The Legal and General High Income Trust, has currently paying out to investors an eye watering 6% to hold units in this fund.

[http://i.legalandgeneral.com/consumer/investments/products-and-funds/actively-managed/income/investments-productsandfunds-activelymanaged-income-fund-highincome.jsp]

The fund is holding investments worth £1,216.7 million [£1.2 billion]

http://www.legalandgeneral.com/_resources/pdfs/investments/managers-report-annual/AM_SR_High_Income_Trust.pdf

To give out over 6% to investors, it has to hold plenty of investment securities that are giving over 6%. (Yielding over 6%)

Look at the top 10 holdings, they are all debt instruments issued by companies paying out a fixed income:-

Johnston Press 8.625% 01/06/2019 1.53% of the fund
Jaguar Land Rover 3.875% 01/03/2023 1.28% of the fund
Infinis 7% 15/02/2019 1.18% of the fund
SoftBank Group 5.25% 30/07/2027 1.15% of the fund
VWR Funding 4.625% 15/04/2022 1.11% of the fund
MHGE Parent 8.5% 01/08/2019 1.11% of the fund
Palace Entertainment Holding 8.875% 15/04/2017 1.03% of the fund
BC Mountain 7% 01/02/2021 1.03% of the fund
Kerling 10.625% 01/02/2017 1.02% of the fund
Affinity Gaming 9% 15/05/2018 0.94% of the fund

One can see that some of the debt securities that this fund holds are paying over 8%. So it shows how this fund from Legal and General is able to pay out this delicious 6% dividend to its investors.