TwentyFour Select Monthly Income Fund Limited (LON:SMIF – Get Free Report)’s share price fell 0.2% during mid-day trading on Monday. The company traded as low as GBX 81.50 and last traded at GBX 81.50. 1,093,826 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 1,257,931 shares. The stock had previously closed at GBX 81.70.
TwentyFour Select Monthly Income Fund Stock Down 0.2%
The firm has a market capitalization of £308.52 million, a price-to-earnings ratio of 14.17 and a beta of 0.66. The stock has a 50 day moving average of GBX 83.66 and a 200 day moving average of GBX 85.16.
About TwentyFour Select Monthly Income Fund
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.
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