Fact sheet: City MerchantsHiYdTstLtd

Fund information

Fund name
City Merchants High Yield Trust Limited
Fund company manager
Invesco Asset Management
Fund type
ITR
Fund manager(s)
Rhys Davies
since 16/05/2016
Paul Causer
since 01/08/2003
Paul Read
since 08/04/2003
Fund objective
The Company’s investment objective is to seek to obtain both high income and capital growth from investment, predominantly in high-yielding fixed-interest securities.
Benchmark
FTSE All Share TR
Investment style
Cautious
Investment method
-

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

11.68 %

1 Year rank in sector

5/7

Sector

IT UK Equity & Bond Income

Yield

4.9969

Fund size

£ 189.5 m

FE Risk score

46

NAV

196.83

Discount/Premium

+1.674

Gearing

100

Top in sector

Holdings snapshot

  • B
    32%
  • BB
    31.8%
  • BBB
    14.6%
  • Non-Rated
    9.6%
  • CCC
    4.7%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.84 %6.36 %11.68 %29.6 %58.3 %
Sector2.75 %9.27 %20.32 %44.9 %95.01 %
Rank within sector5 / 74 / 75 / 76 / 76 / 7
Quartile th3 rd3 rd3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund8.86 %13.24 %2.66 %5.11 %13.74 %
Sector17.25 %7.29 %11.14 %-1.52 %35.34 %
Rank within sector6 / 73 / 76 / 74 / 76 / 7
Quartile th4 th2 nd4 th3 rd4 th

Risk statistics

Alpha2.66
Beta0.52
Sharpe0.84
Volatility5.54
Tracking error5.28
Information ratio-0.41
R-Squared0.55

Price movement

52 week high201
52 week low184.52
Current bid price200
Current offer price200.25
Current mid price200.125

Holdings by region

-

Holdings by sector

  • 32% B
  • 31.8% BB
  • 14.6% BBB
  • 9.6% Non-Rated
  • 4.7% CCC
  • 2.4% A
  • 2.3% AAA
  • 2.3% Money Market
  • 0.3% D

Holdings by asset type

-

Individual holdings

-