CQS New City High Yield Fund

NCYF · LSE · Financial Services / Asset Management

48.50GBX+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close48.50

Open48.51

Day Range48.10 – 49.20

52-Week Range47.50 – 52.79

Volume2.05M

Market Cap368.87M

P/E (TTM)12.68

Forward P/E0.00

EPS0.04

Dividend Yield8.92%

Beta0.08

50-Day Avg50.66

200-Day Avg50.85

About

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.

Company Details

SectorFinancial Services
IndustryAsset Management
Employees0
Headquarters4th Floor, London, United Kingdom, WC2N 5HR, UK
Websitehttps://www.ncim.co.uk/nc_main2.php

Financials

Income Statement

Currency: GBP	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30

Currency: GBP	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30
Total Revenue	4.67M	-6.50M	22.18M	18.48M	3.30M	18.35M	15.61M	1.91M	2.32M	31.47M	12.46M	8.46M	-13.38M	9.58M	25.99M	24.96M	49.17M	21.05M	32.31M
Growth (%)	-	-239.07%	+441.28%	-16.71%	-82.13%	+455.83%	-14.92%	-87.77%	+21.69%	+1254.80%	-60.40%	-32.11%	-258.20%	+171.55%	+171.44%	-3.99%	+97.01%	-57.19%	+53.53%
Cost of Revenue	-	-	-	-	-	-	0	0	1.91M	2.00M	2.12M	2.51M	2.11M	2.10M	608.00K	1.56M	2.47M	2.35M	2.15M
Gross Profit	4.67M	-6.50M	22.18M	18.48M	3.30M	18.35M	15.61M	1.91M	410.00K	29.48M	10.35M	8.46M	-15.49M	7.48M	7.90M	8.24M	49.17M	18.70M	30.16M
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	17.65%	93.65%	83.03%	100.00%	115.74%	78.07%	30.40%	33.02%	100.00%	88.85%	93.35%
Operating Expense	1.36M	-469.00K	211.00K	229.00K	255.00K	257.00K	376.00K	566.00K	-1.59M	-1.61M	-1.64M	294.00K	-1.96M	-34.83M	2.97M	2.86M	3.23M	1.14M	1.23M
Operating Income	3.32M	-6.03M	21.97M	18.25M	3.05M	18.09M	15.23M	1.34M	2.00M	31.09M	11.99M	8.17M	-13.53M	42.31M	4.93M	5.38M	45.94M	17.56M	28.93M
Operating Margin	70.99%	92.78%	99.05%	98.76%	92.28%	98.60%	97.59%	70.35%	86.18%	98.77%	96.21%	96.52%	101.07%	441.82%	18.97%	21.57%	93.43%	83.45%	89.53%
EBITDA	3.32M	-6.03M	21.97M	18.25M	3.05M	18.09M	15.18M	1.21M	1.93M	30.90M	11.98M	-383.00K	-642.00K	42.31M	4.93M	5.38M	45.94M	17.56M	28.93M
EBITDA Margin	70.99%	92.78%	99.05%	98.76%	92.28%	98.60%	97.23%	63.17%	82.91%	98.17%	96.17%	-4.53%	4.80%	441.82%	18.97%	21.57%	93.43%	83.45%	89.53%
Net Income	1.73M	-7.07M	21.75M	17.99M	2.77M	17.67M	14.77M	802.00K	1.35M	30.54M	11.48M	7.57M	-14.50M	41.57M	4.01M	3.19M	43.42M	17.45M	28.86M
Net Income Margin	37.06%	108.75%	98.07%	97.38%	84.04%	96.30%	94.63%	42.01%	58.03%	97.03%	92.10%	89.47%	108.34%	434.14%	15.42%	12.80%	88.30%	82.94%	89.33%
R&D	-	-	-	-	-	-	-	-	0.09	1.48	0.69	0.55	0.71	4.37	0.17	0.15	-	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	0.00%	0.00%	0.00%	0.00%	-0.00%	0.00%	0.00%	0.00%	-	-	-
Interest Expense	1.43M	849.00K	156.00K	186.00K	209.00K	261.00K	281.00K	277.00K	393.00K	333.00K	376.00K	521.00K	557.00K	433.00K	608.00K	1.56M	2.47M	2.35M	2.15M
Interest Expense % of Total Revenue	30.49%	-13.06%	0.70%	1.01%	6.33%	1.42%	1.80%	14.51%	16.92%	1.06%	3.02%	6.16%	-4.16%	4.52%	2.34%	6.23%	5.03%	11.15%	6.65%

Balance Sheet

Currency: GBP	2000-06-30	2001-06-30	2002-06-30	2003-06-30	2004-06-30	2005-06-30	2006-06-30	2007-07-31	2007-12-31	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30

