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Aviva Investors UK Listed Equity Income Fund 4 GBP Inc

ISIN

GB00BHNWQ475

Asset class

Equity

NAV

136.22 GBX (as at 19/10/2026)

View all funds

Fund overview

Objective: The Fund aims to deliver an income return in excess of the income of the FTSE® All-Share Index (the “Index”) over 3-year rolling periods, and provide an average annual net return greater than the Index over rolling 5-year periods, by investing in shares of UK companies.

Investments: At least 80% of the Fund is invested in shares of UK companies (incorporated or domiciled in the UK) or non UK companies which are listed in the UK or which have significant trading activities in the UK. The Fund may also invest in other shares, other funds, cash and deposits.

 

Strategy: The Fund is actively managed. The Investment Manager assembles a high-conviction portfolio of mature companies that benefit from a competitive position and high market entry barriers and appear to offer high dividend prospects.

More details on specific fund risks.

Share class currency
GBP
Return type (Inc / Acc)
Income
Share class
4
Minimum Investment
GBP 5,000,000
Fund size (as at 19/10/2026)
GBP 796.48m
Share class inception date
30/09/2019
Fund launch date
28/04/1989
Performance benchmark
FTSE AllSh TR GBP
Fund volatility
11.85
Benchmark volatility
11.43
SFDR
-
IA Sector
UK Equity Income
Distribution dates
16/10/2026
Income distribution frequency
Semi-Annually
Latest dividend
0.03

Historic yield

The historic yield reflects distributions declared over the past 12 months as a percentage of the share / unit price, on the date shown. This does not include entry charges and investors may be subject to further tax on their distributions.

3.15%

Underlying yield

This reflects the annualised income net of expenses of the fund as a percentage of the share price of the fund on the date shown. It does not include the deduction of entry charges and is the gross return before tax on distributions.

-

Distribution yield

This reflects the amount that is expected to be distributed over the next 12 months as a percentage of the share price of the fund on the date shown. It does not include the deduction of entry charges and is the gross return before tax on distributions. You may be subject to further tax on your distributions. The yield is not guaranteed.

-
Fund income (gross of charges and taxes)*
3.59%
Benchmark Income (gross of charges and taxes)*
3.18%

*The Fund aims to deliver an income return of at least 110% of the income return of the FTSE All Share Index over any given 12-month period.

Trading currency
GBX
NAV (as at 19/10/2026)
136.22
Daily change
-1.17%
12 Months NAV high (as at 07/08/2026)
140.71
12 Months NAV low (as at 17/10/2025)
116.75
Valuation frequency
Daily
ISIN
GB00BHNWQ475
SEDOL
BHNWQ47
MEXID
NUAAKN
Bloomberg
AVUKE4G LN

Fund commentary

Summary review (as at September 2026)

The fund produced a positive return and outperformed its benchmark index over the quarter. Stock selection was the key driver of returns.

Fees and expenses

Fees %

Entry charge Entry charge

Entry charge

A one-off charge may be taken from your money before it is invested. The charge is usually a percentage of the amount invested and is additional to the price paid for the units/shares. The entry charge is deducted from the investment before units/shares are bought and is also known as the “initial charge”.

 0.00

Exit charge Exit charge

Exit charge

A one-off charge levied on redemption of units/shares before the proceeds of your investment are paid out. This is also known as a “redemption charge”.

 0.00

Ongoing charges Ongoing charges

Ongoing charges

The ongoing charge figure represents the costs you can expect to pay annually based on last year's expenses. The ongoing charges figure is made up of various elements such as the fund management fee, professional fees, audit fees and custody fees. Performance fees (if payable) are not included in this figure.

 0.45

Fund Management fee (included in Ongoing charge) Fund Management fee

Fund Management fee

The management fee is fixed rate charge to cover the costs of managing the investments of the fund. It accrues daily on a percentage of the fund's net asset value and deducted from the fund's assets.

 0.45

Performance fee Performance fee

Performance fee

The percentage of any outperformance of the hurdle rate and/or benchmark that will be taken as a performance fee.

 -

Risks

Investment Risk
The value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested.

Full information on risks applicable to the Fund are in the Prospectus and the Key Investor Information Document (KIID).

Management

  • Company name

    Aviva Investors UK Fund Services Limited

  • Legal structure

    Open Ended Investment Company

  • Head office

    80 Fenchurch Street,
    London,
    United Kingdom,
    EC3M 4AE

  • Ucits

    Yes

Fund managers

Fund manager

Kunal Kothari

Manager start date

19 Feb 2024

Biography

Kunal is responsible for the UK Equity Income strategy and within the UK Equities team also has lead analyst responsibilities for the Consumer Discretionary sector. Prior to joining Aviva Investors, Kunal was a Deputy Fund Manager at Columbia Threadneedle Investments on the CT UK Fund, and lead manager on two segregated mandates. He began his career at Schroders on the Pan Euro Small & Mid Cap equity team and subsequently worked at Santander Asset Management and Merian Global Investors (now Jupiter) on UK All Companies strategies including UK Equity Income, UK Alpha and UK Long/Short. Kunal graduated from the University of Warwick in 2007 with a M.Eng. in Electrical Engineering with First Class Honours and is a CFA Charterholder.

Fund manager

Todd King

Manager start date

1 Jul 2026

Biography

Todd is responsible for UK Equity Stewardship and acts as Lead Analyst for Utilities and Energy in the UK Equities team. Prior to joining Aviva Investors, Todd was a Fund Manager at Columbia Threadneedle Investments, managing the CT UK Opportunities and UK Income funds. He began his career at PwC, where he qualified as a Chartered Accountant, before joining JO Hambro to start his investment career on the UK Opportunities fund. Todd graduated from the University of Bath in 2010 with a BSc in Economics and International Development and is both a CFA and ACA charterholder.

Registered countries

  • United Kingdom

Documents

Important information

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