Neptune US Income fund manager targets yield of 3.5%-4% per annum.
Investors often dismiss the US equity market when searching for income-generating names to add to their portfolios. When you consider the S&P 500 only yields around 2.1% compared to 2.5% on 10-year gilt yields and the 3.5% yield available from the FTSE All Share, it is easy to see why. Rebecca Young, manager of the Neptune US Income fund, said at first glance the American market may not seem as favourable because quite a few large caps do not pay a dividend. However, she said there is a large universe of dividend-producing stocks to choose from and she has no problem finding compan...
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