TwentyFour Select Monthly Income Fund (LON:SMIF) Insider Ashley Paxton Buys 10,000 Shares of Stock

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) insider Ashley Paxton purchased 10,000 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was bought at an average price of GBX 85 per share, with a total value of £8,500.

TwentyFour Select Monthly Income Fund Stock Down 0.1%

LON:SMIF opened at GBX 85.55 on Friday. TwentyFour Select Monthly Income Fund Limited has a twelve month low of GBX 75.40 and a twelve month high of GBX 90. The firm has a market capitalization of £299.80 million, a price-to-earnings ratio of 8.82 and a beta of 0.57. The stock’s 50 day moving average price is GBX 87.27 and its two-hundred day moving average price is GBX 87.27.

TwentyFour Select Monthly Income Fund (LON:SMIF) last released its quarterly earnings data on Thursday, December 11th. The company reported GBX 9.70 EPS for the quarter. TwentyFour Select Monthly Income Fund had a return on equity of 10.77% and a net margin of 110.59%.

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.