The investment trust is one of sector’s lowest cost and highest yielding members
Thursday 07 Feb 2019 Author: Steven Frazer
Global equity income trust Murray International ( MYI ) is trading at close to a two-year premium to net asset value. The trust holds total assets worth more than £1.4bn, or approximately £11.05 per share, and trades on a stock price of £11.72 for a premium of around 6%. This compares with an average premium of 2% over the past 12 months, say analysts at broker Stifel. Murray International...