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 7,120 6,660 -460 -6.5 450 6.3 665 9.3
CQS New City High Yield Fund 11,500 62.2 7,169 6,871 -297.5 -4.2 512 7.1 1,002 14
Twenty Four Select Monthly Income Fund 6,500 93.6 6,094 6,071 -23 -0.4 426 7.0 10 0.2
iShares Global High Yield Bond (£ Hedged) 47 9855 4,642 4,671 29.01 0.6 227 4.9 29 0.6
HiCL Infrastructure 4,000 155.2 6,218 6,768 550 8.9 324 5.2 792 12.7
Balfour Beatty 10.75% Conv 01/07/20 6,500 111.1 7,269 6,858 -411.41 -5.7 341 4.7 287 3.9
National Westminster 9% Series A Non Cum 5,150 140 7,256 8,008 752.2 10.4 464 6.4 1,679 23.1
JPMorgan Global Growth & Income 2,400 292 7,053 8,208 1154.96 16.4 304 4.3 1,800 25.5
Murray International 575 1,215 7,031 6,670 -361.18 -5.1 302 4.3 375 5.3
Scottish American 2,100 334 7,059 8,652 1592.93 22.6 246 3.5 2,129 30.2
City of London 1,700 416.5 7,126 6,953 -172.9 -2.4 316 4.4 590 8.3
Merchants 1,500 471.5 7,118 6,953 -165.36 -2.3 393 5.5 789 11.1
Finsbury Growth & Income 850 705.2 6,044 7,939 1894.78 31.4 137 2.3 2,192 36.3
RIT Capital 310 1,887.6 5,901 6,572 671.24 11.4 105 1.8 906 15.4
Scottish Mortgage 1,280 395.8 5,099 6,656 1557.05 30.5 40 7.9 1,658 32.5
Total     98,199 104,509 6,310.81 6.4 4,586 4.4 14,903 15.2

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