'Plenty of opportunities': Who is Peel Hunt's top trust pick for income investors?

Best performer revealed after rocky 2020

Law Debenture's consistent performance and strong yield has seen it tipped as a top trust as Peel Hunt has uncovered opportunities for income-hungry investors.

For income hunters, 2020 fell short. Bond yields declined, the Bank of England's base rate was cut from 0.75% to 0.1%, while the yield to maturity on 10-year gilts fared only slightly better at around 0.3%. However, Peel Hunt has identified opportunities in investment trusts - and Law Debenture has been picked out as a consistent performer with a strong, stable yield. Law Debenture uses Covid-19 market falls to position for future dividend growth Comprising of two parts, Law Debenture's focus is on long-term capital growth and steadily increasing income, rooted by a modest value bi...