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Schroder Income Growth Fund annual NAV rises 4%, ups dividend

By BFN News | 08:05 AM | Friday 09 November, 2018

Schroder Income Growth Fund boosted its net asset value per share by 4.0% in the year through August, while increasing its dividend. The fund's performance was a little below a 4.7% increase in the FTSE All-Share Index, but above a 3.8% return from the peer group median fund. Schroder Income Growth Fund declared a total distribution for the year of 11.8p per share, up 5.4% on-year. 'Surveys suggest that the UK stock market has rarely been so unpopular with international investors as it is now,' chairman Ian Barby said. 'It is easy to see why - it is equally rare for the political backdrop to be as unclear - nevertheless the market has continued to provide opportunities to meet our long-term goal.' At 8:05am: (LON:SCF) Schroder Income Growth Fund Plc share price was -0.5p at 277p Story provided by

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