Ten income funds that beat the market last year

Funds in the UK Equity Income sector managed to take advantage of this stellar dividend growth, with yields increasing on average by 11.3% in 2011, according to Morningstar. However, a number of funds were ahead of the rest in growing their yields last year, albeit from a low base for some in 2010. Some benefitted from larger positions in the UK's biggest dividend payers, while others received a boost from exposure to less obvious names. Top of the pile is the Unicorn UK Income fund, run by John McClure, who has raised the fund's yield by 59% over the past year, despite not having any...