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Metrics Master Income Trust ( (AU:MXT) ) just unveiled an announcement.
Metrics Master Income Trust has announced a successful quarter with a net return of 2.00%, outperforming its target return of the RBA Cash Rate plus 3.25% since its inception in 2017. The fund’s portfolio has grown to 348 loan assets, and a recent $315 million wholesale placement underscores investor confidence in its performance and strategy. Despite global geopolitical uncertainties, the fund has maintained its focus on core strengths, such as capital raising and risk management, while continuing to diversify its loan portfolio.
More about Metrics Master Income Trust
Metrics Master Income Trust (MXT), managed by Metrics Credit Partners, operates within the financial services industry, focusing on private debt investment. The company provides monthly cash income and portfolio diversification by managing diversified loan portfolios in Australia’s corporate loan market, aiming to deliver returns above the Reserve Bank of Australia (RBA) Cash Rate.
Average Trading Volume: 1,649,075
Technical Sentiment Signal: Strong Buy
For an in-depth examination of MXT stock, go to TipRanks’ Overview page.
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