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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
- LocationSchroder Income Growth Fund plc1 London Wall PlaceLONDON EC2Y 5AUUnited KingdomGBR
- Websitehttps://www.schroders.com/en-gb/uk/individual/funds-and-strategies/investment-trusts/schroder-income-growth-fund-plc/
Profile
| Management group(s) | Schroder Investment Management Limited |
|---|---|
| AIC sector | UK Equity Income |
| ISIN | GB0007915860 |
| Launch date | 09 Mar 1995 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
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
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Aurora Investment Trust plc | 56.99m | 53.37m |
| Oryx International Growth Fund Ltd | 36.65m | 33.52m |
| Digital 9 Infrastructure PLC | -220.57m | -237.33m |
| Schroder Income Growth Fund PLC | -5.88m | -9.23m |
| Odyssean Investment Trust PLC | 8.37m | 5.71m |
| Fair Oaks Income Ltd | 25.31m | 24.43m |
| Ecofin Glbl Utlits and Infrstrc Trst PLC | -14.42m | -20.26m |
| Schroder UK Mid Cap Fund PLC | 36.18m | 33.17m |
| Baronsmead Venture Trust PLC | -942.00k | -5.14m |
| TwentyFour Select Monthly Income Fnd Ltd | 29.13m | 26.94m |
| Jpmorgan China Growth & Income PLC | -36.89m | -43.13m |
| Ecora Resources PLC | 49.17m | 672.87k |
| Foresight VCT Plc | 22.78m | 16.48m |
| Pembroke VCT PLC | -2.04m | -7.41m |
| Fidelity Japan Trust PLC | 30.25m | 27.70m |
| CVC Income & Growth Ltd | 44.80m | 27.28m |
Institutional shareholders
| Holder | Shares | % Held |
|---|---|---|
| Schroder Investment Management Ltd.as of 01 Apr 2024 | 17.68m | 25.46% |
| Charles Stanley & Co. Ltd. (Investment Management)as of 31 Aug 2023 | 3.45m | 4.96% |
| Hargreaves Lansdown Asset Management Ltd.as of 01 Apr 2024 | 2.60m | 3.74% |
| Rathbones Investment Management Ltd.as of 01 Apr 2024 | 2.09m | 3.01% |
| BlackRock Investment Management (UK) Ltd.as of 01 Apr 2024 | 1.24m | 1.78% |
| Legal & General Investment Management Ltd.as of 01 Apr 2024 | 955.00k | 1.38% |
| Walker Crips Investment Management Ltd.as of 01 Apr 2024 | 909.00k | 1.31% |
| HSBC Global Asset Management (UK) Ltd.as of 01 Apr 2024 | 707.00k | 1.02% |
| J. M. Finn & Co. Ltd.as of 01 Apr 2024 | 412.00k | 0.59% |
| Investec Wealth & Investment Ltd.as of 01 Apr 2024 | 383.00k | 0.55% |
