CQS New City High Yield Fund Limited

CQS New City High Yield Fund Limitedverified

NCYF.L

Price:

$52.4

Market Cap:

$293.99M

CQS New City High Yield Fund Limited is a close ended fixed income mutual fund launched by CQS Asset Management Ltd. The fund is managed by CQS (UK) LLP. It invests in fixed income markets. The fund primarily invests in fixed income securities such as corporate and government bonds, loan stocks, and high yielding bonds. It uses a value approach to create its portfolio. The fund was formerly known as New City High Yield Fund Limited. CQS New City High Yield Fund Limited was formed in October 2004 and is domiciled in the Channel Islands.[Read more]

Industry

Asset Management

IPO Date

2004-12-09

Stock Exchange

LSE

Ticker

NCYF.L

The ROE as of September 2024 (TTM) for CQS New City High Yield Fund Limited (NCYF.L) is 10.88%

According to CQS New City High Yield Fund Limited’s latest financial reports and current stock price. The company's current ROE is 10.88%. This represents a change of 315.01% compared to the average of 2.62% of the last 4 quarters.

CQS New City High Yield Fund Limited (NCYF.L) Historical ROE (quarterly & annually)

How has NCYF.L ROE performed in the past?

The mean historical ROE of CQS New City High Yield Fund Limited over the last ten years is 4.52%. The current 10.88% ROE has changed 140.82% with respect to the historical average. Over the past ten years (40 quarters), NCYF.L's ROE was at its highest in in the June 2021 quarter at 10.68%. The ROE was at its lowest in in the June 2020 quarter at -12.10%.

Quarterly (TTM)
Annual

Average

4.52%

Median

2.48%

Minimum

-7.05%

Maximum

17.75%

CQS New City High Yield Fund Limited (NCYF.L) ROE by Quarter and Year

Discovering the peaks and valleys of CQS New City High Yield Fund Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.96%

Maximum Annual ROE = 17.75%

Minimum Annual Increase = -351.82%

Minimum Annual ROE = -7.05%

Quarterly (TTM)
Annual
YearROEChange
20231.33%-22.07%
20221.71%-90.39%
202117.75%-351.82%
2020-7.05%-317.14%
20193.25%-34.63%
20184.97%-64.60%
201714.03%1.96%
20160.68%77.30%
20150.38%-95.27%
20148.12%-32.04%

CQS New City High Yield Fund Limited (NCYF.L) Average ROE

How has NCYF.L ROE performed in the past?

The current ROE of CQS New City High Yield Fund Limited (NCYF.L) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.93%

5-year avg

3.40%

10-year avg

4.52%

CQS New City High Yield Fund Limited (NCYF.L) ROE vs. Peers

How is NCYF.L’s ROE compared to its peers?

CQS New City High Yield Fund Limited’s ROE is greater than Henderson Far East Income Limited (-4.25%), less than European Assets Trust PLC (15.57%), less than Henderson High Income Trust plc (14.74%), less than Henderson Diversified Income Trust plc (0.91%), less than The Merchants Trust Plc (15.76%),

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