Twentyfour Select Monthly Incm Fd (LON:SMIF) Hits New 52-Week High at $96.20
Twentyfour Select Monthly Incm Fd Ltd (LON:SMIF)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 96.20 ($1.27) and last traded at GBX 96.20 ($1.27), with a volume of 178490 shares changing hands. The stock had previously closed at GBX 95.50 ($1.26).
The company’s 50 day moving average is GBX 92.30 and its 200 day moving average is GBX 92.72.
The business also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be paid a dividend of GBX 0.50 ($0.01) per share. This represents a yield of 0.53%. The ex-dividend date of this dividend is Thursday, January 16th.
TwentyFour Select Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Ltd. The fund is managed by TwentyFour Asset Management LLP. It invests in fixed income markets of the United Kingdom. The fund primarily invests in less liquid instruments across the debt spectrum, including asset backed securities, bank capital, corporate loans, high yield bonds, and leveraged loans issued by a wide variety of issuers.
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