When do the two AJ Bell income funds pay out income?
The two AJ Bell funds designed for income offer two types of units: ‘income’ and ‘accumulation’.
If you choose to buy ‘income’ units, the income will be paid on a monthly basis into the account holding the fund e.g. ISA, SIPP, etc. The amount may vary from month to month, depending on the dividends the fund has generated, which are paid by the companies owned by the fund’s underlying investments.
If you would like the income paid into your bank account, you can setup a regular income withdrawal.
Different holdings will pay income at different points throughout the year. As a result, although both funds expect to receive income at a reasonably regular frequency, some months can see larger income amounts than others. Dividend payments aren't guaranteed, but you can get an idea of the income you can expect each month by checking our income frequency chart.
If you choose to buy ‘accumulation’ units, the income generated by the fund will be reinvested in the fund itself, rather than paid out to you. This raises the price of each unit, increasing the value of your investment.
For more information on types of share classes in funds, have a read of our FAQ: What is the difference between income and accumulation units?
Income frequency chart
- VT AJB Income Fund (monthly yield)
- VT AJB Income & Growth Fund (monthly yield)
|VT AJ Bell Income Fund||0.09%||0.35%||0.33%||0.13%||0.31%||0.30%||0.35%||0.35%||0.29%||0.12%||0.36%||0.56%||3.54%|
|VT AJ Bell Income & Growth Fund||0.09%||0.36%||0.38%||0.18%||0.31%||0.36%||0.20%||0.36%||0.35%||0.11%||0.40%||0.47%||3.55%|
Source: AJ Bell, Bloomberg LLP, March 2021. All calculations are based on the payout schedule and trailing 12 month yields of the underlying investments in the respective AJ Bell fund and should not be relied on as a prediction for the future. The dates for each payment is the ex-date of the underlying holding.
- The graphic is not forward looking but instead uses historic data and is based on trailing 12m gross dividend yields, as at 01/03/2021
- The graphic uses the pay-out schedule of the AJ Bell funds’ underlying holdings to determine when payment is expected on a holding
- The graphic is based on the ex-dividend date of the underlying holdings. The “ex-date”, is the date that the legal recipient of the dividend/income is already confirmed and can’t be changed, regardless of whether the recipient of the then proceeds to sell their holding
- Dividends are not guaranteed and can be subject to reduction, postponement or cancellation, due to adverse underlying market conditions, at the discretion of the underlying companies.
- The value of your investments can go down as well as up and you may get back less than you originally invested. Past performance is not a guide to future performance and some investments need to be held for the long term. Target yields are not guaranteed and can fluctuate.