City Merchants High Yield (Ordinary Share) CMHY

UK High Income

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Estimated NAV

182.00

Share Price

185.99

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
City Merchants High Yield (Ordinary Share) Price 29.00%
City Merchants High Yield (Ordinary Share) NAV 21.36%
FTSE 350 High Yield 12.02%
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 185.9 2.4% 182.00 182.00
27 Jul
100% 5.38%

Discrete performance % over

Fund / BenchmarkAug '13
Jul '14
Aug '14
Jul '15
Aug '15
Jul '16
City Merchants High Yield (Ordinary Share) Price17.372.956.75
City Merchants High Yield (Ordinary Share) NAV10.033.926.13
FTSE 350 High Yield8.26-5.219.17

Discrete performance over

Discrete Performance

Top 10 Holdings

US Treasury 2.5% 15 Feb 2046 6.10%
Lloyds Banking Group 7.875% Perpetual,7% 4.30%
Aviva 6.125% Perpetual,8.875% Preference 3.40%
Societe Generale 8.875% FRN Perp 2.80%
Telefonica Europe 5.875% & 6.75% Pe 2.60%
Intesa Sanpaolo 8.375% FRN Perp 2.50%
Credit Agricole 7.589% & 8.125% 2.40%
STANDARD CHARTERED 5.7% 2044,5.125% 2034 2.10%
General Motors Wts 10 Jul 2019 2.00%
Twinkle Pizza 8.625% 2022, 6.625% 2021 1.90%

Sectors weighting

Fixed Interest 93.50%
General Equity 5.50%
UK Listed 3.50%
International Equities 2.00%
Cash/Cash Equivalent 1.00%
Net Current Assets 1.00%

Regional weighting

Fixed Interest 93.00%
UK 4.00%
North America Region 2.00%
Cash/Cash Equivalent 1.00%
  • Investment trust info:

  • Sector UK High Income
  • Launch Date 31 May 1991
  • Currency GBX
  • Domicile Jersey
  • Share Price 185.99
  • Share Type Ordinary Share
  • TIDM CMHY
  • ISIN JE00B6RMDP68
  • Shares Issued (M) 89
  • Market Capital (£M) 165.73
  • Gross Assets (£M) 161.86
  • Net Assets (£M) 161.86
  • TER (%) 1.03
  • Historic Dividend Yield (%) 5.38
  • Last AGM 14 Jun 2016
  • Next AGM 14 Jun 2017
  • Last Annual Report Date 15 Apr 2016
  • 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.