New City High Yield Fund Ltd : Dividend Declara...

To:                    THOMSON REUTERS
From:                New City High Yield Fund Limited
Date:                 18 April 2012

New City High Yield Fund Limited
("the Company")

Third Interim Dividend

New City High Yield Fund Limited (ticker symbol NCYF) today announces a third interim dividend of 0.88 pence per share payable on 25 May 2012 to shareholders on the register on 27 April 2012, having an ex-dividend date of 25 April 2012.

The payment of 0.88 pence per share represents a 3.5% increase on the 0.85 pence per share paid in respect of the same period last year.

For further information please contact:

Ian Francis
New City Investment Managers
0207 201 5366

Beth Harris                                                     
Threadneedle Communications
0207 653 9850

Note to Editors:

New City High Yield is managed by Ian Francis of New City Investment Managers.

The investment objective of the Company is to provide a high gross dividend yield and the potential for capital growth by investing mainly in high yielding fixed interest securities.

If you would like to receive the monthly factsheet on New City High Yield Fund Limited or any of the other New City Investment Managers' funds please email [e-mail]               

Please see the below table for the Company's ordinary share and NAV performance over a 7 year period:

 

	1 Month %	3 Months %	12 Months %	3 Years %	5 Years %	From 29/10/04 %
Fund NAV*	+0.60	+8.01	+3.50	+79.64	+49.95	+96.69
Share Price*	-0.81	+8.62	+4.03	+91.62	+51.33	+119.69

 

 

*Total return performance based on bid prices/Source: R&H Fund Services Limited.
Data correct as at 31 March 2012.

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The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: New City High Yield Fund Ltd via Thomson Reuters ONE

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