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CQS New City High Yield FundLSE:NCYF -0.20%37 5-Year Yield-on-Cost % is 8.93 as of Aug. 20, 2026, which is 5% above its 10-year median of 8.52. GuruFocus rates LSE:NCYF with a GF Score™ of 37/100 and a GF Value™ of £0.58 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,108 Asset Management companies, CQS New City High Yield Fund ranks better than 67.15% on this metric.
The historical rank and industry rank for CQS New City High Yield Fund's 5-Year Yield-on-Cost % or its related term are showing as below:
LSE:NCYF'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.96 Med: 8.52 Max: 12.33
Current: 8.93
During the past 13 years, CQS New City High Yield Fund's highest Yield on Cost was 12.33. The lowest was 6.96. And the median was 8.52.
LSE:NCYF's 5-Year Yield-on-Cost % is ranked better than 67.15% of 1108
companies
in the Asset Management industry
Industry Median: 6.33
vs LSE:NCYF: 8.93
CQS New City High Yield Fund (LSE:NCYF) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
CQS New City High Yield Fund 5-Year Yield-on-Cost % Related Terms
LSE:NCYF vs BLK, BX, KKR: 5-Year Yield-on-Cost % Comparison
For the Asset Management subindustry, CQS New City High Yield Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CQS New City High Yield Fund 5-Year Yield-on-Cost % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, CQS New City High Yield Fund's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where CQS New City High Yield Fund's 5-Year Yield-on-Cost % falls into.
CQS New City High Yield Fund 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
CQS New City High Yield Fund (LSE:NCYF) has a 5-Year Yield-on-Cost % of 8.93 as of Aug. 20, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on CQS New City High Yield Fund and its competitors. This is near median its historical median of 8.52. Over the past decade, CQS New City High Yield Fund's 5-Year Yield-on-Cost % has ranged from 6.96 to 12.33. According to the industry distribution chart, CQS New City High Yield Fund ranks #364 out of 1108 companies in the Asset Management industry, placing it in the top 32.9%.
Is CQS New City High Yield Fund's 5-Year Yield-on-Cost % too high?
CQS New City High Yield Fund's current 5-Year Yield-on-Cost % of 8.93 is near median its 10-year median of 8.52. Over the past 10 years, this metric has ranged from a low of 6.96 to a high of 12.33. The Asset Management industry median 5-Year Yield-on-Cost % is 6.33. CQS New City High Yield Fund's value of 8.93 is 41.1% above this industry median. Based on the distribution chart, CQS New City High Yield Fund ranks #364 out of 1108 companies in the Asset Management industry, which is above the industry midpoint. Overall, CQS New City High Yield Fund has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CQS New City High Yield Fund's 5-Year Yield-on-Cost % compare to BLK and BX?
According to the Asset Management industry distribution chart, CQS New City High Yield Fund ranks #364 out of 1108 companies for 5-Year Yield-on-Cost %. This puts CQS New City High Yield Fund in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 6.33. CQS New City High Yield Fund's value of 8.93 is 41.1% above this benchmark. Historically, CQS New City High Yield Fund's own 5-Year Yield-on-Cost % has ranged from 6.96 to 12.33 over the past decade. While the company's 10-year median is 8.52 vs. the industry median of 6.33, CQS New City High Yield Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for an Asset Management company?
The median 5-Year Yield-on-Cost % among Asset Management companies is 6.33, based on 1,108 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CQS New City High Yield Fund's current 5-Year Yield-on-Cost % of 8.93 is 41.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on CQS New City High Yield Fund and its competitors. For the Asset Management industry, the median 5-Year Yield-on-Cost % is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CQS New City High Yield Fund's current 5-Year Yield-on-Cost % is 8.93, which is near median its own 10-year median of 8.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CQS New City High Yield Fund stock overvalued right now?
Based on GuruFocus' analysis, CQS New City High Yield Fund (LSE:NCYF) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.58, compared to a current price of £0.51 — trading 12.9% below its estimated fair value. The current 5-Year Yield-on-Cost % is 8.93, which is near median its 10-year median of 8.52 and 41.1% above the Asset Management industry median of 6.33. CQS New City High Yield Fund's overall GF Score™ is 37/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For CQS New City High Yield Fund (LSE:NCYF), the current 5-Year Yield-on-Cost % is 8.93 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CQS New City High Yield Fund (LSE:NCYF) Overvalued in 2026?
Based on GuruFocus' analysis, CQS New City High Yield Fund stock appears to be undervalued.
The current stock price of £0.51 is trading 12.9% below its estimated GF Value™ of £0.58.
GuruFocus considers CQS New City High Yield Fund to be Modestly Undervalued.
Key valuation signals for LSE:NCYF:
5-Year Yield-on-Cost %: 8.93 (near median its 10-year median of 8.52)
GF Value™: £0.58 vs. price of £0.51 (12.9% below fair value)
Industry Position: 41.1% above the Asset Management median (#364 of 1108)
No single metric tells the full story. See the LSE:NCYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CQS New City High Yield Fund Ltd is a Jersey-based closed-ended investment company that prominently invests in high-yield fixed income securities. Its portfolio includes preference shares, loan stocks, corporate bonds (convertible and redeemable), and government stocks. The company seeks to provide investors with a high gross dividend yield and potential capital growth. Investments are diversified across various sectors such as financials, energy, industrials, consumer discretionary, and real estate, with holdings majorly in the United Kingdom and Europe. Revenue is generated mainly from income on its investment portfolio.
37GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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