Overview
CT UK High Income Trust has two classes of share – ordinary shares (formerly BHI / FHI / ICTA) and B shares (formerly BHIB / FHIB / ICTB) – which pay the same level of quarterly cash distributions. The cash distributions on the ordinary shares are paid as dividends while those on the B shares are paid by way of capital distributions and therefore taxed under capital gains tax (CGT) rules which can provide tax benefits to certain types of investors.
The shares are also traded as units (formerly BHIU / FHIU / ICTU) – each unit consists of three ordinary shares and one B share.
The fund’s website
Fundamentals
Price
Research History
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11 Jun 2018 1 min read
QuotedData’s investment companies roundup – June 2018
QuotedData’s investment companies roundup – June 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of May 2018. Kindly sponsored by Baillie Gifford. The premium of biotech company, Syncona, rose on positive news on two of its […]
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25 Apr 2018 1 min read
Quarterly investment companies roundup – First quarter 2018
Quarterly investment companies roundup – First quarter 2018 Quarterly investment companies roundup – First quarter 2018 – Global equity markets declined in the first quarter of 2018. Concerns about US interest rate rises were the feature of the first half of the quarter. However, worries about global trade took over in the second part, particularly […]
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18 Jan 2018 1 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
News
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09 Sep 2025 2 min read
Big uplift in dividends from Dunedin Income Growth
Dunedin Income Growth (DIG) has plans to rocket up the dividend yield league table by introducing an enhanced dividend policy, using reserves to boost its distributions (the trust has distributable reserves totalling £298m). The total dividend for the financial year ended 31 January 2026 will be at least 19.1p per share, 34.5% up on the […]
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30 May 2025 2 min read
CT UK High Income Trust outperforms and hikes dividends again
CT UK High Income Trust (CHI) has published its audited results for the year ended 31 March 2025, delivering another year of outperformance and a twelfth consecutive annual increase in distributions to shareholders. Over the financial year, the trust’s NAV total return was +13.5%, comfortably ahead of the FTSE All-Share Index’s +10.5% return. Share price […]
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31 May 2024 7 min read
CT UK High Income now a next generation dividend hero
CT UK High Income (CHI) has announced its annual results for the year ended 31 March 2024, during which it provided NAV and share price total returns of 11.8% and 10.2% for its ordinary shares respectively, which are both ahead of the return of its All-Share Index benchmark, which it says returned 8.4%. Its chairman, […]
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16 Feb 2024 1 min read
QuotedData’s morning briefing 16 February 2024 – CHIU, INPP
In QuotedData’s morning briefing 16 February 2024: CT UK High Income Trust has decided to cancel the listing of its units (CHIU). Until now, investors had been able to hold and trade in units in the fund that were comprised of three ordinary shares and 1 B share. Now, the units are being discontinued and […]
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13 Jul 2023 1 min read
New manager for CT UK High Income
CT UK High Income has announced that David Moss will succeed Philip Webster as its portfolio manager with immediate effect. The investment policy and objective will remain unchanged. David has worked at the investment manager (which became part of Columbia Threadneedle Investments in 2021) for 25 years, and is currently the head of European equities […]
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01 Jun 2023 2 min read
Lack of energy exposure holds back CT UK High Income
CT UK High Income Trust says that for the year ended 31 March 2023 it generated an NAV return of -0.4%, underperforming its All-Share benchmark which returned +2.9%. The return to ordinary shareholders was +0.6% and to B shareholders +2.3%. Total dividends increased by 1.1% to 5.51p, representing the tenth consecutive year of dividend/capital repayment […]
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05 Dec 2022 2 min read
CT UK High Income half year report
CT UK High Income Trust (CHI) has recently released its half year report, for the six-month period ending 30 September 2022. We remind readers that CHI operates with two share classes, ordinary and B. Over the period CHI generated a NAV total return of -11.8%, compared to the -8.3% return of its benchmark, the FTSE […]
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31 May 2022 3 min read
BMO UK High Income pleads case for continuation
BMO UK High Income Trust says that over the year ended 31 March 2022, it generated a return on NAV of 1.9%, an ordinary share price return of 0.6%, and a B share return of 1.6%, all well-behind the 13.0% return on the All-Share index. Total distributions on the ordinary shares increased by 2.8% to […]
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29 May 2020 4 min read
BMO UK High Income reflects on the challenges facing the UK equity income sector
BMO UK High Income (BHI) reported annual results to 31 March 2020, this morning. Performance highlights include: Total distributions increased by 3.4% to 5.21p per share compared to the prior year. Distribution yield of 7.5% on ordinary shares and 7.7% on B shares at 31 March 2020, compared to the yield on the FTSE all-share index […]
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23 May 2019 1 min read
BMO UK High Income revamp yet to pay dividends
BMO UK High Income revamp yet to pay dividends – BMO UK High Income has released results covering the year to the end of March 2019. The NAV total return for the ordinary shares and the B shares was 3.5% compared to the total return of the benchmark of 6.0%. The share price total return for […]
