Overview
BlackRock Income & Growth aims to provide growth in capital and income over the long term through investment in a diversified portfolio of, principally, UK listed equities. The manager says they adopt a relatively concentrated approach to ensure that its best ideas contribute significantly to returns. They also believe it is the role of the portfolio overall to achieve a premium level of yield rather than every individual company within it, giving the Company increased flexibility to invest where returns are most attractive. A relatively concentrated approach results in a portfolio which differs substantially from the Index and in any individual year the returns will vary sometimes significantly from those of the Index. Over longer periods the manager’s objective is to achieve returns greater than the Index, but with lower volatility.
The fund manager’s website can be accessed here.
Fundamentals
Price
Research History
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09 Mar 2023 64 min read
QuotedData’s Economic and Political Monthly Roundup March 2023
Economic and Political Monthly Roundup Investment companies | Monthly | March 2023 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]
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09 Feb 2023 40 min read
QuotedData’s Economic and Political Monthly Roundup February 2023
Economic and Political Monthly Roundup Investment companies | Monthly | February 2023 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]
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07 Jul 2020 8 min read
QuotedData’s Economic Roundup – July 2020
Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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10 Jan 2020 8 min read
QuotedData’s economic roundup – January 2020
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
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05 Jul 2019 6 min read
QuotedData’s economic roundup – July 2019
Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]
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18 Jan 2019 1 min read
QuotedData’s economic roundup – January 2019
QuotedData’s economic roundup – January 2019 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of […]
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11 Jul 2018 1 min read
QuotedData’s Economic round up – July 2018
QuotedData’s Economic round up – July 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
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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 […]
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19 Oct 2017 1 min read
Quarterly investment companies roundup – Third quarter 2017
Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]
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03 Aug 2017 1 min read
QuotedData investment companies roundup – August 2017
QuotedData investment companies roundup – August 2017 – 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 July 2017. Kindly sponsored by Baillie Gifford. August Investment Companies Roundup Monthly NAV/Price moves: A couple of themes stand out […]
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12 Jul 2017 2 min read
QuotedData’s economic round up – July 2017
QuotedData’s economic round up – July 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
News
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20 Jun 2025 2 min read
QuotedData’s morning briefing 20 June 2025 – PCFT, BRIG, RMII
In QuotedData’s morning briefing 20 June 2025 We also have: Stories you may have missed from yesterday:
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22 Jan 2025 3 min read
BlackRock Trusts off limits for Saba until at least 2027
Separately, the boards of BlackRock World Mining (BRWM), BlackRock Energy and Resources Income (BERI), BlackRock American Income (BRAI) and BlackRock Smaller Companies (BRSC) have all issued statements this morning that say they have entered into agreements with Saba Capital Management LP, under which Saba has given a number of undertakings to each trust as follows: […]
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07 Jan 2025 3 min read
Stock selection drives impressive gains for BlackRock Income and Growth
BlackRock Income and Growth Investment Trust (BRIG) announced its annual results for the year ended 31 October 2024. The company delivered an NAV total return of 18.1%. benchmark index which returned 16.3%. The share price total return was 13.2% leading the discount to widen from 8.7% at the start of the year to 12.9%. Commenting […]
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21 Dec 2023 2 min read
BlackRock Income & Growth dips into reserves to hike dividend
Over the year ended 31 October 2023, BlackRock Income & Growth marginally lagged its benchmark, returning 5.2% to the All-Share’s 5.9%. A narrowing discount helped shareholders to a total return of 8.1%. To help achieve that, 568,428 shares were repurchased at an average price of 182.26p, for a total consideration (including costs) of £1,036,000. The […]
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02 Feb 2023 2 min read
Revenue fall eats into BlackRock Income and Growth revenue reserves
BlackRock Income and Growth has published results for the year ended 31 October 2022. The trust managed to just beat its benchmark over the period, returning -2.3% to the All-Share’s -2.8%. However, its discount widened from 6.0% at the start of the financial year to 10.8%, leaving shareholders with a return of -7.0%. The dividend […]
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13 Jan 2022 3 min read
Quality focus unhelpful for BlackRock Income and Growth
Quality focus unhelpful for BlackRock Income and Growth – Over the year to 31 October 2021, BlackRock Income & Growth achieved an NAV return of 30.4% and a return to shareholders of 22%, both behind the 35.4% return generated by the All-Share index. The dividend was mainatained at 7.2p and once again this was not covered […]
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24 Jun 2021 4 min read
BlackRock Income and Growth buys back shares to manage discount
BlackRock Income and Growth buys back shares to manage discount – BlackRock Income and Growth (BRIG) has published its half-year report for the six months to 30 April 2021. During the period, the trust’s net asset value per share returned 27.1%, compared with its benchmark, the FTSE All-Share Index, which returned 28.5%. BRIG’s share price however […]
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01 Feb 2021 1 min read
QuotedData’s morning briefing 1 February 2021
In QuotedData’s morning briefing 1 February 2021 – BlackRock Income and Growth (BRIG) reported annual results to 31 October 2020. During the year the company’s NAV per share returned -16.7%. At the share price level, the company returned -14.8% over the period. As at 28 January 2021, since the year-end BRIG’s NAV and share price have […]
