Metrics Master Income Trust (AU:MXT) has released an update.
Metrics Master Income Trust (MXT) aims to provide investors with monthly cash income, a low risk of capital loss, and portfolio diversification through actively managed diversified loan portfolios in the Australian corporate loan market. With a target return of the RBA Cash Rate plus 3.25% p.a. net of fees, MXT showcases an experienced management team and an investment strategy focused on floating rate Australian direct lending, with a historical track record of stable Net Asset Value and market liquidity. Despite a disclaimer that past performance is not indicative of future results, MXT’s recent net return performance has exceeded their target return, underscoring its potential appeal to income-focused investors.
For further insights into AU:MXT stock, check out TipRanks’ Stock Analysis page.
