by Kyle Caldwell from interactive investor, 8 June 2023:
For investment trust fans now is one of the best opportunities over the past decade to try and pick up a bargain, as the chart below from stockbroker Numis shows.
The average equity investment trust is trading on a discount a smidge over 10%, while those that focus on alternative assets are trading on discounts around the 25% mark.
Investment trust discounts have been widening in response to interest rate rises…
In this article we pick out a selection of investment trusts that are potential discount opportunities and trading on yields of around 5% or higher, so are therefore ahead of most cash rates and low-risk bond yields. In all cases, the investment trusts highlighted are trading on wider discounts than their 12-month averages…
UK equity funds offering high yields on the cheap
For investors on the lookout for a high-yielding trust for the ‘unloved’ UK equity market Lowland stands out..
Looking further afield
When looking beyond the UK equity market, there’s plenty of opportunity to find high yields overseas, with European Assets trust standing out on discount grounds…
As Matthew Read, a senior analyst at QuotedData, points out “its yield is well ahead of peers”, however its overall total returns have lagged peers, including Montanaro European Smaller…
Read more here