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For individual investors in the UK

CTY The City of London Investment Trust plc

CTY invests primarily in leading businesses listed on the London Stock Exchange with the aim of offering investment and dividend growth. The trust has a 57-year record of raising its dividend.

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ISIN
GB0001990497

Share price
579.00p
As of 16/09/2026

Estimated NAV
573.69p
As of 16/09/2026

Discount / Premium
0.93%
As of 16/09/2026

Yield
3.94%
As of 16/09/2026

Overview

INVESTMENT OBJECTIVE

The Company’s objective is to provide long-term growth in income and capital, principally by investment in equities listed on the London Stock Exchange. The Board fully recognises the importance of dividend income to shareholders.

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Potential investors must read the latest annual report and where relevant, the key information document before investing. This website is for promotional purposes and does not qualify as an investment recommendation.

ABOUT THIS COMPANY

  • Invests mainly in UK equities with a bias towards large, multinational companies
  • A conservative management style that prioritises sustainable income and long-term capital growth
  • Provides UK investors with exposure to global growth through the portfolio’s overseas revenues
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RATINGS AND AWARDS

The City of London Investment Trust plc has been awarded the AIC Dividend Hero award for 57 years of dividend growth.
Find out more about the methodology behind the award here.

Source: AIC, Morningstar calculations, 15/02/2023
Past performance does not predict future returns.

The City of London Investment Trust plc has been awarded the FundCalibre Elite Rating for 2023.
Find out more about the methodology behind the award here.

Source: FundCalibre calculations, 01/01/2023
Past performance does not predict future returns.

This is not substantive investment research or a research recommendation, as it does not constitute substantive research or analysis. Performance records are detailed on the specific KID, fees and charges may vary and further information can be found in the company’s prospectus and KID which must be reviewed before investing.

Past performance does not predict future returns. 
 

LATEST INSIGHTS

Knowledge Shared

At Janus Henderson, we believe in the sharing of expert insight for better investment and business decisions. We call this ethos Knowledge Shared.

View more City of London Investment Trust insights

ANNOUNCEMENTS

View the latest announcements for this Company:

London Stock Exchange

FREQUENTLY ASKED QUESTIONS

Source: Morningstar. Ratings updated quarterly.

Portfolio Management

Job Curtis, ASIP

Portfolio Manager

Industry since 1983. Joined Firm in 1987.

David Smith, CFA

Portfolio Manager

Industry since 2002. Joined Firm in 2002.

Performance

Marketing Communication. Past performance does not predict future returns. The value of an investment and the income from it may go down as well as up and you may lose the amount originally invested. Potential investors must read the latest annual report and where relevant, the key information document before investing.
Discrete Performance (%)
As of 30/06/2026
Share price Net asset value per share FTSE All-Share Index
 
As of 30/06/2026 2025/2026 2024/2025 2023/2024 2022/2023 2021/2022
Share price 20.98 21.78 11.35 4.06 7.74
Net asset value per share 21.90 16.77 15.56 4.51 7.53
FTSE All-Share Index 21.89 11.16 12.98 7.89 1.64
The Price and Net Asset Value are total returns.

Source: © 2026 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not predict future returns.
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk.  Costs and returns may increase or decrease as a result of currency and exchange rate fluctuations.
Cumulative & Annualised Performance (%)
As of 31/08/2026
Share price Net asset value per share FTSE All-Share Index
 
  Cumulative Annualised
  1MO 3MO YTD 1YR 3YR 5YR 10YR
Share price -0.34 6.01 15.30 23.41 72.81 88.48 132.01
Net asset value per share -0.39 6.36 14.02 23.42 72.05 87.01 132.95
FTSE All-Share Index 0.69 5.13 11.94 21.30 59.75 69.81 126.35
Source: © Morningstar 2026. All rights reserved. The Price and Net Asset Value (NAV) are total returns. Source: Morningstar. Past performance does not predict future returns.
Note that any differences among portfolio securities currencies, share class currencies and costs to be paid or represented in currencies other than your home currency will expose you to currency risk.  Costs and returns may increase or decrease as a result of currency and exchange rate fluctuations.

