TwentyFour Select Monthly Income Fund Limited (LON:SMIF - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 87.31 ($1.19) and traded as low as GBX 87.20 ($1.19). TwentyFour Select Monthly Income Fund shares last traded at GBX 87.20 ($1.19), with a volume of 1,078,013 shares traded.
TwentyFour Select Monthly Income Fund Stock Performance
The company has a 50-day simple moving average of GBX 87.32 and a 200-day simple moving average of GBX 86.27. The company has a market cap of £269.10 million and a price-to-earnings ratio of 548.94.
About TwentyFour Select Monthly Income Fund
(
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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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