Overview
TwentyFour Select Monthly Income aims to generate attractive risk-adjusted returns, principally through income distributions by investing in a diversified portfolio of fixed income credit product and is designed to take advantage of the premium returns available from “less liquid” instruments across the debt spectrums. TwentyFour Select Monthly Income is targeting a dividend of at least 6% per annum, payable monthly, and a net total return of 8-10% per annum.
Fundamentals
Price
Research History
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09 Feb 2023 40 min read
QuotedData’s Economic and Political Monthly Roundup February 2023
Economic and Political Monthly Roundup Investment companies | Monthly | February 2023 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]
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08 Jun 2020 8 min read
QuotedData’s Economic Roundup – June 2020
Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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07 Apr 2020 5 min read
QuotedData’s Economic Roundup – April 2020
Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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07 Feb 2018 1 min read
QuotedData’s economic round up – February 2018
QuotedData’s economic round up – February 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
News
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12 Aug 2025 3 min read
Scottish Mortgage has bought back over £2.5bn of its shares but the global gaint still trails close to a 10% discount
Our monthly review of investment companies returning capital and raising new money shows the £12bn Baillie Gifford flagship has greatly exceeded its £2bn minimum buyback target as its shares continue to lag the underlying growth in its global portfolio. Scottish Mortgage (SMT) has bought back more than £2.5bn of its shares since activist hedge fund […]
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11 Jun 2025 2 min read
QuotedData’s morning briefing 11 June 2025 – SEIT, SMIF, DGI9
In QuotedData’s morning briefing 11 June 2025: SDCL Efficiency Income’s Onyx Renewable Partners has secured a new debt facility that will allow it to fund its near term pipeline and we have interim results from TwentyFour Select Monthly Income. We also have: Stories you may have missed from yesterday:
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04 Jun 2025 2 min read
QuotedData’s morning briefing 4 June 2025 – JFJ, CYN, SMIF, BBGI
In QuotedData’s morning briefing 4 June 2025: We also have: Stories you may have missed from yesterday:
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12 Dec 2024 2 min read
QuotedData’s morning briefing 12 December 2024, DGI9, BGFD, MTE, GSF, AIE, SMIF, NRR, RGL
In QuotedData’s morning briefing – 12 December 2024: Digital 9 Infrastructure (DGI9) says InfraRed Capital Partners’ appointment as AIFM has become effective today. Triple Point’s role as AIFM also terminated effective today. Baillie Gifford Japan (BGFD) passed its continuation vote at yesterday’s AGM, the voting was 85.4%:14.6% in favour of continuation, and about 55% of […]
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11 Jun 2024 1 min read
QuotedData’s morning briefing 11 June 2024 – USF, VNH, RTW, SMIF, PCFT
In QuotedData’s morning briefing 11 June 2024: The US Solar Fund (USF) will purchase in aggregate 24,358,974 shares under its previously announced tender offer at a price of $0.764 per share. This is the maximum number of shares to be acquired, representing approximately 7.33% ($19m) of the issued share capital of the company. VietNam Holding […]
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04 Jun 2024 2 min read
QuotedData’s morning briefing 4 June 2024 – ROOF, CRS, HOME, LMP, SMIF, GABI
In QuotedData’s morning briefing 4 June 2024: Atrato Onsite Energy (ROOF) has bought a solar portfolio for £9.3m, using money from its revolving credit facility. The portfolio includes three solar assets with a total capacity of 13MW and comprises: 7.7MW of solar PV systems situated on residential rooftops owned by three different UK housing associations […]
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31 May 2024 4 min read
Dividend royalty: Our top 4 income payers to beat inflation and optimise returns
This week’s QD view looks at four investment companies that offer attractive dividend yields Inflation has become a painful reality for many, impacting everything from rent and mortgages to groceries. This ongoing cost-of-living crisis underscores the importance of making your money work harder for you, particularly for those who rely on their investments for income. […]
