United Capital Stable Income Fund

The United Capital Stable Income Fund stands out as one of the largest and best-performing fixed income funds in Nigeria right now. With a Net Asset Value (NAV) of ₦57.94B, it ranks #3 of 42 funds in the Fixed Income / Bond Funds category and #23 of 222 across all fund types. Its Week-to-Date (WTD) yield of 0.28% is well above the median WTD yield of 0.16% for its category, meaning it is currently generating returns at nearly double the pace of the typical peer fund. Its Year-to-Date (YTD) yield of 15.42% reinforces this as a consistently strong performer over a longer stretch of time, not just a one-week spike.

Looking at the fund's recent history provides useful context. The NAV climbed from ₦58.02B in early June 2026 to a peak of ₦58.49B on 19 June 2026, before easing back to ₦57.94B by 3 July 2026. This slight dip in NAV does not necessarily signal trouble. In fixed income funds, the NAV, which is the total value of everything the fund holds divided by the number of units, can move up and down modestly as bonds mature, interest is paid out, or new money enters and leaves the fund. The WTD yield has remained in a tight range between 0.24% and 0.32% over the past month, suggesting stable income generation. The fund currently serves 1,763 unitholders, a relatively concentrated investor base for a fund of this size.