Shares of TwentyFour Select Monthly Income Fund Limited (LON:SMIF – Get Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 87.44 and traded as low as GBX 86.60. TwentyFour Select Monthly Income Fund shares last traded at GBX 86.60, with a volume of 1,476,514 shares traded.
TwentyFour Select Monthly Income Fund Stock Up 1.2%
The company’s 50-day moving average is GBX 87.44 and its two-hundred day moving average is GBX 86.82. The company has a market capitalization of £281.10 million and a P/E ratio of 5.48.
TwentyFour Select Monthly Income Fund Company Profile
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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