I invest in TRIG (which is on Freetrade) and also BSIF for my renewables kick. BSIF isn’t on Freetrade yet. Any chance we can get it please?
Can you tell us a bit about Bluefield Solar Income Fund Ltd, Matt?
Sure!
It’s a company that invests in solar farms. They aim to return funds to investors by distributing dividends. So a lot like TRIG but only solar. It’s been yielding about 6% for me since when I started investing in it.
I like TRIG more these days, but I still diversify by having the two as part of my portfolio. And the yields being similar makes me able to just treat them very similarly.
I’m hopeful we will turn to renewables soon.
Good article on Bluefield here. It’s diversifying, good return, good dividend… Would be great to see it on Freetrade soon
It used to be on here but was removed as one of those complex shares. Hopefully see it back again some day who knows, maybe a good vote will see them figuring out a way around the complex share business sooner.
This and UKW are the only two renewable infrastructure trusts I’d consider investing in.
They’re both reasonably big, with good long-term track records, but I’m yet to be convinced.
I would give GSEO A look.
No debt, big discount, loads of assets in construction and cash to pay for them.
I haven’t come across that one before. It looks good at a glance but I just don’t have the risk appetite nor expertise for alternative investments.
It has been mighty tempting to buy a basket of say half a dozen interest rate-hit trusts as a short/mid term turnaround play though.
But it runs against my buy-and-hold strategy, I like to assess investments with the longer term in mind.