Marwyn Value Investors Ltd (LSE:MVI) is currently fetching one of the most attractive yields in the equity-focused investment trust space.
Marwyn Value’s portfolio of mid-cap UK, European and North American businesses, which includes Vodafone Spain-owner Zegona, offers a 9.9% yield at the latest prices.
Major holdings in the trust include footwear brand Le Chameau, software solutions provider AdvancedAdvT, and numerous special purpose acquisition vehicles.
The investment trust currently has a 50% discount to net asset value, reflecting the cautious sentiment within the wider UK trust space.
According to the latest data provided by the Association of Investment Companies (AIC), the average discount to NAV in the investment trust sector (excluding FTSE 100-listed 3i) is nearly 15%.
Henderson Far East Income (LSE:HFEL) is the highest-yielding equity investment trust at more than 10%.
Other top yielders include British & American, Chelverton UK Dividend Trust and abrdn Equity Income Trust.
AIC’s communications director Annabel Brodie-Smith said: “When interest rates fall, millions of investors will take a hit on their income.
“This list of high-yielding equity investment trusts is a helpful place for income seekers looking to invest in the stock market to start their research.
“These trusts offer a range of opportunities in regions and sectors around the world, from the UK and Asia-Pacific to smaller companies and commodities.
“Many of these investment trusts are trading on historically wide discounts which could present a buying opportunity.”
Marwyn Value Investors' shares are currently swapping for 91.5p.