Sorry boys and girls that’s Naval gazing.

With NESF trimming their future dividends and the highest yielder in the SNOWBALL SEIT (now sold) cutting their next dividend, there is some yield to be replaced.

Some of the lost yield has already been replaced but there is still work to do.

Whilst this year’s target yield will be met, next years may have to be held.

SDV will have to be sold after their next xd date and the funds invested into a higher yielder.

10k compounded at 7% over 20 years £38,700

10k compounded at 9% over 20 years £56,000

An extra 2% compounded for 20 years, equals another £17,300.

Looking at the table both BSIF and FGEN’s prices are up since the start of 2026, so it may be too late to board the train, although there still appears to be some momentum behind FGEN.

Whilst it’s too early to set a target for next year, it’s likely to be the 2030 target.