Ten of the best investment trusts for income seekers

Oriel Securities has named the top ten highest yielding equity-focused investment trusts for investors hunting for income.

The top ten contains a host of familiar names, including Neil Woodford's popular Edinburgh Investment trust, and the City of London trust, managed by Henderson's Job Curtis.

Both are both delivering yields of 4.5%, and are among a group of 20 trusts available to UK investors which pay more than 4% a year.

Top of the pile is the Henderson High Income trust, managed by Alex Crooke, which has a dividend yield of 6.5%.

Crooke has big positions in a number of the UK's income stalwarts, including a 6.5% stake in Vodafone, 4.7% in British American Tobacco and 4.7% also in GlaxoSmithKline.

In second place is Sam Cosh's European Assets Trust, which yields 6.3%.

The full list of the top ten yielding equity income trusts is below:

Trust                                       Yield

Henderson High Income:       6.5%

European Assets:                    6.3%

Merchants Trust:                     6%

Henderson Far East Income:  5%

Schroder Income Growth:      4.9%

JPM Global Emerging:             4.9%

British Assets:                         4.9%

Dunedin Income Growth:       4.7%

City of London:                        4.5%

Edinburgh Investment Trust: 4.5%

Source: Oriel Securities