Investment trust
NCYF CQS New City High Yield Fund Ltd GBP
ISIN JE00B1LZS514London Stock Exchange: NCYF
- Investment trusts
- Investment trust
- ISA
- SIPP
Latest close
LSE£0.506
on
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, NCYF (CQS New City High Yield Fund Ltd GBP, ISIN JE00B1LZS514) closed at £0.506 on the London Stock Exchange. Over the five years to 30/09/2026 its price changed by −6.3% (income paid out is not included), or −25.9% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- −3.1%
- −5.7% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +5.1%
- −4.6% after inflation (UK CPIH)
- 5 years to 30/09/2026
- −6.3%
- −25.9% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £937 on 30/09/2026 — about £741 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: Fundology, from recorded daily closes. Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of CQS New City High Yield Fund Ltd GBP in pounds (price only, income paid out not included): 2022 −5.0%, 2023 −4.5%, 2024 +2.0%, 2025 −0.4%; 2026 to 30/09/2026 −1.6%. Returns of CQS New City High Yield Fund Ltd GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −2.3%; to 30/09/2025: −0.8%; to 30/09/2024: +7.0%; to 30/09/2023: −6.2%; to 30/09/2022: −4.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −1.6% | −4.3% | |
| −0.4% | −3.8% | ||
| +2.0% | −1.5% | ||
| −4.5% | −8.3% | ||
| −5.0% | −13.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −2.3% | Not available |
| from | −0.8% | −4.6% |
| from | +7.0% | +4.2% |
| from | −6.2% | −11.8% |
| from | −4.4% | −12.1% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
11.9%over 5 years
| 1 year | 10.2% |
|---|---|
| 3 years | 9.3% |
| 5 years | 11.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −24.6%
- From to
- Lowest 12-month return
- −18.3%
- 12 months to
- Highest 12-month return
- +21.1%
- 12 months to
- Below its highest weekly close since October 2021
- 11.2%
- High of , latest
In words: Volatility of CQS New City High Yield Fund Ltd GBP in pounds, annualised from weekly returns to 30/09/2026: 10.2% over 1 year, 9.3% over 3 years, 11.9% over 5 years. Largest fall in the price of CQS New City High Yield Fund Ltd GBP since October 2021, in pounds: −24.6% from 08/10/2021 to 18/08/2023. The lowest 12-month return of CQS New City High Yield Fund Ltd GBP in pounds (price only, income paid out not included) since January 2021 was −18.3% (12 months to 18/08/2023); the highest was +21.1% (12 months to 12/07/2024). On 30/09/2026 the price of CQS New City High Yield Fund Ltd GBP was 11.2% below its highest weekly close since October 2021 (08/10/2021), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
In plain English
CQS New City High Yield Fund Ltd GBP is an investment trust.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Investment trusts: Companies on the stock exchange that invest in other assets. Their share price can be above or below the value of what they own.
Key facts
- Ticker
- NCYF
- ISIN
- JE00B1LZS514
- Structure
- Investment trust
- A company listed on the stock exchange that invests in other assets; its price can differ from the value of what it holds.
- Domicile
- United Kingdom
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Investment trusts
Price chart
Since 31/07/2026, the closing price went from £0.504 on 31/07/2026 to £0.506 on 30/09/2026 (+0.4%). The lowest close shown was £0.503 on 11/09/2026 and the highest £0.507 on 21/08/2026.
Chart: closing prices we have recorded since 31/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since October 2021, in pounds, with how many weeks it took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI World UCITS ETF, over the three years to 30/09/2026 (151 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ISIN of NCYF?
The ISIN of NCYF is JE00B1LZS514. An ISIN identifies one exact share class of a fund; NCYF is its ticker on the London Stock Exchange.
What were NCYF’s returns in each of the last five years?
Calendar-year returns of NCYF in pounds (price only, income paid out not included): 2022 −5.0%, 2023 −4.5%, 2024 +2.0%, 2025 −0.4%; 2026 to 30/09/2026 −1.6%. Past performance is not a guide to future returns.
How has NCYF done after inflation?
Over the five years to 30/09/2026 NCYF’s price changed by −6.3% (income paid out is not included), or −25.9% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- AGTAVI Global Trust PLC GBP
- AJOTAVI Japan Opportunity Trust Plc
- AASAberdeen Asia Focus PLC
- AAIFAberdeen Asian Income Fund Limited
- AEIAberdeen Equity Income Trust PLC GBP
- ANIIAberdeen New India Investment Trust PLC GBP
- AUSCAberdeen UK Smaller Companies Growth Trust plc GBP
- AGVIAberforth Geared Value & Income Trust PLC
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- Fundology, from recorded closes
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
Methodology:Data sourcesReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.