Same!
They’re part of a mix of Monthly, Quarterly, and BiAnnual payers.
It’s not a fixation, just another ingredient in the mix.
2 Likes
What are everyone’s thoughts on the deep discounted infrastructure trusts?
2022 knocked these, they came back a bit and now they are down further heading into 2025.
I hold TRIG, UKW, HICL, TRY, GCP, SEQI mostly since late 2024 (TRY from 2022) when they appeared on my radar as discount income plays, so I missed alot of the carnage from before but they are all down for me currently.
Try is a unique pan European property trust, probably my longest holding on and off over the years, made decent profits, sold many times and now after re buying, is down.
GCP and SEQI are my favourites due to investing in the debt side of things rather than equity therefore appear to be less volatile.
All trusts bar TRY are deeply discounted, what are your thoughts on where we are and where we are headed from now?
2 Likes
My comment wasn’t aimed at anyone in particular, @weenie! 
I was speaking more generally, there does seem to be a clamour for monthly dividends and I like to play devil’s advocate.
I take the point about being able to reinvest earlier @Timek even if I’m not convinced it will make such a difference to returns. I’m just concerned some are investing in a stock simply because it pays monthly, which I’m sure none of you fine folk would do.
I’d say be wary of value trap-type scenarios. Often discounts to NAV are wide for good reason and could take many years to narrow, if at all.
I’d steer clear of relatively esoteric trusts like SEQI unless you have a thorough understanding of infrastructure debt which you may well for all I know.
I held TRY for a time, picked some up at bargain basement prices (thanks Liz Truss!) but took profits off the table. I like that trust and it would be my go-to if I wanted extra property exposure.
However, I’m not convinced any of these trusts will beat VWRP or the VUAG long-term which is the No 1 reason I don’t hold them. I know that’s comparing apples and oranges to some degree!
2 Likes
I’m a big fan of SEQI. Even when investments have gone south, their recovery rate is impressive. Interest rate sensitive and won’t shoot the lights out but appears steady enough on the dividend front.
I am invested in HICL along with INPP and BBGI and holding at the moment. They are going through a transition and whilst the dividends look secure in the short term, I am not sure what the long term holds.
Today has been a rough day for them all 
2 Likes
Forgot my EOY update: Managed to get 1276.34 for 2024 in Dividends up from 986.55 in the previous year. Final year end value was 29770 for 27660 in deposits with a capital delta of 2110 so showing some growth as last years capital delta was only 590 (and the previous year was -865) Already forecasting 1477 for next year with the current portfolio value hopefully rising to about 1650 once deposits are accounted for. I tend to see a 1% growth for the current year per month and a 2% growth in the following year per month. Approaching 15% payback from the investment for a lor of my picks:
The payout is growing at a rate of ~20 per month:
Overall yield is 4.61% relative to deposits.
Here’s hoping for a good 2025 and breaking 1600 for the year.
In terms of reinvesting I deposit £500 per month and all dividends just get added and I topup each holding on ex dividend day to eke out a slightly higher yield.
7 Likes
Some great insights and updates 
1 Like
It just makes the dividend rate more attractive to an idiot like me.
3 Likes
I have a couple of the ones you mention (TRIG and HICL) - I’ve held them a long time so they weren’t always at such large discounts!
It’s tempting to buy more because of the discount, but these two, I am just reinvesting the dividends and not adding any capital.
2 Likes
I think it depends on how much you have invested and how much money you feel makes a difference. If its only £100s invested the return will be small. On the other hand if your investing £250,000 - £500,000 pension pot with a 0.5% monthly return is something different.
what app is that you are using to track dividends?
That looks like Stock Events
1 Like