Gresham House Income & Growth VCT plc

formerly The Income & Growth VCT plc

formerly The Income & Growth VCT plc

Welcome to the webpage of Gresham House Income & Growth VCT plc (LSE: GHV1), formerly The Income & Growth VCT plc (which merged with Mobeus Income & Growth 4 VCT plc in July 2024).

    The objective of Gresham House Income and Growth VCT plc (the Company) is to provide investors with an attractive return by maximising the stream of tax-free dividend distributions from the income and capital gains generated by a diverse and carefully selected portfolio of investments, while continuing at all times to qualify as a VCT.

    The Company invests primarily in a diverse portfolio of UK unquoted companies. Investments are made selectively across a number of sectors, principally in established companies. The Board has a target of paying an annual dividend of 7% of opening net asset value (“NAV”) per share in respect of each financial year.

    Read our H1 2025 insights

    Image credit: CitySwift, portfolio company

    Gresham House has one of the largest VCT teams in the sector providing coverage, experience, contacts and know-how to access more and higher quality investment opportunities.

    The breadth and depth of resource in portfolio and talent management assists the Gresham House VCTs’ existing portfolio companies to grow successfully. This is supported by the infrastructure and resources of the Gresham House Group.

    Recent investment highlights

    Fund performance

    Latest published valuation Net assets
    (£mn)
    Net asset value
    (pence per share)
    Total dividends paid
    (pence per share)
    NAV cumulative total return
    (pence per share)
    31/03/2025 211.8 65.40 168 233.4

    Reviewing the performance of your investment:

    Use the below table to see how your investment has performed (including the dividends you have received) from the date on which your shares were allotted.

    Want to sell back your shares?

    In order to provide liquidity to shareholders, the VCT operates a share buyback policy, subject to regulatory and liquidity constraints.

    To support this process, Redmayne Bentley LLP, an FCA authorised stockbroker, are able to facilitate the buy back process through a dedicated online form which investors can initiate a sale of their shares back to the VCT.

    Use of this service is entirely optional. Investors may instead choose to sell their shares through their existing stockbroker or any other FCA-authorised firm, including execution-only platforms.

    For more details, including current buyback pricing and settlement information, please refer to the VCT’s Share Buyback Policy or contact the Company’s administrator.

    Online form

    Key risks

    • The value of the Company and the income from it is not guaranteed and may fall as well as rise
    • As your capital is at risk you may get back less than you originally invested
    • Past performance is not a reliable indicator of future performance
    • Any tax reliefs are dependent on your individual circumstances and may be subject to change
    • Funds investing in smaller, younger companies may carry a higher degree of risk than funds investing in larger, more established companies
    • Investments in smaller companies may be less liquid than investments in larger companies

    Image credit: OnSecurity, portfolio company

    Board

    Investment team