The Aviva Investors US Equity Income Fund II follows the Dividend All-Cap Value II Strategy, investing within a subset of North American equities that yield in excess of 2%. The fund does not solely focus on large-cap value companies to produce an income and instead attempts to fund value further down the market capitalisation spectrum. These companies will typically be well-managed, financially strong and generate predictable and sustainable cash flows.
We like the fund as it consistently produces a competitive yield compared to peers, and is managed by an extremely experienced team based in Kentucky, US. We believe the fund differentiates itself from other US equity income funds by investing in small and mid-sized companies in addition to large-cap value plays.