Equity income protected investors during the high inflationary environment following the pandemic and "mini"-Budget fiasco.
The inflation surge from mid-2021 through the whole of 2022 saw interest rates rise substantially from low levels, and global equity markets struggled.
But global equity income funds held up well during 2022, declining far less.
In an inflationary period such as 2022, when market returns were highly concentrated in energy, mining and defence sectors, this turned out to be a successful strategy for many income funds in the short term.
But does the economic outlook leave equity income portfolios facing headwinds?
Also, with a growing number of tech companies paying out dividends, will this change income investing strategies as well as how investors can build a diversified income portfolio?
This guide is worth 60 minutes of CPD.