SCHRODER INCOME GROWTH FUND

Ewen Cameron Watt will retire as chairman of the board and as a non-executive director following the annual general meeting expected in December 2026. Victoria Muir will succeed him as chair; she has been an independent board member since July 2019 and senior independent director since December 2022. The board plans to appoint another independent, non-executive member in the second half of the year and to review committee chair appointments; further announcements will be made via the regulatory news service. » Más en de.investing.com

The Schroder Income Growth Fund delivered a NAV total return of 9.6% for the year ended 31 August 2025 (share price total return 12.9%), trailing the FTSE All-Share. The board is cutting the management fee from 0.45% to 0.40% from 1 September 2025 and will in future calculate the fee on the lower of market capitalisation or NAV; secretarial and administrative fees are being abolished and discount management is being tightened. The total dividend was increased by 3.5%, supported by a 7.8% rise in income, marking the 30th consecutive year of dividend growth; the dividend yield is 4.4% and the trust trades at an 8.5% discount to NAV. » Más en de.investing.com