City Lon Inv Share Price (CLIG)

CLIG is technically an investment group/asset manager, not a typical investment trust or closed-end fund with regular NAV publications. Its share price reflects the market’s view of the business’s earnings, assets and prospects rather than a simple NAV of underlying fund holdings.

Hi, does anyone have a recent NAV for CLIG, I'm struggling to find one online.

Thanks in advance.

ATB

Any idea why an UT at 393? SP not been anywhere near that!

Trek

In answer to my own question, I found this:

"On 16 September 2025, the Company announced its Annual Report and Financial Statements for the year ended 30 June 2025 (the 2025 Annual Report). Following the announcement, CLIG has revised language in the Chairman's Statement by replacing the following paragraph from the section entitled "Happy fifth anniversary! Our dream merger with Karpus Investment Management" on page 6:

"George Karpus had a dream as an entrepreneur and in 1986 embarked on his lifetime's passion. At the same time, Barry Olliff was planning and establishing Olliff & Partners, the predecessor firm to City of London Investment Group. George and Barry pursued and fulfilled their dreams over nearly four decades - passionately leading their teams, growing their firms and providing strong returns for clients. Five years into our relationship, I can say with confidence that our CLIM and KIM merger made good sense and added considerable expertise and value to CLIG. We draw confidence from this successful integration. While Barry Olliff and George Karpus are officially retired, we are fortunate that their teachings and philosophies are alive and well at CLIG - and both Barry and George remain strong supporters of our teams."

The paragraph has been amended from the Company's RNS announcement on 16 September 2025 following consultation with Barry Olliff, on the basis that it does not reflect his current view in relation to the Company. The revised language in the Chairman's Statement therefore now reads as follows:

"George Karpus had a dream as an entrepreneur and in 1986 embarked on his lifetime's passion. In 1991, City of London Investment Group was established. Our teams pursued and fulfilled their dreams ‐ growing the firms and providing strong returns for clients. Five years into our relationship, I can say with confidence that our CLIM and KIM merger made good sense and added considerable expertise and value to CLIG. We draw confidence from this successful integration."

Whitelye, have you seen anything more about BO's commentary on the accounts. I would have thought it would be delivered fairly quickly, but I can't see anything.

The share price has dropped c.50p (including the 22 ex-div). The spread is always wide so be careful with numbers, but that's more than usual I would say. If BO is "clarifying" his position, is this acting as a drag?