Most investors would like to have a highly reliable income with no such a big exposure to risk.
An interesting proposition for infrastructure income is:
It seems to be very popular as it trades at a nearly 10% premium to NAV. At the point of writing the dividend is a decent 4.8%. This fund has an ongoing charge of 1.26% (2017).
HICL investment trust invests in a wide range of infrastructure projects: hospitals, home office accommodation, high-speed rail, and schools.
According to HICL’s official website “it is is a long-term equity investor in infrastructure, working with public sector clients to deliver high-quality projects which support the community and provide essential public services.
Other interesting infrastructure trusts:
ECOFIN GLOBAL UTILITIES AND INFRASTRUCTURE TRUST PLC – (official website, Morningstar)
UTILICO EMERGING MARKETS LIMITED – (official website, Morningstar)
“UTILICO investment objective is to provide long-term total return through a flexible investment policy that permits it to make investments predominantly in infrastructure, utility and related sectors, mainly in emerging markets.”