Net Asset Value(s)

City Merchants High Yield Trust Limited (CMHY)                                                
                                                                                              
As at close of business on 16-April-2021                                                      
                                                                                              
NAV per Ordinary share (unaudited) with Debt at Par & Fair Value                              
                                                                                              
EXCLUDING undistributed current year revenue                                        194.03p   
                                                                                              
INCLUDING current year revenue                                                      197.06p   
                                                                                              
Amount of borrowings outstanding under repo contracts:                              GBP13.42m 
                                                                                              
Net borrowing level:                                                                2%        
                                                                                              
LEI: 549300JLX6ELWUZXCX14