CQS New City High Yield | Research

The number of trusts waiting in the wings to become official Association of Investment Companies' 'dividend heroes' grows by seven despite the trauma of last year's dividend crisis.

The debt fund sector is shrinking due to poor performance and underwriting, but RM Secured Lending is among a handful pulling through last year's gruelling conditions.

Although there has not been much capital growth in recent years, Ian ‘Franco’ Francis’ CQS New City High Yield has lived up to its name with a sector-leading dividend yield of 7.7%.