Currency: GBP	2000-06-30	2001-06-30	2002-06-30	2003-06-30	2004-06-30	2005-06-30	2006-06-30	2007-07-31	2007-12-31	2008-06-30	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30
Total Assets	67.04M	63.85M	36.24M	27.43M	31.51M	30.57M	86.05M	86.05M	85.70M	87.96M	73.75M	91.57M	134.77M	132.34M	162.41M	199.47M	233.13M	224.03M	242.94M	261.23M	263.06M	243.48M	272.48M	271.20M	279.62M	316.78M	343.52M	375.89M
Total Liabilities	26.36M	26.39M	14.55M	8.54M	10.95M	8.51M	17.36M	17.36M	17.07M	16.84M	8.67M	10.33M	14.16M	8.19M	14.56M	17.61M	24.45M	26.21M	25.27M	30.16M	29.93M	37.80M	38.30M	36.21M	39.19M	43.32M	44.74M	40.70M
Total Equity	40.68M	37.45M	21.69M	18.89M	20.57M	22.06M	68.69M	68.69M	68.62M	71.12M	65.08M	81.24M	120.61M	124.15M	147.85M	181.86M	208.68M	197.83M	217.68M	231.07M	233.13M	205.68M	234.18M	234.99M	240.43M	273.46M	298.78M	335.20M
Cash	3.71M	3.77M	1.97M	1.00M	2.74M	571.00K	1.13M	1.13M	4.06M	2.10M	9.21M	53.00K	15.00K	55.00K	777.00K	-	6.22M	8.20M	6.83M	3.85M	5.84M	2.85M	11.43M	3.98M	6.60M	12.35M	10.05M	3.87M
Total Debt	-	-	-	-	-	-	-	-	-	-	8.00M	10.17M	12.93M	7.46M	12.21M	15.36M	23.00M	25.00M	25.00M	28.00M	28.00M	31.00M	33.00M	33.00M	35.00M	35.00M	40.00M	40.00M
Net Debt	-	-	-	-	-	-	-1.13M	-1.13M	-	-2.10M	-1.21M	10.11M	12.91M	7.41M	11.44M	15.36M	16.78M	16.80M	18.17M	24.15M	22.16M	28.15M	21.57M	29.02M	28.40M	22.65M	29.95M	36.13M

Cash Flow

Currency: GBP	2009-06-30	2010-06-30	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30	2024-06-30	2025-06-30	2026-06-30
Operating Cash Flow	6.16M	5.76M	7.96M	9.68M	11.90M	12.09M	13.65M	14.57M	15.76M	15.58M	17.80M	7.61M	20.39M	-3.98M	18.00K	18.59M	-12.87M	-11.78M
Investing Cash Flow	8.52M	-11.84M	-31.83M	-4.91M	-22.01M	-35.52M	-41.04M	-3.38M	-5.68M	-23.69M	-9.92M	-13.07M	2.87M	-24.60M	-20.07M	-5.96M	-38.54M	-
Financing Cash Flow	-7.27M	-3.13M	24.14M	-4.70M	10.78M	22.39M	33.65M	-10.20M	-10.69M	4.92M	-6.02M	-10.50M	-11.78M	-3.52M	2.85M	-12.88M	10.56M	5.40M
Capital Expenditure	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	6.16M	5.76M	7.96M	9.68M	11.90M	12.09M	13.65M	14.57M	15.76M	15.58M	17.80M	7.61M	20.39M	-3.98M	18.00K	18.59M	-12.87M	-11.78M
Dividends Paid	4.98M	5.59M	6.73M	8.35M	9.18M	10.51M	13.31M	15.63M	15.94M	16.86M	18.09M	18.98M	19.45M	20.43M	21.98M	23.86M	25.72M	29.20M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	80.83%	97.08%	84.61%	86.30%	77.14%	86.92%	97.50%	107.30%	101.14%	108.25%	101.65%	249.42%	95.40%	-512.85%	122138.89%	128.36%	-199.84%	-247.95%

Earnings

Report Date	Feb 3, 2016	Nov 8, 2016	Mar 9, 2017	Oct 18, 2017	Mar 26, 2018	Oct 9, 2018	Mar 11, 2019	Oct 8, 2019	Mar 20, 2020	Sep 18, 2020	Feb 26, 2021	Sep 17, 2021	Feb 25, 2022	Sep 16, 2022	Feb 27, 2023	Feb 27, 2025	Sep 18, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	0.00	-	0.00	0.00
EPS Actual	0.00	0.01	0.05	0.03	0.02	0.01	-0.01	0.03	0.02	-0.06	0.04	0.06	0.03	-0.02	0.01	0.02	0.01
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	Pre-market	-	Pre-market	Pre-market	After-hours	Pre-market	After-hours	After-hours	Pre-market	-	Pre-market	After-hours	After-hours	-	-

Key Statistics & Ratios

Market Cap368.87M

Enterprise Value402.82M

Trailing P/E12.68

Forward P/E0.00

PEG Ratio0.00

Price / Sales10.64

Price / Book1.10

EPS0.04

Book Value0.485

Revenue (TTM)34.66M

Gross Profit (TTM)34.66M

Profit Margin83.28%

Operating Margin89.24%

Return on Equity9.11%

Return on Assets5.35%

Shares Outstanding727.55M

Shares Float0

Beta0.08

Dividend Yield8.92%

Dividend Rate0.05

Payout Ratio102.73%

Dividends

20264×

0.01Oct 29, 20260.02Jul 30, 20260.01Apr 30, 20260.01Jan 22, 2026

20254×

0.01Oct 23, 20250.02Jul 31, 20250.01May 1, 20250.01Jan 23, 2025

20244×

0.01Oct 24, 20240.01Aug 1, 20240.01May 2, 20240.01Jan 25, 2024

20234×

0.01Oct 26, 20230.01Jul 27, 20230.01Apr 27, 20230.01Jan 26, 2023

20224×

0.01Oct 27, 20220.01Jul 28, 20220.01Apr 28, 20220.01Jan 27, 2022

20214×

0.01Oct 28, 20210.01Jul 29, 20210.01Apr 29, 20210.01Jan 28, 2021