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IN BRIEF: CQS New City High Yield net asset value rises over year

17th Sep 2021 16:04

CQS New City High Yield Fund Ltd - investor in high-yield fixed interest securities - As at June 30, net asset value per share was up 11% at 52.62 pence from 47.52p the same date the year before. For the year, NAV total return was 21.4% compared to a negative return of 6.2%.

Declares dividend of 4.47 pence per share, up 0.2% from 4.46p the prior year.

Current stock price: 55.70 pence

Year-to-date change: up 7.9%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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