Metrics Master Income Trust Outperforms Target With Strong 12-Month Return

Metrics Master Income Trust ( (AU:MXT) ) has issued an update.

Metrics Master Income Trust reported solid performance for the 12 months to March 2026, delivering a net return of 8.04%, which exceeded its target return of 7.25% and maintained a stable net asset value of $2.00 per unit against a market price of $1.88. The portfolio remains broadly diversified across 343 individual investments with 43% in investment-grade credit, short interest and credit duration, and consistent monthly distributions, underscoring its role as an income-focused option in Australian corporate fixed income for investors seeking floating-rate exposure and ASX liquidity.

The trust’s historical distribution data show steady monthly cash payments since listing in 2017, with returns generally tracking a spread of more than 4 percentage points above the Reserve Bank of Australia cash rate. This ongoing outperformance against its benchmark highlights Metrics’ active management capabilities in private credit and supports MXT’s positioning as a large, liquid listed vehicle for accessing Australian corporate loans, although investors are reminded that past performance may not reliably indicate future results.

More about Metrics Master Income Trust

Metrics Master Income Trust (ASX: MXT) is a listed Australian investment trust managed by Metrics Credit Partners, an alternative asset manager specialising in fixed income, private credit, equity and capital markets. The trust provides exposure to Australia’s bank-dominated corporate loan market through diversified direct lending, targeting monthly cash income, capital preservation and portfolio diversification for investors.

Average Trading Volume: 1,628,394

Technical Sentiment Signal: Strong Buy

For a thorough assessment of MXT stock, go to TipRanks’ Stock Analysis page.