The City of London Investment Trust plc (CYLTF)
The City of London Investment Trust plc operates in the Financial - Conglomerates industry of the Financial Services sector, headquartered in London, GB. The stock last traded at $7.56, up 59.49% on the session, giving a market capitalisation of $3.90B. On trailing twelve-month figures it carries a trailing P/E of 5.01, a net margin of 115.7%. Its beta of 0.60 implies it has historically moved less than the broad market.
The City of London Investment Trust plc is a closed-ended equity fund primarily managed by Henderson Investment Funds Limited, with co-management provided by Henderson Global Investors Limited. This UK-domiciled trust, established in 1860 and formerly known as TR City of London Trust PLC, focuses its investments on publicly traded companies within the United Kingdom. It diversifies its portfolio across various sectors, with a particular emphasis on growth-oriented businesses that consistently pay dividends. The selection process involves fundamental analysis, prioritizing companies with strong balance sheets, robust cash flow generation, and substantial upside potential. The fund's performance is benchmarked against the size-weighted average of the AIC UK Growth & Income sector.
The City of London Investment Trust plc is most often compared with the following Financial Services names: