Investment Trust Dividends

Current Portfolio

RGL has since trimmed their dividend and most probably will

do so in the near future.

LBOW as it winds down, no longer pays a dividend.

Excluding the 2 Trusts above they blended yield is 9%.

VSL, RECI: their dividends are unlikely to increase but provides

funds to re-invest in the portfolio.

The other Trusts the dividends should gently increase excluding

ADIG,TENT which are winding down.

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