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STS Global Income & Growth Trust : Annual Reports (4429 STS Global Income Growth Trust AR)
STS Global Income & Growth Trust : Annual Reports (4429 STS Global Income Growth Trust
About this update from Stracon Group Holding Inc.
[{"type":"text","content":"\n \n Annual Report\n \n \n Year to 31 March 2026\n https://www.stsplc.co.uk\n Why Invest in STS Global Income & Growth Trust?\n \n \n \n The Company aims to:\n \n \n Steadily grow your investment over time Target a growing income - yield 3.8%* Seek to defend value in an uncertain world\n What we do\n \n \n STS Global Income & Growth Trust plc (the 'Company' or 'STS') is a UK-based investment trust, managed by Troy Asset Management Limited (the 'Manager' or 'Troy'), which invests in a portfolio of global equities. It aims to meet the needs of investors looking for a growing level of income and steady capital growth over the long term, whilst also wanting to preserve the value of their money.\n \n \n \n A quality investment approach\n \n \n The Company seeks to invest in a small number of companies (typically 30 - 50 companies) which the Manager deems to be high-quality and hold them for very long periods to capture the compounding power of those companies.\n \n \n \n Dependable income\n \n \n The Company aims to provide a steady, regular income with the intention of growing this consistently from year to year. Dividends are paid quarterly in April, July, October\n \n \n and January.\n \n \n Experienced team\n \n \n The Company is co-managed by James Harries and Tomasz Boniek. James has more than\n \n \n 20 years' experience of managing global income portfolios and joined Troy in 2016. Tomasz has over 13 years' investment experience and has been helping manage global income portfolios with James for 8 years, having joined Troy in 2017.\n \n \n \n Discount management\n \n \n The Company introduced a discount control mechanism in November 2020 which aims to ensure, in normal market conditions, that the shares trade consistently close to their net asset value, providing liquidity for all shareholders.\n \n \n Under the discount control mechanism, the Company has committed to buying back shares when there is excess supply and issuing shares when there is excess demand.\n \n \n \n Independent oversight\n \n \n The Company is overseen by an independent Board. By engaging with and listening to shareholders, the Board ensures that the Company continues to offer a distinctive investment proposition that is relevant to investors' needs.\n \n \n \n * The dividend policy set out on page 14 does not target a yield, this reflects the h...