Scuppered Unilever deal a near disaster for income funds

The collapse of Kraft Heinz’s bid for Unilever was a relief for many investors. Evenlode Income fund manager Hugh Yarrow reveals his thoughts in Portfolio Adviser on why the bid could’ve been a huge problem for income investors, especially for Evenlode, as Unilever is one of the fund’s largest holdings. Hugh states that it would be a great disappointment to permanently lose such a high-quality dividend stream from both the UK market and Evenlode’s universe.