UK equity income funds managed by Fidelity, Columbia Threadneedle and Premier have delivered some of the most consistent outperformance of their sector over recent years but the best, according to in-depth research by FE Trustnet, is a fund due to leave the peer group. 
Earlier this month we ran a series of strict filters on the IA UK All Companies sector to rank funds for their total returns, capital preservation and ability to capture market upside over the five years to the end of 2015. CF Lindsell Train UK Equity came out on top, followed by Neptune UK Mid Cap and Royal London Sustainable Leaders Trust.
In the next gallery of the series, we’ve turned our attention to the IA UK Equity Income sector. To recap, we’ve looked at the decile rankings for funds for the cumulative five-year returns up to the end of 2015 as well as the annual returns of 2015, 2014 and 2013, annualised volatility, maximum drawdown, downside capture, alpha generation, Sharpe ratio and upside capture.
We then added up the 10 decile rankings for each fund in the sector to give a simple score, where a 10 shows a fund has been first decile in each metric and a 100 would indicate 10th decile performance in each.
None of the 83 funds in the sector have a perfect score, but some have come close. In the following gallery, we take a closer look at five of the UK equity income funds coming out on top after the above metrics are considered, as well as revealing the top 20 funds in the sector.