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28 Mar 2024 2 min read
QuotedData’s morning briefing 28 March 2024 – IVPB, IVPG, IVPM, IVPU, RIII, TENT, DGI9, HOME, BHMG, BHMU, ESO, SMIF, SONG
In QuotedData’s morning briefing 28 March 2024: Not enough shareholders of Invesco Select Trust (IVPB / IVPG / IVPM / IVPU) voted on the plan to merge the four asset classes into just the global equity income class. The percentage voting requirement to get the deal approved has been relaxed and the timetable pushed back. […]
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08 Jan 2024 2 min read
QuotedData’s morning briefing for 8 January 2024 – AERI, CORD, SMIF, ICG, CLDN, RTW, LMP, PSDL
In QuotedData’s morning briefing for 8 January 2024: Aquila European Renewables (AERI) has announced that it has entered into a €50m five-year debt facility with ING Bank N.V. Sucursal en España. The facility is secured by AERI’s wholly owned Spanish solar PV portfolio, with the leverage equal to 26%. The pricing of the debt remains […]
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18 Dec 2023 1 min read
TwentyFour Select Monthly Income Fund has a performance rebound
TwentyFour Select Monthly Income Fund (SMIF) has released its annual results for the year ending 30 September 2023. Over the period SMIF reported a NAV per share total return of 17.54% over the year, with its portfolio returning 12.26%. SMIF’s objective is to generate a return of 8-10% per year. The largest contributor to SMIF’s […]
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06 Jul 2023 1 min read
QuotedData’s morning briefing 6 July 2023
In QuotedData’s morning briefing 6 July 2023: TwentyFour Select Monthly Income (SMIF) says 3,939,187 shares were tendered to its quarterly tender offer. 500,000 of these were purchased by Numis and the rest have been bought back into treasury – all at 72.62p per share. JPMorgan Multi Asset Growth and Income (MATE) passed its continuation vote […]
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16 Jan 2023 2 min read
TwentyFour Select Monthly Income Fund annual results
TwentyFour Select Monthly Income Fund (SMIF) has released its annual report for the financial year ending 30 September 2022. Over the twelve-month period TwentyFour Select Monthly Income reported a NAV total return of -18.94%, below its target return of 8-10%. A total dividend of 6.39p was declared over the financial year, meeting the trust’s target […]
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09 Dec 2021 2 min read
Great year for TwentyFour Select Monthly Income
Great year for TwentyFour Select Monthly Income – TwentyFour Select Monthly Income Fund has published results for the 12 months ended 30 September 2021. The share price started the financial year at 83.40p and finished at 96.20p with the Net Asset per share rising from 86.79p to 93.32p over the same period. For the year ended […]
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03 Jun 2021 2 min read
QuotedData’s morning briefing 3 June 2021
In QuotedData’s morning briefing 3 June 2021: Round Hill Music Royalty Fund says that Josh Gruss, CEO and chairman of its manager, has opted to receive 2m shares in Round Hill Music Royalty Fund in exchange for his interest in the catalogues that the fund acquired recently. Josh is handing over 950,000 of these to establish […]
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02 Mar 2021 2 min read
QuotedData’s morning briefing 2 March 2021
In QuotedData’s morning briefing 2 March 2021: Syncona (SYNC) notes that Achilles Therapeutics, a clinical-stage biopharmaceutical company developing precision T cell therapies to treat solid tumours, announced it has filed a registration statement in relation to a proposed IPO. Syncona owns 44% of Achilles which it values at £72.4m. RTW Venture Fund (RTW) participated in a Series […]
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07 Jan 2021 1 min read
QuotedData’s morning briefing 7 January 2021
In QuotedData’s morning briefing 7 January 2021, as the Democrats win control of the Senate and the US Capitol building is invaded, the news in the investment companies industry is a bit more mundane: Hipgnosis Songs has entered into an agreement with a syndicated group of lenders, with JPMorgan Chase Bank as lead arranger, to increase its […]
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13 Dec 2019 4 min read
TwentyFour Select Monthly Income’s 5.2% year-end NAV return led by banking and insurance sectors
