Jupiter Income Income Units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 4.75% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.69% |
| Launch date | 03-08-1987 |
| Launch price | £1.00 |
| Sector | UK Equity Income |
| Fund size | £2,825 million |
| Number of holdings | 81 |
| Fund type | Unit Trust |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
It has been a lacklustre period for most UK equity income funds. Tony Nutt has been positioning the fund to take advantage of businesses that should survive the economic slowdown. There is minimal exposure to businesses still lending money and those that are reliant on UK consumers. The fund’s exposure to the utilities sector has been helpful but holdings in the oil and gas sectors have proven detrimental more recently.
Full research
About the Fund Manager
Anthony Nutt
Located in: London
Anthony Nutt has managed Jupiter's largest unit trust, the Jupiter Income Trust since May 2000. In addition to this Anthony manages the Jupiter High Income Fund (since launch in 1996), the Jupiter Dividend & Growth Trust plc, the Jupiter Second Enhanced Income Trust plc and the equity portion of the Jupiter Distribution Fund.
Prior to joining Jupiter he was a director of a leading merchant bank and responsible for the management of specialist and balanced pension funds on behalf of key UK and overseas clients and also responsible for leading investment trusts. Earlier in his career he managed one of the largest UK unit trusts on behalf of a UK clearing bank and has been managing institutional investment funds since 1983.
Anthony is Head of Jupiter's UK Equity Team.
Income details
| Historic yield | 5.10% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 January 2008 |
|---|---|
| Payment date ³ | 28 February 2008 |
1 of 2 
Top 10 holdings
| BP | 7.87% |
|---|---|
| Royal Dutch Shell B | 6.54% |
| Vodafone Group | 6.35% |
| Astrazeneca | 5.18% |
| Diageo | 4.38% |
| Admiral Group | 3.10% |
| BG Group | 3.06% |
| Telefonica S.A. | 2.59% |
| Lloyds TSB Group | 2.45% |
| National Grid | 2.31% |
Top 10 sectors
| Oil & Gas Producers | 18.64% |
|---|---|
| Cash and Equiv. | 9.04% |
| Nonlife Insurance | 6.88% |
| Mobile Telecommunications | 6.35% |
| Beverages | 6.05% |
| Financial Services | 5.90% |
| Pharmaceuticals & Biotechnology | 5.18% |
| Fixed Line Telecommunications | 4.81% |
| Banks | 4.66% |
| Gas, Water & Multiutilities | 4.25% |
Top 10 countries
| United Kingdom | 82.98% |
|---|---|
| Cash and Equiv. | 9.04% |
| France | 2.70% |
| Spain | 2.59% |
| Italy | 1.18% |
| Non-Classified | 0.86% |
| Ireland | 0.62% |
| Netherlands | 0.01% |
| Norway | 0.00% |
| Switzerland | 0.00% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
