Schroder Income Growth Fund: 27 Years of Dividend Growth
The Schroder Income Growth Fund, managed by seasoned UK equities specialist Sue Noffke, has consistently met its objectives through a diversified portfolio. The fund, which aims for reliable income and long-term growth, has raised its dividend annually since 1995, earning it the 'Dividend Hero' title.
Noffke's strategy involves a bottom-up approach to find mispriced opportunities predominantly in UK stocks. She has over 20 years of experience, selecting shares that deliver on the fund's goals.
The fund's portfolio is diversified by style, sector, and size, with a focus on companies showing strong fundamentals. For instance, Balfour Beatty (LSE: BBY) has transformed its business, focusing on cash flow, profitability, and shareholder returns, with a progressive dividend policy and share buybacks. Similarly, Smith & Nephew (LSE: SN) is recovering under new leadership, with improved cash flows and increased dividends and share buybacks.
The fund also invests in overlooked powerhouses like Intermediate Capital Group (LSE: ICG), trading at a discount to peers and its history, yet delivering a tenfold return since 2011.
The Schroder Income Growth Fund, through its disciplined and flexible approach, aims to grow income ahead of inflation over the medium term. By preserving and building wealth in real terms, the fund continues to be a reliable choice for income seekers and long-term growth investors.
