City Natural Resources Growth and Income PLC
City Natural Resources Growth and Income PLC

City Natural Resources Growth and Income PLC share price, company news, analysis and interviews

City Natural Resources Growth and Income plc (LON:CYN) is a closed end UK investment trust.

Objective: to provide shareholders with capital growth and income from a portfolio of mining and resource equities and mining, resource, industrial and other fixed interest securities.

cqs natural resources

Fund Managers

Robert Crayfourd is Co-Portfolio Manager of City Natural Resources Growth and Income plc (LON: CYN) at Tufton Investment Management, which became the Trust’s investment manager on 14 September 2026. Robert joined Tufton on 3 September 2026 from Manulife | CQS Investment Management, where he had managed natural resources funds since 2011.

Prior to joining CQS in 2011, Robert was an analyst at the Universities Superannuation Scheme and HSBC Global Asset Management, where he focused on the natural resources sector. Robert is a CFA charterholder and holds a BSc in Geological Sciences from the University of Leeds.

Keith Watson is Co-Portfolio Manager of City Natural Resources Growth and Income plc (LON: CYN) at Tufton Investment Management, which became the Trust’s investment manager on 14 September 2026. Keith joined Tufton on 3 September 2026 from Manulife | CQS Investment Management, where he had been a fund manager since July 2013.

Prior to joining CQS in July 2013, Keith was a Senior Natural Resources Analyst at Mirabaud Securities. Previously, he was Director of Mining Research at Evolution Securities and a top-ranked business services analyst at Dresdner Kleinwort Wasserstein, Commerzbank and Credit Suisse/BZW. Keith began his career in 1992 as a portfolio manager and research analyst at Scottish Amicable Investment Managers. He holds a BSc (Hons) in Applied Physics from Durham University.

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City Natural Resources Growth and Income PLC

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Latest News

cqs natural resources

8% Yielding CQS Natural Resources Delivers 69.3% NAV Total Return (LON:CYN)

CQS Natural Resources Growth & Income plc (LON:CYN) has put its half-year results firmly in focus after reporting a 69.3% net asset value total return, a performance that stands out even within a period marked by sharp moves across commodities and resource equities. That update comes alongside separate reporting on a strong February, when the trust posted a 13.1% NAV gain, reinforcing the sense that momentum has been driven by both portfolio positioning and a supportive backdrop for selected natural resources exposures. For income-focused investors, the appeal is not limited to capital performance. With an 8% yield highlighted in coverage of the

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cqs natural resources

CQS Natural Resources Growth and Income delivers positive NAV return in FY2025

CQS Natural Resources Growth and Income plc (LON:CYN) has announced its Annual Financial Report for the year ended 30 June 2025. Strategic Report Key Metrics for the year ended 30 June: Net asset value total return1 Share price total return1 2025                                          2024 2025                                          2024 4.6%                                          7.2% 9.3%                                          17.1% MSCI World Metals and Mining Index total return (sterling adjusted)2 MSCI World Energy Index total return (sterling adjusted)2 2025                                          2024 2025                                          2024 (4.5)%                                       7.3% (7.7)%                                       17.4% Dividend yield1,3 Dividend per share (pence) 2025                                          2024 2025                                          2024 4.0%                                          3.0% 8.03p                                         6.60p Total return performance (cumulative) 1 Year 3 Years 5 Years Sinceinception* Net asset value per share 4.6% 16.1% 155.8% 677.8% Share price 9.3% 27.7% 206.8% 723.6% MSCI

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