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An update from Metrics Master Income Trust ( (AU:MXT) ) is now available.
Metrics Master Income Trust (ASX:MXT) has reported its fund performance, highlighting a net return of 8.06% over the past year, surpassing its target return of 7.50%. The Trust aims to provide monthly cash income with a low risk of capital loss by diversifying its loan portfolios across various borrowers, industries, and credit qualities. The Trust’s market cap stands at $2.37 billion, with a net asset value of $2.45 billion, reflecting its stable financial positioning. The announcement underscores the Trust’s commitment to delivering attractive returns and maintaining a diversified investment strategy, which is crucial for stakeholders seeking stable income and capital preservation.
More about Metrics Master Income Trust
Metrics Master Income Trust operates in the financial services industry, focusing on alternative asset management. The company specializes in fixed income, private credit, equity, and capital markets, managing assets exceeding $30 billion. Their primary service is providing monthly cash income and portfolio diversification through active management of diversified loan portfolios, particularly in Australia’s corporate loan market.
Average Trading Volume: 2,461,193
Technical Sentiment Signal: Buy
See more insights into MXT stock on TipRanks’ Stock Analysis page.