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22nd
Jun 2020
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Best Stocks & Shares ISA Funds For Income - 5 Top Picks In 2020

Best Stocks & Shares ISA Funds For Income - 5 Top Picks In 2020

With UK interest rates at a record low, if you are seeking income we have selected our 5 top picks that provide monthly, quarterly or bi-annual income payments to investors within an ISA.

1. AVIVA Listed Equity Income

Getting paid a regular income is a priority for many investors. Whether you're in retirement, or want to boost your existing income, an equity income fund could be right for you. Even if you do not need income now, you can opt to reinvest it to boost capital growth.

An emphasis on dividends and dividend growth makes this fund a more traditional UK equity income fund, in our view, so it could help form the foundation of an income portfolio.The fund has an ongoing charge of 0.81% pa.

The fund has an historic yield of 4.79% (As at 31/5/2020) with income paid twice yearly.

This fund is available via:

Hargreaves Lansdown »

Interactive Investor »

2. Artemis High Income

If you are looking for a high income yield and prepared to accept higher volatility then this fund may fit the bill. 

With a focus on high yield bonds and shares, the fund manager Alex Ralph is an experienced bond investor who has a flexible approach to seeking out the best income opportunities. The fund has an ongoing charge of 0.73% pa.

The fund has a current distribution yield of 5.29% (As at 30/4/2020) with income paid monthly to investors. 

This fund is available via:

Interactive Investor »

Hargreaves Lansdown »

3. HL Multi-Manager High Income

In a world of ultra low interest rates the Hargreaves Multi Manager High Income fund aims to deliver a high monthly income to clients by blending different types of funds and moving between different areas of the market when more attractive opportunities emerge.

HL also aim to grow this income payment over time and therefore may invest in higher risk smaller companies they believe offer great potential for long term capital growth. The fund has an ongoing charge of 1.27% pa.

The current distribution yield of the fund is 5.03% (As at 31/5/2020) with income paid monthly to investors.

This fund is available via:

Hargreaves Lansdown »

4. Jupiter Asian Income

For investors who are looking for income from investing in Asia, then this fund run by Jason Pidcock might fit the bill. The fund is just over 4 years old and has a focus on companies that have strong balance sheets, are willing to pay regular dividends, and have realistic growth ambitions.

In terms regional investing Pidcock prefers to invest in Asia’s more established economies such as Australia, Singapore and South Korea. Jupiter Asian Income is prudently managed and provides an attractive quarterly income. The fund annual ongoing charge is a reasonable 0.98 per cent.

The current distribution yield of the fund is 3.70% (As at 31/5/2020) with income paid monthly to investors.

This fund is available via:

Interactive Investor »

Hargreaves Lansdown »

5. Fidelity Moneybuilder Income Fund

This fund has a conservative approach to bond investing. The focus is on quality companies that are in good financial health and generate enough cash to keep paying bondholders. 

Aims to provide a relatively steady income and a small amount of growth, without taking excessive risks. It could help diversify a portfolio focused on shares, or be used as a way to limit volatility during tougher times for stock and bond markets. The fund has an ongoing charge of 0.56% pa.

The current distribution yield of the fund is 3.20% (As at 30/4/2020) with income paid monthly to investors. 

This fund is available via:

Fidelity »

Interactive Investor »


Important:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.

Investment Fund ISAs

Listed Equity Income

from AVIVA Investors

Income Yield 4.79% pa - Income Paid Bi-annually*

Why we like it: Getting paid a regular income is a priority for many investors. Whether you're in retirement, or want to boost your existing income, an equity income fund could be right for you. Even if you do not need income now, you can opt to reinvest it to boost capital growth. An emphasis on dividends and dividend growth makes this fund a more traditional UK equity income fund, in our view, so it could help form the foundation of an income portfolio.This fund is available via the Hargreaves Lansdown investment platform.

*Historic yield correct as at 31/5/2020

Important information: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

High Income

from Artemis

Income Yield 5.29% pa - Interest Payable Monthly*

Why we like it: If you are looking for a high income yield and prepared to accept higher volatility then this fund may fit the bill. With a focus on high yield bonds and shares, the fund manager is an experienced bond investor who has a flexible approach to seeking out the best income opportunities. This fund is available via the Hargreaves Lansdown investment platform.

*Distribution yield as at 30/4/2020

Important information: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

Multi Manager High Income

from Hargreaves Lansdown

Income Yield 5.03% pa - Interest Payable Monthly*

Why we like it: The Hargreaves Multi Manager High Income fund aims to deliver a high monthly income to clients by blending different types of funds and moving between different areas of the market when more attractive opportunities emerge. HL also aim to grow this income payment over time and therefore may invest in higher risk smaller companies they believe offer great potential for long term capital growth.

*Correct as at 30/4/2020

Important: The value of your investments can rise as well as fall. You may get back less than you invested. If you’re unsure, we recommend you ask for independent advice.

Asian Income

from Jupiter

Income Yield 3.70% pa - Income Paid Quarterly*

Why we like it: If you are looking to access Asia’s exciting growth potential along with a regular income this fund may be for you. Focuses on larger, dividend-paying companies in developed Asian markets, including Hong Kong, Singapore and Australia. Invests in a small number of companies so each can contribute a lot to performance, which can increase risk. The fund aims to pay an attractive income and grow your investment. A focus on companies that tend to be more stable could help the fund fall to a lesser extent than some others when markets are weak. Jupiter has grown to be one of the UK’s most successful and respected investment management groups. This fund is available via the Hargreaves Lansdown investment platform.

*Correct as at 22/5/2020

Important information: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

Moneybuilder Income

from Fidelity

Income Yield 3.12% pa - Income Paid Monthly*

Why we like it: A fund with a conservative approach to bond investing. The focus is on quality companies that are in good financial health and generate enough cash to keep paying bondholders. Aims to provide a relatively steady income and a small amount of growth, without taking excessive risks. It could help diversify a portfolio focused on shares, or be used as a way to limit volatility during tougher times for stock and bond markets. This fund is available via the Fidelity investment platform.

Important information: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

Important Risk Information:

The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website aims to provide information to help you make your own informed decisions. It does not provide personal advice based on your circumstances. If you are unsure of how suitable an investment is for you, please seek personal advice.

High Income ISAs

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Stocks & Shares ISAs

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Stocks and Shares ISAs

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