Annual Overview from QuotedData

CQS New City High Yield Fund - Annual Overview note from QuotedData

17 June 2026

Steady as he goes

CQS New City High Yield Fund (NCYF) continues to focus on delivering high income from a diverse portfolio of higher-yielding credit investments, aiming to protect capital through careful credit selection. Its dividend yield of around 9% remains attractive, especially given ongoing inflation, interest rate changes and geopolitical risks.

Despite recent challenges in credit markets, NCYF's net asset value (NAV) and share price total returns have stayed resilient. The manager transition from Ian "Franco" Francis to Darren Toner is underway. Darren brings 15 years of experience working with Franco and knows NCYF's process and portfolio well. Franco will also remain as a consultant until May 2027, supporting a smooth transition.

Full Research:

https://quoteddata.com/research/cqs-new-city-high-yield-fund-steady-as-he-goes-qd/

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