There are plenty of economic losers from the pandemic, amongst whom those living off an income shouldn’t be forgotten. Even before the pandemic, the macro-economic winds were moving against them, as ever-declining interest rates and anaemic growth continued to push yields lower and lower. COVID-19 has only worsened the situation, as central banks pump even more money into the economy and some of even the most stalwart dividend payers have been forced to cut pay-outs. This requires income investors to become more creative. As we discuss below, investment trusts have a number of unique features which have helped them through the short-term income drought and should serve them well if, as we fear, the medium-term outlook for income investors is also likely to be troubled..