Acorn Income Fund Ltd. is a closed-ended investment trust company, which engages in the provision of its shareholders with a high income and opportunity for capital growth. It operates through the Income Portfolio and the Smaller Companies Portfolio segments. The Income Portfolio segment maximizes income through investments in sterling denominated fixed interest securities including corporate bonds, preference and permanent interest bearing shares, convertibles, reverse convertibles, debentures and other similar securities. The Smaller Companies Portfolio segment focuses to maximize income and capital growth through investments in smaller capitalized UK companies. The company was founded on January 5, 1999 and is headquartered in St. Peter Port, Guernsey.