeting income requirements. These notional £100,000 portfolios are run by financial experts and were launched on 1 April 2017; we run updates from the manager in the magazine every four months.

The Regular Income portfolio, run by James Brumwell, an investment trust specialist, is designed for retirees looking to produce a steady, regular income flow through the year, with an element of capital growth to keep ahead of inflation. It is updated in Money Observer each June, October and February.

You can read the latest Regular Income update here.

  Quantity Cost price (p) Value at inception (£) Current value (£) Gain/loss (£) Change (%) Income (£) Yield (%) Total return since inception (£) Total return (%)
Invesco Enhanced Income 9,000 79.0 7,120 6,863 -257.5 -3.6 450 6.3 980 13.76
CQS New City High Yield Fund 11,500 62.3 7,169 6,670 -498.75 -7.0 511.75 7.1 916 12.77
Twenty Four Select Monthly Income Fund 6,500 93.6 6,094 6,045 -49 -0.8 425.75 7.0 103 2
iShares Global High Yield Bond 47 9855.0 4,642 4,581 -61.23 -1.3 233.41 5.0 62 1
HiCL Infrastructure 4,000 155.2 6,218 6,440 222 -3.6 326 5.2 546 9
Balfour Beatty 10.75% Conv 6,500 111.1 7,269 6,695 -573.91 -7.9 154.38 3.6 125 2
National Westminster 9% Series A Non Cum 5,150 140.0 7,256 8,189 932.45 12.9 463.5 6.4 2,091 29
JPMorgan Global Growth & Income 2,400 292.0 7,053 8,136 1082.96 15.4 306.72 4.4 1,806 26
Murray International 575 1215.0 7,031 6,912 -119.68125 -1.7 304.75 4.3 686 10
Scottish American 2,100 334.0 7,059 8,736 1676.93 23.8 247.8 3.5 2,275 32
City of London 1,700 416.5 7,126 7,242 116.1 1.6 319.6 4.5 960 13
Merchants 1,500 471.5 7,118 7,710 592.14 8.3 399 5.6 1,648 23
Finsbury Growth & Income 850 705.2 6,044 7,599 1554.78 25.7 141.1 2.3 1,925 32
RIT Capital 310 1887.6 5,901 6,727 826.24 14.0 105.4 1.8 1,114 19
Scottish Mortgage 1,280 395.8 5,099 6,771 1672.25 32.8 40.06 0.8 1,773 35
Total     98,199 105,314 7115.77 7.3 4,429.22 4.2 17,011 17.3

Notes: Includes income from previous holdings. Portfolio inception was 1 April 2017. Source: FE Analytics, as at 30 November 2019.