Purposeful portfolios: Regular Income

Money Observer’s new series of four ‘purposeful portfolios’ are designed to address readers’ specific financial needs, with two growth-oriented portfolios and two 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.

Name Sector Cost price (£) Quantity Value at inception (£) Current value (£) Change since last update (%) Change since inception (%) Current yield (%) Income received since inception(£) Total return since inception (%) Total return since inception (£)
Invesco Perpetual Enhanced Income Equity & bond inc 79 9,000 7,110 6,548 1.0 -8.0 6.3 675 6.2 440
CQS New City High Yield Fund Equity & bond inc 62 11,500 7,159 6,756 3.6 -5.8 7.1 739 8.4 605
TwentyFour Income Fund IT debt 12 5,500 6,610 6,243 0.4 -5.6 5.4 587 2.1 137
HICL Infrastructure Infrastructure 155 4,000 6,218 6,650 5.4 7.0 5.2 478 9.5 592
Balfour Beatty 10.75% Conv Pref 1/07/2020 Pref (construction) 111 6,500 7,269 7,053 0.9 -3.0 4.6 723 1.8 132
National Westminster 9% Series A Non Cum Pref (bank) 140 5,150 7,210 7,712 8.1 6.3 6.4 695 19.1 1,383
JPMorgan Global Growth & Inc Inter'l equity inc 292 2,400 7,008 7,848 14.3 11.3 4.2 446 19.4 1,364
Murray International Inter'l equity inc 1,215 575 6,986 6,716 3.2 -4.5 4.3 428 3.6 254
Scottish American Inter'l equity inc 334 2,100 7,014 8,274 12.3 17.2 3.4 361 23.9 1,689
City of London UK equity inc 416 1,700 7,081 7,166 9.5 0.6 4.4 464 9.0 641
Merchants UK equity inc 471 1,500 7,073 7,380 7.2 3.7 5.5 576 14.3 1,016
Aberdeen Standard Equity Income* UK equity inc 411 1,200 4,932 5,136 7.8 3.5 4.9 355 13.9 687
Finsbury Growth & Income UK equity inc 694 850 5,899 7,463 16.6 23.5 2.3 198 27.3 1,648
RIT Capital Partners Flexible strategy 1,875 310 5,813 6,479 9.4 9.8 1.8 148 13.8 813
Scottish Mortgage Global cap growth 366 1,280 4,685 6,720 12.4 31.8 0.8 57 33.3 1,699
Total         104,142 7.5   4.3 9,331* 13.2  

Notes: Portfolio inception 1 April 2017. Data to 29 April 2019. *Includes income from previous holdings.