Key Points
- Insider Ashley Paxton bought 10,000 shares of TwentyFour Select Monthly Income Fund (LON:SMIF) on March 13 at an average price of GBX 85, a transaction totaling £8,500.
- SMIF has a market capitalization of £299.8 million, a P/E of 8.82, a 52‑week range of GBX 75.40–90, and reported quarterly EPS of GBX 9.70 with a return on equity of 10.77%.
- TwentyFour Select is a London‑listed closed‑ended fund that targets higher premiums from less liquid debt instruments and provides liquidity via the exchange and a quarterly buyback facility.
TwentyFour Select Monthly Income Fund Limited (LON:SMIF - Get Free Report) insider Ashley Paxton bought 10,000 shares of the company's stock in a transaction dated Friday, March 13th. The stock was purchased at an average cost of GBX 85 per share, for a total transaction of £8,500.
TwentyFour Select Monthly Income Fund Stock Performance
TwentyFour Select Monthly Income Fund stock opened at GBX 85.55 on Friday. The stock has a 50-day simple moving average of GBX 87.27 and a 200 day simple moving average of GBX 87.27. The stock has a market capitalization of £299.80 million, a P/E ratio of 8.82 and a beta of 0.57. TwentyFour Select Monthly Income Fund Limited has a 52 week low of GBX 75.40 and a 52 week high of GBX 90.
TwentyFour Select Monthly Income Fund (LON:SMIF - Get Free Report) last released its quarterly earnings data on Thursday, December 11th. The company reported GBX 9.70 earnings per share (EPS) for the quarter. TwentyFour Select Monthly Income Fund had a return on equity of 10.77% and a net margin of 110.59%.
TwentyFour Select Monthly Income Fund Company Profile
(
Get Free Report)
TwentyFour Select Monthly Income Fund is a London listed closed-ended fund which is designed to take advantage of the premium returns available from “less liquid” instruments across the debt spectrum. These securities, do not offer enough liquidity for daily priced OEICs, but are well suited to a traded closed-ended vehicle, where investors can obtain liquidity via the exchange and the quarterly buyback facility that the fund offers.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
