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

TwentyFour Select Monthly Income Fund (LON:SMIF - Get Free Report) released its earnings results 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 Stock Up 0.2%

Shares of SMIF traded up GBX 0.20 ($0.00) during mid-day trading on Friday, hitting GBX 87 ($1.18). The company had a trading volume of 544,688 shares, compared to its average volume of 940,241. The business's 50-day simple moving average is GBX 85 and its 200-day simple moving average is GBX 85.79. TwentyFour Select Monthly Income Fund has a 1-year low of GBX 75.40 ($1.02) and a 1-year high of GBX 88.20 ($1.19). The stock has a market cap of £238.60 million and a PE ratio of -1,087.50.

Insider Buying and Selling

In other TwentyFour Select Monthly Income Fund news, insider Simon Richard Class purchased 25,000 shares of TwentyFour Select Monthly Income Fund stock in a transaction on Thursday, April 3rd. The shares were purchased at an average cost of GBX 86 ($1.17) per share, with a total value of £21,500 ($29,128.84). Corporate insiders own 0.12% of the company's stock.

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.