UPDATE: This trust was delisted in June 2026, with shareholders offered a cash exit or rollover into an open-ended fund.

Diverse Income Trust (ticker: DIVI) is a UK equity income trust run by the respected team of Gervais Williams and Martin Turner at Premier Miton. From its launch in April 2011 to the end of May 2022, it returned 228% on a NAV total return basis versus around 90% for the UK market. It has a diversified portfolio of around 130 positions but has been able to outperform both the market and most of its sector rivals by having over half its portfolio in smaller companies. Diverse...