tiprankstipranks
Trending News
More News >

Metrics Master Income Trust Announces NTA Backing Update

Story Highlights
Metrics Master Income Trust Announces NTA Backing Update

Confident Investing Starts Here:

Metrics Master Income Trust ( (AU:MXT) ) just unveiled an update.

The Metrics Master Income Trust announced its unaudited Net Tangible Asset Backing per share as $2.0118, reflecting its commitment to delivering consistent returns while preserving investor capital. This announcement underscores the Trust’s strategic focus on balancing target returns with capital preservation, which is crucial for stakeholders given the trust’s active participation in the corporate loan market.

More about Metrics Master Income Trust

Metrics Master Income Trust operates within the financial services industry, focusing on providing monthly cash income, low risk of capital loss, and portfolio diversification through actively managed diversified loan portfolios. It participates in Australia’s bank-dominated corporate loan market. The Trust Company (RE Services) Limited, part of the Perpetual group, acts as the Responsible Entity, with Perpetual offering funds management, financial advisory, and trustee services.

Average Trading Volume: 2,010,976

Technical Sentiment Signal: Strong Buy

See more insights into MXT stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1