Annual report: Period Ended 31 December 2012 - Invesco Perpetual

12 City Merchants High Yield Trust Limited
Investments in Order of Valuation
continued
Market
Moody/S&P Country of Value % of
Issuer Issue Rating Sector Incorporation £’000 Portfolio
CGG Veritas 7.75% 15 May 2017 Ba3/BB– Oil and Gas France 895 0.76
Peabody Energy 4.75% Cnv 15 Dec 2066 Ba3/B+ Basic Materials USA 880 0.75
Commerzbank 7.75% 16 Mar 2021 Ba1/BBB Financials Germany 870 0.74
Bormioli Rocco 10% 01 Aug 2018 B1/BB– Consumer Goods Luxembourg 861 0.73
Algeco 9% 15 Oct 2018 B1/NR Consumer Services UK 837 0.71
Pipe 9.5% 01 Nov 2015 B3/B Basic Materials UK 836 0.71
Nara Cable Funding 8.875% 01 Dec 2018 B1/B+ Consumer Services Ireland 825 0.70
Virgin Media Finance 8.875% 15 Oct 2019 Ba2/BB– Consumer Services UK 761 0.65
Nexans 2.5% Cnv 01 Jan 2019 NR/BB Industrials France 407 0.35
1.5% Cnv 01 Jan 2013 NR/NR 279 0.24
686 0.59
Chrysler 8% 15 Jun 2019 B2/B Consumer Goods USA 672 0.57
Phoenix Life 7.25% Perpetual Baa3/BBB Financials UK 636 0.54
BNP Paribas Fortis Cnv FRN Perpetual Ba3/BB Financials Belgium 629 0.54
Numericable Finance FRN 15 Oct 2018 B2/B Consumer Services Luxembourg 623 0.53
Cirsa Finance 8.75% 15 May 2018 B3/B+ Consumer Goods Luxembourg 600 0.51
Ecclesiastical Insurance 8.625% Non Cum Irrd Prf NR/NR Financials UK 587 0.50
M&G Finance 7.5% FRN Perpetual NR/NR Industrials Luxembourg 579 0.49
Taylor Wimpey 10.375% 31 Dec 2015 B1/BB– Consumer Services UK 555 0.47
Care UK Health and 9.75% 01 Aug 2017 B3/B Health Care UK 535 0.46
Social Care
Standard Chartered 9.5% FRN Perpetual A3/A– Financials UK 340 0.29
8.125% Non Cum Red Prf Baa2/BBB+ 193 0.16
533 0.45
Peel 8.375% 30 Apr 2040 NR/NR Financials UK 527 0.45
Odeon & UCI Finco 9% 01 Aug 2018 B3/B Consumer Services UK 518 0.44
Gategroup CHF5 Equity Consumer Goods Switzerland 518 0.44
Zinc Capital 8.875% 15 May 2018 B2/B+ Industrials Luxembourg 516 0.44
Legal & General 6.385% FRN Perpetual Baa2/BBB+ Financials UK 516 0.44
Matalan Finance 8.875% 29 Apr 2016 B1/BB– Consumer Services UK 515 0.44
Bakkavor Finance 2 8.25% 15 Feb 2018 B2/B– Consumer Goods UK 510 0.43
Eileme 2 11.75% 31 Jan 2020 B3/B– Consumer Services Sweden 473 0.41
Travelport 11.875% 01 Sep 2016 Caa3/CCC Industrials USA 286 0.24
10.875% 01 Sep 2016 Caa3/CCC 160 0.14
446 0.38
EDP Finance 8.625% 04 Jan 2024 Ba1/BB+ Utilities Netherlands 445 0.38
Jaguar Land Rover 8.125% 15 May 2018 Ba3/BB– Consumer Goods UK 442 0.38
ALBA 8% 15 May 2018 B3/B Industrials Germany 438 0.37
Xefin 8% 01 Jun 2018 Ba3/B+ Industrials Luxembourg 434 0.37
Lottomatica 8.25% FRN 31 Mar 2066 Ba2/BB Consumer Services Italy 427 0.36
Fiat Finance & Trade 6.375% 01 Apr 2016 B1/BB– Consumer Goods Luxembourg 417 0.35