BlackRock American Income (BRAI) has underperformed its US value benchmark since it joined the market in 2012, so it has reinvented itself. Initially, it adopted a sustainability-based approach, but since April 2025, it has been using a systematic strategy that combines "the power of big data, artificial intelligence and human expertise ... to unlock new ways to seek consistent portfolio outcomes and exploit market inefficiencies", a first for the investment trust sector. Its shareholders have been supportive, with an accompanying 20% tender offer at a 2% discount seeing a 16% take-up, no doub...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
Exclusive to subscribers to the Money Makers Circle Contents - On the podcast this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Thoughts on the news/portfolio reviews - Good reads - This week's biggest movers - Investment Trusts Handbook - Video reviews - Appendices
On the podcast this week On the podcast this week I talk first to Richard Staveley, the manager of Rockwood Strategic (RKW), the best-performing trust in the UK small-cap sector, though one that specialises in riskier small caps at the bottom of the market capitalisation scale. It is...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
© 2026 Money Makers