Information  X 
Enter a valid email address

Diverse Inc Tst (DIVI)


Wednesday 17 March, 2021

Diverse Inc Tst

Edison issues review on The Diverse Income Trust

RNS Number : 4724S
Diverse Income Trust PLC (The)
17 March 2021


London, UK, 17 March 2021


Edison issues review on The Diverse Income Trust (DIVI)

The Diverse Income Trust (DIVI) continues to top the ranks of UK high dividend yield peers over the past 12 months by NAV total return (TR) and remains in the top quartile by NAV TR over the medium term. This multi-cap trust is little correlated with UK equity indices but reflects the UK market's performance trend. Williams and Turner are cautiously optimistic about the global recovery from the pandemic. Given the lag of the UK market since the 2016 Brexit vote relative to global equities, the managers expect the UK to outperform global shares within the short- to medium-term horizon. The managers also believe that income shares or what they call 'short-duration' shares will outperform growth equities. 


DIVI's multi-cap strategy and the portfolio's diversification (c 130 holdings) mean the trust's portfolio stance has not needed significant change during the pandemic. The trust is well positioned for either the UK recovery or for continuing to deliver attractive returns on the current high-beta dominated markets. The cyclical value sectors within the portfolio, including financials (29.1% at end-January 2021), materials (15.4%) and energy (107%), are set to give an additional performance boost during an economic upturn. Given that small-, mid-caps and AIM-quoted stocks, combined, comprise over 63% of DIVI's portfolio, DIVI is likely to outperform the all-cap index and many larger-cap tilted peers in the recovery scenario. 

Click here to view the full report or   here   to sign up to receive research as it is published.


All reports published by Edison are available to download free of charge from its website

About Edison: E dison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached - across institutions, family offices, wealth managers and retail investors - Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.

Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.

Edison is authorised and regulated by the Financial Conduct Authority .

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

Victoria Chernykh +44(0)20 3077 5700 [email protected]

Sarah Godfrey  +44(0)20 3077 5700 [email protected]

Learn more at and connect with Edison on: 




This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

a d v e r t i s e m e n t