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26 Jun 2019 2 min read
BlackRock Income and Growth reports H1 results with shares up 10.5%
BlackRock Income and Growth reports H1 results with shares up 10.5% – BlackRock Income and Growth (BRIG) reported half-year results covering the period to 30 April 2019 with NAV total returns up 7.3% and the shares up 10.5% over the period. BRIG’s position in John Laing Group, the global infrastructure investor, performed particularly well, re-iterating […]
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20 Dec 2018 2 min read
BlackRock Income and Growth caught by Patisserie Valerie potential fraud
BlackRock Income and Growth caught by Patisserie Valerie potential fraud – BlackRock Income and Growth lagged its benchmark by 3%, returning -4.5% against -1.5% over the year ended 31 October 2018. Its discount also widened, leaving shareholders nursing an 8% loss. The chairman says that holdings in Patisserie Holdings and TP ICAP held back performance. […]
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21 Dec 2017 1 min read
BlackRock Income and Growth says stock selection aided performance
BlackRock Income and Growth says stock selection aided performance – BlackRock Income and Growth Investment Trust has published its annual report for the year ended 31 October 2017. During the year the NAV returned 13.8% and the share price returned 14.8%. By comparison, the benchmark, the All-Share Index, returned 13.4%. The board has declared total dividends for the year of […]
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05 Jul 2017 1 min read
David Goldman replaces Mark Wharrier as co-manager of BlackRock Income and Growth
BlackRock Income and Growth Investment Trust (BRIG) has announced that Mark Wharrier, co-portfolio manager of the Company, has resigned to pursue another role. It says that Adam Avigdori, who has been co-portfolio manager of the Company since November 2011, continues as co- portfolio manager, while David Goldman, a senior director within the BlackRock UK Equity […]
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29 Jun 2016 1 min read
BlackRock Income & Growth misses bounce in mining sector
For the six month period ended 30 April 2016, BlackRock Income & Growth’s net asset value per share returned -2.8% and the share price returned -2.3%. By comparison, the FTSE All-Share Index was unchanged over the period. Since the period end and up to 27 June 2016, the Company’s NAV per share has fallen by […]
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15 Jan 2016 1 min read
BlackRock Income & Growth beats benchmark by 10%
BlackRock Income & Growth has published its results for the year ended 31 October 2015. Over the year the fund beat its benchmark by more than 10%. The NAV total return was 13.5% and the share price total return 13.5% but the total return on the FTSE All-Share was 3.0%. The dividend for the year […]
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24 Jun 2015 1 min read
BlackRock Income reports long list of outperforming investments
Over the six months to the end of April 2015, BlackRock Income & Growth delivered a total return on net assets of 13.1% and a return to shareholders of 14.6%, both well ahead of the 9.2% return posted by the FTSE All-Share Index for the period. The shares moved to trade at a discount of […]
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09 Jan 2015 1 min read
Good year for BlackRock Income & Growth
BlackRock Income & Growth has published its results for the year that ended on 31 October 2014 and over that period the fund outperformed the FTSE All-Share Index, generating a return on net assets of 6.3% against a 1% return for the FTSE All-Share Index. the discount widened slightly and so the return to shareholders […]
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25 Jun 2014 1 min read
BlackRock Income & Growth : BRIG – interim results
BlackRock Income & Growth has published figures for the six months to the end of April 2014. The net asset value total return for the period was 4.1% vs. 2.6% for the FTSE All-Share Index. The return to shareholders was 2.6% (the discount widened from 0.9% to 2.4%). The dividend was increased by 10% to 2.2p. […]
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20 Dec 2013 1 min read
BlackRock Income : BRIG – annual results
BRIG’s results for the year ended 31 October 2013 show an NAV return of 16.2% and a share price return of 24.3% as compared to a return from the FTSE All-Share Index of 22.8%. BRIG’s total dividend for the year has been increased to 5.5p (from 5.25p) and is now fully covered by revenue. It […]
Upcoming Events
Videos
In The Press
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04 Jan 2024 1 min read
How do last year’s investment trust mergers stack up?
by Dave Baxter, Investors’ Chronicle, January 3, 2024: Even the last working day before Christmas was far from short of investment trust news. The board of Octopus Renewables Infrastructure (ORIT) announced an intention to merge with its peer Aquila European Renewables (AERI) on the morning of 22 December… The plan has received a lukewarm response […]
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09 May 2023 1 min read
Investment trust boards: what do they do, and do they add value?
by Faith Glasgow from interactive investor, 9 May 2023: The recent widely publicised spat between members of Scottish Mortgage’s board of directors has once again focused attention on investment trust boards as a unique aspect of the closed-ended fund structure… Investment trusts are required to have independently elected boards of directors because they are structured […]
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22 Aug 2022 1 min read
How to find the right fund for you: follow these simple steps to save time and money
James Crux, Shares Magazine, Thursday 18 August 2022: If you want to build up a pot of money for the future, be it retirement or paying for some of life’s expenses including children’s university fees or a loft conversion, investment funds can be a great way to grow your savings. They enable you to quickly […]
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25 Aug 2020 1 min read
Surviving the investment trust shake-up
Surviving the investment trust shake-up By Dave Baxter Investors Chronicle, 7 Aug 2020 A ‘Darwinian’ process of corporate action and shareholder scrutiny has long prevented the UK’s investment trust universe from getting bloated. The sector consisted of just 395 closed-ended funds at the end of June, according to Association of Investment Companies (AIC) data. By contrast, UK […]
