The Invesco Perpetual High Income Fund

The Invesco Perpetual High Income Fund is a £12,400 million (£12.4 billion) investment fund that is was formerly run by Neil Woodford, and is now under the management of Mark Barnett.

The fund aims to achieve a high level of income, together with capital growth.

Its top 10 holdings are:-

AstraZeneca 5.71%
British American Tobacco 5.71%
Roche 5.29%
GlaxoSmithKline 5.23%
Imperial Tobacco 4.99%
BAE Systems 4.93%
BT 4.71%
Reynolds American 4.37%
Rolls-Royce 3.71%
Capita 3.61%

The total top 10 holdings make up 48.26% of the fund.

One can see it holds high quality stocks that give a decent dividend.

GlaxoSmithKline, the UK’s largest health and pharma company. A dividend yield of over 5%.
[http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=10042]

BT the UK’s premier phone and media company is delivering a dividend yield of over 2.5%. [http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?username=&ac=&csi=10025&record_search=1&search_phrase=BT]

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