TwentyFour Select Monthly Income’s 5.2% year-end NAV return led by banking and insurance sectors – Over the year ended 30 September 2019 TwentyFour Select Monthly Income (SMIF) says it performed in line with expectations, generating an NAV total return of 5.16% for the year. As a comparison the Euro high yield index generated a total return […]
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15 Jan 2019 2 min read
TwentyFour Select Monthly Income NAV slips in volatile markets
TwentyFour Select Monthly Income NAV slips in volatile markets – Over the year ended 30 September 2018, TwentyFour Select Monthly Income’s NAV fell by 3.4%. Dividends totalled 6.55p, barely changed from the 6.56p paid for the year before.. The chairperson notes that, as US inflation moved higher in January 2018, interest rate markets became concerned that the […]
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25 Mar 2015 1 min read
Vontobel takes control of TwentyFour Asset Management
TwentyFour Asset Management LLP, managers of TwentyFour Income Fund and TwentyFour Select Monthly Income, has announced that Vontobel is taking a 60% stake in it. “Vontobel will acquire a 60% shareholding in TwentyFour, with the working partners retaining a 40% stake in the business. The partners remain fully committed to TwentyFour with long-term lock-ins. The Investment Manager will […]
Upcoming Events
Videos
In The Press
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09 Jun 2025 1 min read
Investment trust insider on the end of US exceptionalism
Investment trust insider on the end of US exceptionalism – James Carthew: Investment trusts for the end of US dominance Scottish Mortgage is one of several global investment trusts that are notably underweight North America. In recent weeks, the number of commentators suggesting that US exceptionalism is dead, the US economy is in trouble, and […]
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11 Nov 2024 1 min read
Investment trust insider on Trump and financials
Investment trust insider on Trump and financials – James Carthew: The winners of Trump’s regulation bonfire Trusts that will leap on Donald Trump’s looser financial regulations and an environment of higher-for-longer interest rates. It will take some time for the dust to settle following the US election. The US equity market responded positively, but US […]
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23 Aug 2024 1 min read
DIVIDEND ROYALTY: FOUR INVESTMENT TRUSTS FOR DIVIDEND SEEKERS
Over the past couple of years, the cost-of-living crisis has been a painful reality for many, impacting everything from rent and mortgages to groceries. this underscores the importance of making your money work harder for you.. A more reliable approach to mitigating the impact of inflation might be to invest in dependable dividend-paying trusts. While […]
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21 Aug 2024 1 min read
Debt funds’ new lease on life
By James Carthew, QuotedData, 20 August 2024: The 0.25% reduction in the Bank of England base rate on 31 July may not sound much but it marked the first interest rate cut in four years and signalled that the UK’s bout of elevated inflation that began in April 2021 was finally under control. A lot […]
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08 Mar 2024 1 min read
The most expensive trusts relative to their history
By Matteo Anelli, Senior reporter, Trustnet, 07 March 2024: Premiums are rare in the investment trusts industry, which suffers from chronic discounts, but there are still some trusts that have caught investors’ eyes and garnered traction over the past five years, according to data from QuotedData. Earlier this morning, we looked at the trusts that […]
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26 Jun 2023 1 min read
Is investing in gilts the key to a golden future – where you can even benefit from inflation? What you need to know about UK government bonds
By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY, 25 June 2023: As storm clouds brew over the economy, it is hard at first to spy a silver lining. Interest rates were hiked to a 15-year high of five per cent by the Bank of England on Thursday, piling further pressure on millions of mortgage holders and […]
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22 Feb 2022 1 min read
Fund and trust ideas to income-boost portfolios to beat inflation
Cherry Reynard from interactive investor 15th February 2022: Four types of funds yield 5% plus. Cherry Reynard runs through the options, risks and potential rewards… In general, there are four types of investment that generate a yield in excess of 5%. The first are conventional equity income strategies… The second type of high-income fund operates at […]
