Diverse Income Trust (The) (LSE: DIVI)

Currency in GBP

Last close As at 06/12/2023


−0.10 (−0.13%)

Market capitalisation


The Diverse Income Trust’s objective is to provide an attractive and growing level of dividends, coupled with capital growth over the longer term. It invests in a diversified portfolio primarily of quoted or traded UK companies across the market-cap spectrum, with a bias to high-quality small- and mid-cap stocks. Because it builds a stock-specific portfolio, the team does not use a benchmark.

Latest Insights

View More
Diverse Income Trust (The)_resized

Equity Analyst

Melanie Jenner

Mel Jenner

Director, Investment Trusts

Key Management

  • Gervais Williams

    Fund manager

  • Martin Turner

    Fund manager

  • Michael Wrobel


Share Price Performance

Price Performance
% 1M 3M 12M
Actual 1.2 (2.6) (13.7)
Relative (0.1) (3.1) (12.3)
52 week high/low 96.5p/75.4p


Since launch in 2011, the Diverse Income Trust (DIVI) has grown its dividend every year (compounding at an average annual rate of 6.5%), including during the global pandemic, when many UK dividends were cut. The strength of the trust’s revenue growth is also reflected in its capital appreciation that has enabled DIVI to deliver robust total returns. As globalisation has fractured over the last three years, equity income strategies have become increasingly popular with global investors, and the UK top 100 index (in US dollar terms) has outperformed other developed market indices. DIVI’s two co-managers, Gervais Williams and Martin Turner, are very optimistic because they believe that UK large-cap stocks will continue to outperform and historically UK small-caps have outpaced the performance of their larger peers. In this scenario, the prospects for the trust’s multi-cap approach look very favourable.



Investment Companies

European equities


Investment Companies

Listed Private Equity


Investment Companies

Vietnamese equities: Due a comeback?



IPO apocalypse

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free