Sharon Parr Acquires 10,000 Shares of TwentyFour Select Monthly Income Fund (LON:SMIF) Stock

TwentyFour Select Monthly Income Fund Limited (LON:SMIF) insider Sharon Parr acquired 10,000 shares of TwentyFour Select Monthly Income Fund stock in a transaction dated Friday, March 13th. The shares were bought at an average price of GBX 86 per share, for a total transaction of £8,600.

TwentyFour Select Monthly Income Fund Stock Performance

SMIF opened at GBX 85.55 on Friday. TwentyFour Select Monthly Income Fund Limited has a fifty-two week low of GBX 75.40 and a fifty-two week high of GBX 90. The stock has a market capitalization of £299.80 million, a price-to-earnings ratio of 8.82 and a beta of 0.57. The company has a fifty day moving average of GBX 87.27 and a 200 day moving average of GBX 87.27.

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

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.