TwentyFour Select Monthly Income Fund (LON:SMIF) Issues Earnings Results

TwentyFour Select Monthly Income Fund (LON:SMIF) posted its quarterly earnings data on Thursday. The company reported GBX 4 ($0.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

TwentyFour Select Monthly Income Fund Trading Up 0.0%

TwentyFour Select Monthly Income Fund stock opened at GBX 86.80 ($1.18) on Thursday. TwentyFour Select Monthly Income Fund has a 12 month low of GBX 75.40 ($1.02) and a 12 month high of GBX 88.20 ($1.20). The business’s 50 day simple moving average is GBX 84.82 and its 200 day simple moving average is GBX 85.75. The company has a market cap of £238.06 million and a price-to-earnings ratio of -1,085.03.

Insider Activity at TwentyFour Select Monthly Income Fund

In other TwentyFour Select Monthly Income Fund news, insider Simon Richard Class bought 25,000 shares of TwentyFour Select Monthly Income Fund stock in a transaction dated Thursday, April 3rd. The stock was purchased at an average price of GBX 86 ($1.17) per share, for a total transaction of £21,500 ($29,144.64). 0.12% of the stock is owned by company insiders.

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.