City Merchants High Yield (Ordinary Share) CMHY

UK High Income

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Estimated NAV

193.00

Share Price

197.50

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
City Merchants High Yield (Ordinary Share) Price 23.29%
City Merchants High Yield (Ordinary Share) NAV 24.89%
FTSE 350 High Yield 21.09%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 197.0 2.0% 193.00 193.00
19 Jul
100% 5.08%

Discrete performance % over

Fund / BenchmarkAug '14
Jul '15
Aug '15
Jul '16
Aug '16
Jul '17
City Merchants High Yield (Ordinary Share) Price3.675.7512.46
City Merchants High Yield (Ordinary Share) NAV4.034.9314.42
FTSE 350 High Yield-1.065.2616.27

Discrete performance over

Discrete Performance

Top 10 Holdings

Aviva 6.125% Perpetual,8.875% Preference 4.95%
Lloyds Banking Group 7.875% Perpetual,7% 4.95%
Intesa 8.375% FRN Perp 3.12%
Telefonica Europe 6.75%&5.875%&4.9% 2017 2.91%
Societe General 8.875% FRN,8.25%,7.875% 2.80%
US Treasury 2.5% 15 Feb 2046 2.69%
Credit Agricole,7.589%&8.125%FRN,7.5%Var 2.58%
STANDARD CHARTERED 5.7% 2044,5.125% 2034 2.37%
SFR 7.375% 01 May 2026 (SNR) 2.26%
Santos Fin 8.25% 2070 2.26%

Sectors weighting

Fixed Interest 89.50%
Net Current Assets 7.10%
General Equity 3.30%

Regional weighting

Fixed Interest 89.00%
Cash/Cash Equivalent 8.00%
UK 3.00%
  • Investment trust info:

  • Sector UK High Income
  • Launch Date 31 May 1991
  • Currency GBX
  • Domicile Jersey
  • Share Price 197.50
  • Share Type Ordinary Share
  • TIDM CMHY
  • ISIN JE00B6RMDP68
  • Shares Issued (M) 94
  • Market Capital (£M) 186.10
  • Gross Assets (£M) 182.38
  • Net Assets (£M) 182.38
  • TER (%) 1.01
  • Historic Dividend Yield (%) 5.08
  • Last AGM 14 Jun 2017
  • Next AGM 14 Jun 2018
  • Last Annual Report Date 29 May 2017
  • Next due Report Date 30 Jun 2015
  • Next due Report Type I/R
  • Objective:

    To seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed interest securities.

  • Management Group(s):

  • INVESCO Asset Management
  • INVESCO Asset Management Ltd
  • Invesco Asset Management Ltd
  • Invesco Fund Managers Limited
  • Invesco Fund Managers Limited
  • Managed by:

  • Paul Causer Start: 01 May 2003
  • Paul Read Start: 01 May 2003
  • Rhys Davies Start: 03 Jul 2014
  • Management Contract & Fees:

    The Manager receives a fee, payable quarterly in arrears, equal to 0.1875% of the value of the Company's total assets under management less current liabilities at the end of the relevant quarter. The agreement is terminable on 3 months' prior written notice, or earlier in the event of a material breach or insolvency of either party.