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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.
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