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City Merchants High Yield Trust Ltd.
Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices United Kingdom
London Stock Exchange: CMHY
Company Description
City Merchants High Yield Trust Ltd. is a closed end investment trust. The company's objective is to seek to obtain both high income and capital growth from investment predominantly in high-yielding fixed-interest securities. It focuses on providing high level of dividend income relative to prevailing interest rates through investment in fixed-interest securities, various equity-like securities within fixed-income markets and equity-linked securities, which includes convertible bonds and direct equities. The company was founded on December 19, 2011 and is headquartered in St. Helier, the United Kingdom.
Similar to: Aberdeen Latin American Income Fund Ltd., John Hancock Preferred Income Fund III, BlackRock MuniYield Insured Investment Fund
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