BMO UK High Income Trust PLC, formerly F&C UK High Income Trust plc, is a United Kingdom-based investment trust. The Company's investment objective is to provide an attractive return to shareholders each year in the form of dividends and/or capital repayments, together with prospects for capital growth. The Company’s portfolio is managed in two parts: an Equities Portfolio and a Higher Yield portfolio. The Equities Portfolio represents the Company’s assets and is invested in the United Kingdom large and mid-sized companies while the higher Yield portfolio is invested in predominantly investment grade corporate bonds (both investment grade and non-investment grade) but may also be invested in other higher yielding securities. The Company invests in various sectors, such as oil and gas, basic materials, industrials, consumer goods, healthcare, consumer services, telecommunications, utilities, financials and technology. F&C Investment Business Limited is the manager of the Company.