Investment Trusts

Schroder Income Growth Fund plc

SCF:LSE

Schroder Income Growth Fund plc

  • Price (GBX)282.00
  • Today's Change-2.00 / -0.70%
  • Shares traded81.12k
  • 1 Year change8.67%
  • Beta1.2259
Data delayed at least 20 minutes, as of Oct 31 2024 16:15 BST.
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Profile data is unavailable for this security.

About the company

Schroder Income Growth Fund plc is a United Kingdom-based investment company. The Company’s principal objectives are to provide growth in income that exceeds the rate of inflation and capital growth as a consequence of rising income. The investment policy of the Company is to invest primarily in United Kingdom equities, but up to 20% of the portfolio may be invested in equities listed on recognized stock exchanges outside the United Kingdom. The Company may use equity related instruments such as convertible securities and up to 10% of the portfolio may be invested in bonds. The Company invests in various sectors, such as financials, consumer discretionary, health care, basic materials, energy, industrials, utilities, consumer staples, real estate, telecommunications, and technology. Its alternative investment fund manager is Schroder Unit Trusts Limited. Its investment manager is Schroder Investment Management Limited.

  • Revenue in GBP (TTM)-5.88m
  • Net income in GBP-9.23m
  • Incorporated1995
  • Employees0.00
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Profile

Management group(s)Schroder Unit Trusts Limited
AIC sectorUK Equity Income
ISINGB0007915860
Launch date09 Mar 1995
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To provide real growth of income, being growth of income in excess of the rate of inflation, and capital growth as a consequence of the rising income. The investment policy of the Company is to invest primarily in UK equities but up to 20% of the portfolio may be invested in equities listed on recognised stock exchanges outside the UK and up to 10% of the portfolio may be invested in bonds. In addition, up to 20% of total income may be generated by short-dated call options written on holdings in the portfolio.

Managed by

Sue Noffke

Management & contract fees

The management fee is a flat 0.45% of the value of the Company's assets.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Oryx International Growth Fund Ltd29.00m25.23m181.30m0.00181.30m0.00
Mobeus Income & Growth VCT PLC10.24m7.50m182.62m0.00182.62m0.00
Aurora Investment Trust plc37.47m33.91m188.44m0.00188.44m0.00
Jpmorgan China Growth & Income PLC-90.82m-95.92m191.37m0.00191.37m0.00
AVI Japan Opportunity Trust PLC32.81m30.99m191.51m0.00191.51m0.00
Invesco Global Equity Income Trust PLC31.25m28.04m192.03m0.00192.03m0.00
City of London Investment Group PLC53.58m13.20m195.91m117.00195.91m117.00
Schroder Income Growth Fund PLC-5.88m-9.23m197.17m0.00197.17m0.00
Foresight VCT Plc28.97m21.97m200.64m0.00200.64m0.00
Income and Growth VCT PLC12.36m9.11m203.11m0.00203.11m0.00
GCP Asset Backed Income Fund Ltd19.91m11.98m206.43m0.00206.43m0.00
Baronsmead Venture Trust PLC8.85m4.69m206.98m0.00206.98m0.00
Pembroke VCT PLC-5.17m-10.47m208.35m0.00208.35m0.00
Odyssean Investment Trust PLC-4.05m-6.72m209.97m0.00209.97m0.00
Schroder UK Mid Cap Fund PLC21.55m18.07m212.67m0.00212.67m0.00
Aquila European Renewables PLC-27.94m-31.79m213.35m--213.35m--
Data as of Oct 31 2024. Currency figures normalised to Schroder Income Growth Fund plc's reporting currency: UK Pound GBX

Institutional shareholders

41.81%Per cent of shares held by top holders
HolderShares% Held
Schroder Investment Management Ltd.as of 01 Jul 202416.38m23.59%
Charles Stanley & Co. Ltd. (Investment Management)as of 31 Aug 20233.45m4.96%
Hargreaves Lansdown Asset Management Ltd.as of 01 Jul 20242.64m3.80%
Rathbones Investment Management Ltd.as of 01 Jul 20241.96m2.82%
BlackRock Investment Management (UK) Ltd.as of 01 Jul 20241.19m1.71%
Legal & General Investment Management Ltd.as of 01 Jul 2024936.00k1.35%
Walker Crips Investment Management Ltd.as of 01 Jul 2024903.00k1.30%
HSBC Global Asset Management (UK) Ltd.as of 01 Jul 2024777.00k1.12%
J. M. Finn & Co. Ltd.as of 01 Jul 2024403.00k0.58%
Evelyn Partners Investment Management LLPas of 01 Jul 2024395.00k0.57%
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Data from 31 Jul 2023 - 09 Oct 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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