London, UK, 20 May 2022

Edison issues update on Murray Income Trust (MUT)

Murray Income Trust (MUT) invests mainly in UK equities and aims to provide a high and growing income, combined with capital growth. Its quality bias has resulted in underperformance during the recent rotation away from the quality and growth stocks favoured by manager, Charles Luke. However, the trust's long-term track record of outperformance of the market and its peers confirms that Luke's approach pays off over time. Over the ten years to end March 2022, MUT has generated an average annualised return of 8.1% on an NAV basis and 7.7% in share price terms, compared to a market return of 7.2%. The trust's FY22 dividend is expected to be at least 34.75p, putting it on track to deliver its 49th consecutive year of dividend growth. This represents a prospective yield of 4.1%.

Investors seeking a regular, predictable and rising income may be attracted by MUT's 48-year run of annual dividend growth, delivered via quarterly dividend payments. Such investors may be further reassured by the trust's relatively resilient dividend receipts and its capacity to use its reserves, if necessary, to maintain its dividend growth record. MUT also offers a track record of long-term outperformance and a well-diversified portfolio of high-quality, growth-oriented stocks, including vibrant mid-caps. These attributes may appeal to those wanting broad exposure to the UK market, at a very competitive fee.

Click here to view the full report or here to sign up to receive research as it is published.

All reports published by Edison are available to download free of charge from its website

www.edisongroup.com

About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached - across institutions, family offices, wealth managers and retail investors - Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.

Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

Joanne Collins +44 (0)20 3077 5700 [email protected]

Sarah Godfrey +44 (0)20 3681 2519 [email protected]

Learn more at www.edisongroup.com and connect with Edison on: 

LinkedIn          https://www.linkedin.com/company/edison-group-/

Twitter             www.twitter.com/Edison_Inv_Res

YouTube         www.youtube.com/edisonitv