How to invest £20,000 in a Stocks and Shares ISA to target a 9.21% dividend yield

A guide focused on income investing argues that a Stocks and Shares ISA could help target a 9.21% dividend yield using the Henderson Far East Income investment trust (LSE:HFEL). Dated 3 October, it notes that dividends and capital gains inside an ISA can be tax-free, while also warning that tax treatment depends on individual circumstances and may change. The piece says the trust has grown its annual dividend every year since its December 2006 listing, and that a falling share price has pushed the current yield to 9.21%. It estimates that a £20,000 investment could generate £1,842 in dividends over 12 months if maintained. The article describes the trust’s Asia Pacific focus, with Hong Kong at 25.9% exposure, and cites potential risks including non-guaranteed dividends, slower payout growth, and geopolitical exposure tied to tariffs and Taiwan.