David has worked for 25 years at the Company's Investment Manager, which became part of Columbia Threadneedle Investments in 2021 and is currently Head of European Equities Research Strategy. David has 27 years' industry experience, the majority of them in managing assets on behalf of a wide variety of clients, including Investment Trusts. Prior to his current role at Columbia Threadneedle Investments, David held the role of Co-Head of Global Equities at BMO Global Asset Management and is currently the lead manager on the CT Select UK Equity Income Fund and the CT (Lux) European Growth & Income Fund.
CT UK High Income Trust aims to provide shareholders with an attractive level of income together with the opportunity for capital growth. The Trust invests predominantly in UK equities. Investment is focused on a portfolio of quality businesses that aim to deliver a high level of growing income for the future alongside capital growth for shareholders.
The trust has two classes of share – Ordinary shares and B shares – which pay the same level of quarterly cash distributions. The cash distributions on the Ordinary shares are paid as dividends while those on the B shares are paid by way of capital returns and therefore taxed under capital gains tax (CGT) rules which can provide tax benefits to certain types of investors. The net asset value attributable to each class of shares is the same.
The shares may also be traded as units. Each unit consists of three Ordinary shares and one B share.
The Trust aims to provide an attractive return to shareholders each year in the form of dividends and/or capital repayments, together with prospects for capital growth.
Columbia Threadneedle Investment Business Limited
FTSE All-Share Index
UK Equity Income
1 March 2007
£107.4 million (as at 31.10.2023)
(Units) GB00B1N4H933 (Ordinary Shares) GB00B1N4G299 (B Shares) GB00B1N4H594
(Units) B1N4H93 (Ordinary Shares) B1N4G29 (B Shares) B1N4H59
CHI (Ordinary shares) CHIB (B shares) CHIU (Unit trust)
Annual general meeting
Dividend payment date(s)
August, November, February and May
July, October, January and April
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