Recommended holding period 5 Years

Example Investment: GBP 10,000

Scenarios If you exit after 1 year If you exit after 5 years
MinimumThere is no minimum guaranteed return. You could lose some or all of your investment
StressWhat you might get back after costs4,760 GBP4,420 GBP
Average return each year-52.42%-15.07%
UnfavourableWhat you might get back after costs7,790 GBP11,220 GBP
Average return each year-22.11%2.32%
ModerateWhat you might get back after costs10,990 GBP12,710 GBP
Average return each year9.86%4.91%
FavourableWhat you might get back after costs13,760 GBP21,100 GBP
Average return each year37.59%16.11%
There is currently insufficient data to provide a useful indication of past performance to investors. This share class has been established for less than a year. To view performance returns please choose an alternative share class, if available.

Portfolio

Top Holdings (As of 31/08/2026)
Holding % of Fund
HSBC 6.60
Shell 4.70
NatWest Group 3.88
BAE Systems 3.62
British American Tobacco 3.52
Lloyds Banking Group 3.33
Unilever 3.21
Rio Tinto 2.94
M&G 2.94
Tesco 2.88
TOTAL 37.62
View full holdings
Sector Allocation % of Fund % of Fund As of 31/08/2026
Country/Geographic Exposures % of Fund % of Fund As of 31/08/2026

Documents

Related Insight

Fund Manager commentary – City of London Investment Trust
9 Sep 2019
Investment Insights

Fund Manager commentary – City of London Investment Trust

Fund Manager commentary - Henderson EuroTrust

Read More

  • The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • Past performance does not predict future returns.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • Some of the administrative expenses are taken from capital. This allows more income to be paid but it may also restrict capital growth or even reduce the capital over time.
  • Losses could be incurred if a counterparty became unwilling or unable to meet its obligations, or as a result of failure or delay in operational processes or the failure of a third party provider.
  • Derivatives may be used with the aim of reducing risk or managing the portfolio more efficiently. However, this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations.
  • If a Company's portfolio is concentrated towards a particular country or geographical region, the investment carries greater risk (as well as the potential for greater reward) than a portfolio that is diversified across more countries.
  • This investment should be held as part of a broader diversified portfolio. Balancing it with investments that have different risk profiles can help reduce the impact of any single investment underperforming.
  • The Company may borrow to invest, which could magnify gains or losses.
  • As the Company may borrow to invest, changes in interest rates could increase or decrease the cost of any borrowings.
  • The Company invests in the shares of other companies. These shares may become hard to value or to sell at a desired time and price, especially in extreme market conditions when asset prices may be falling, increasing the risk of investment losses.
  • Your return on investment is directly related to the market price of the Company's shares, which may be higher (trading at a premium) or lower (trading at a discount) than the value of its underlying net asset value assets. This means your returns may differ from the performance of those assets.
  • While active management techniques are typically positive for performance, this approach may also result in periods of underperformance relative to the benchmark and comparable passive and index-tracking funds, particularly during unexpected market shifts.
  • Shares can gain and lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may rise and fall in line with the underlying equity markets.
  • If the companies in which the portfolio is invested persistently reduce their dividend payments, the Company will find it more difficult to maintain or grow its own dividend payments each year.
  • The Company maintains a portfolio with a bias towards income-generating companies. This may result in the Company significantly underperforming or outperforming the wider market.
  • The Company confirms that it currently conducts its affairs so that its ordinary shares of 25p each can be recommended by IFAs to ordinary retail investors in accordance with the Financial Conduct Authority’s (FCA) rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future.
  • The shares are excluded from the FCA’s restrictions which apply to non-mainstream investment products because they are shares in an investment trust.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report. Please refer to the AIFMD Disclosure document and Annual Report of the AIF before making any final investment decisions.
  • Some documents are available in alternative formats. Click here for information on how to request them.
  • The Legal Entity Identifier for this product is 213800F3NOTF47H6AO55.

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