CT UK Capital and Income Investment Trust changes name

CT UK Capital and Income Investment Trust has undergone a name change, effective October 16, 2026. The trust, now known as CT Progressive Income PLC, announced the rebranding in a press release. The Board of Directors approved the change, citing a desire to better reflect the company's dual focus on generating growing income for shareholders and delivering capital growth.

The company has a strong track record of increasing dividends annually since its inception in 1992, earning recognition as a Dividend Hero by the Association of Investment Companies. The Board intends to continue raising the total annual dividend per share each year, aiming for increases that outpace the UK Consumer Price Index inflation rate, measured on September 30 of each year.

The name change does not alter the trust's investment objectives or policy. It remains committed to seeking long-term capital and income growth from a portfolio of primarily UK-listed companies. Dominic Younger, from Columbia Threadneedle Investments, remains as Fund Manager. Nicky McCabe, Chair of the trust, highlighted the company's strong record of delivering rising dividends while also targeting capital growth over the past three decades.

The share trading name has changed to CTUK on the London Stock Exchange, with the ISIN (GB0003463287), SEDOL (0346328), and LEI (21380052ETTRKV2A6Y19) remaining unchanged. The company's website address will be updated to ctprogressiveincome.co.uk. Existing share certificates remain valid, and shareholders are not required to take any action.