- Global equity income funds are a good way to diversify your income stream
- Some of the highest paying funds boost their income by selling call options
- But doing this can limit their total returns
Bond yields might be alluringly high, but equity income investing is far from out of fashion – with investment platform Interactive Investor recently noting that income portfolios had started to make their presence known in its list of bestselling funds.
Some of these names are familiar, with funds such as UK income play City of London Investment Trust (CTY) popping up on the list. And, as we recently pointed out in Income Majors 2023: the UK’s biggest dividend payers, there are also good options if you want to pick stocks in the domestic market yourself.