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Twentyfour Select Monthly Income Fund Limited (SMIF)

ORD 1P
Sell: 82.4p|Buy: 83.8p|Change: 0.62 (0.75%)

Open 

83.6p


Previous close 

82.1p


Trade high 

84p


Estimated NAV 

80.98


Year high 

84.00p


Year low 

69.60p


Premium / Discount 

1.39%


Market capitalisation 

£201.48 mn


Volume 

439,476


Dividend yield 

9.24%


Ongoing charge 

1.25%


ISIN 

GG00BJVDZ946


This share can be held in a Dealing accountISALifetime ISAJISASIPPand can be used with Regular investment and Dividend reinvestment

Before investing please read:

Key Investor Information Document (KIID)

Share price

Dividends

PreviousLatest
Record date16/02/202422/03/2024
Ex-dividend date15/02/202421/03/2024
Payment date01/03/202405/04/2024
Amount0.50p0.50p

Net asset value (NAV)

Estimated NAV80.98
Latest actual NAV81.33
Latest actual NAV date20 March 2024
12m average premium/discount-0.5%

Top 10 holdings

Holdings 30/09/2022% of assets

Performance 29/02/2024

1D | 1M | 3M | 1Y | 3Y ann | 5Y ann | 10Y ann


Total return (%)
Fund+ 0.75
Category-
More...

Investment objective

The Fund will actively invest in a diversified portfolio of fixed income credit securities that exhibit an illiquidity premium, and which the Portfolio Managers believe represent attractive relative value. These securities will include (but are not limited to): corporate bonds, asset-backed securities, high yield bonds, bank capital, Additional Tier 1 securities, payment-in-kind notes and leveraged loans. Uninvested cash or surplus capital or assets may be invested on a temporary basis in cash and/or a range of assets including money market instruments and government bonds. The Fund may also use derivatives. This is only a summary; details of the Fund’s investment policy, including investment restrictions, are set out more fully in the Prospectus. Typical investors for whom these Ordinary Shares are intended are professional investors or professionally advised retail investors who are principally seeking monthly income from a portfolio of credit securities.

Morningstar ratingTM


News

Recent trades

DateTimePriceQuantityValue (£)
28/03/202404:20:2282.717312,0749,987.29
28/03/202404:09:5583.821.68
28/03/202404:09:5583.83025.14
28/03/202404:00:0282.76511,9041,575.85
28/03/202403:58:548421.68

AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.

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