The natural resources investment trust has benefitted from the increase in commodity prices with the surge in earnings supporting a bumper yield of six percent.
The UK stock market has been out of favour for years and looks cheap relative to many of its overseas peers.
The terrible events in Ukraine and the economic sanctions imposed in response have caused widespread disruption that is being reflected in the financial markets.
The crisis in the Ukraine is obviously dreadful for all those caught up in it, yet the retaliatory sanctions imposed by the west are also having a major impact on retail investors with money in Russia.
Yields are generally still pretty low right across the board, but there are two investment trusts with recent buy recommendations that are both paying a sustainable income of seven percent.
If Russia takes control of gas prices in Europe as part of its battle with the West over the Ukraine then the wind farm operator Greencoat UK Wind could be a huge beneficiary.
The decision by the singer Neil Young to remove his material from Spotify has sparked a sell-off at the music royalties trust Hipgnosis Songs, but it is possible that the weakness has created a buying opportunity.
There are a handful of investment trusts that are trading on unaccountably wide discounts despite recent strong performance, which leaves them well placed to be re-rated.
The key issue that is likely to dominate the markets this year is inflation and the degree to which policy makers are able to respond to it.
The small-cap value oriented investment trust has benefitted from the rotation in favour of cyclicals, yet the shares are still available at a wider than normal discount to NAV of 12%.
