Murray Income trust launches 'surprise' strategic review amid lagging performance

Trading at 10.3% discount to NAV

Sorin Dojan
clock • 1 min read

The board of Murray Income trust has initiated a strategic review to assess the options available to bolster performance and returns for shareholders.

In a stock exchange notice today (3 July), the board said it will continue to provide an attractive yield as the portfolio remains mostly focused on UK equities. But the strategy's performance has lagged behind its FTSE All-Share benchmark in the last three years by a significant margin, returning 10.5% compared to the latter's 26.8%, according to the trust's latest factsheet. CQS Natural Resources Growth and Income strategic review results delayed as Saba situation lingers The board said Murray Income's performance has for some time been below its expectations "and has contri...

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