|CQS New City High Yield Fund
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
CQS New City High Yield Fund Share Discussion Threads
Showing 201 to 224 of 225 messages
|Indeed so long as your aware it trades at a premium to NAV|
my retirement fund
|Divi's OK. Growth ?? More ISA money may change that.|
|Bought in yesterday, for divi and for growth. This is a solid fund with an exceptionally good divi.|
|CQS New City High Yield Fund Limited (ticker symbol NCYF) today announces its third interim dividend of 0.98 pence per share (2016 - 0.97 pence) payable on 31 May 2017 to shareholders on the register on 28 April 2017, having an ex-dividend date of 27 April 2017|
|Announcement due any day now, Plasybryn.|
|Do we go Ex dividend soon please?|
|RED5 - Might also be worth looking City Merchants High Yield (cmhy)...
|I think he meant that the assets held by the fund are bonds (other people's debts).|
NAV is net ASSET value
nothing to do with debt|
|Net Asset Value - the market value of the debt it holds.|
|NAV is what sorry|
|It's a high yield, and pays quarterly. But some of the assets invested in are of fairly low quality. It typically trades a little over NAV.|
|thinking of investing in this company for income what are the up and down sides|
|Has the next dividend been announced yet? Should be late January based on previous dates I think.|
|Nothing, I have been researching alot of I.T's today and there are some crazy nav disc and premium's. They have a way of sorting themselves out by market opening|
|I amm looking at HL site, for NCYF.
NAV has fallen to about 5p.
The premium is shown as over 800%.
|Solarno - Long term bond prices are falling (and may continue to fall if you read the financial press).
Here's performance of several popular US bond index ETFs since mid-year:
iShares iBoxx Investment-Grade Corporate Bond (NYSEARCA:LQD): -3.8%
iShares 7-10 Year Treasury index (NYSEARCA:IEF): -5.8%
Long-Term Treasury bonds (TLT, TLO): -12%
So a move into shorter dated makes sense. It's about capital preservation in the bond market at the moment.|
|I am really disappointed by this but wonder what their reason is
|oops looks like they have been selling valuable high yielding perpetuals for short dated rubbish - also noted from their comment about bond prices performing strong its a pity the same can not been said for their value of their underlying assets at 55p !
examples would be selling Ecclesiastical 8 5/8% perp, Santander
10 3/8% perp well above par and re investing in bonds such as Pizza
Express 8 5/8% 2022, Perform Group 8 1/2% 2024, Altice 7.25% Euro
denominated bonds of 2022 and more of the Altice 7 3/4% Dollar
denominated bonds of 2022. Market anomalies provided a few opportunities
to invest in grossly under-priced bonds such as Tesco Property Finance
7.6227% and Scottish Widows|
my retirement fund
|Plas y Brenin - I remember it well........|
|Thanks hastings. Where did you find that info please?|
|30th xd - payment 28 Nov|