TwentyFour Select Monthly Income Fund Limited (LON:SMIF – Get Free Report) crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 85.79 and traded as low as GBX 84.50. TwentyFour Select Monthly Income Fund shares last traded at GBX 84.50, with a volume of 1,058,380 shares changing hands.
TwentyFour Select Monthly Income Fund Trading Down 0.1%
The firm’s 50-day moving average is GBX 85.79 and its 200 day moving average is GBX 85.20. The firm has a market capitalization of £315.91 million, a price-to-earnings ratio of 14.70 and a beta of 0.66.
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.
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