STS Global Income & Growth Trust plc (STS)

Profile

https://www.stsplc.co.uk

STS Global Income & Growth Trust plc is a UK-domiciled investment trust launched in 2005, designed to deliver rising income and long-term capital growth through a concentrated portfolio of high-quality global equities. Managed actively by Troy Asset Management, with James Harries and Tomasz Boniek as key fund managers, it emphasizes low-volatility returns and absolute risk management, without benchmark constraints. The trust invests primarily in equities across sectors like consumer defensive (around 33%), technology (23%), and industrials (17%), with significant exposure to the United States (41%), United Kingdom (35%), and Switzerland (8%). Top holdings include British American Tobacco, CME Group, and Siemens. Notable features include quarterly dividends yielding approximately 3.6%, a strict discount control policy to maintain share price near net asset value, limited gearing up to 20%, and an ongoing charge of 0.8%. With total assets around £292 million, it serves investors seeking sustainable income growth and capital preservation in uncertain markets, focusing on companies with strong free cash flow.