Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from TwentyFour Select Monthly Income Fund Ltd 2014-17.2.15 GBP Ptg.Shs ( (GB:SMIF) ) is now available.
TwentyFour Select Monthly Income Fund Limited has issued 6 million new ordinary shares at 87.22 pence each, raising approximately £5.23 million before costs to meet investor demand and deploy additional capital in line with its credit-focused investment policy. Following this issuance under its block listing, the company’s total share capital increases to 345,839,197 ordinary shares, a new baseline for shareholders’ regulatory disclosure calculations and a move that modestly broadens the fund’s capital base in the listed credit investment sector.
More about TwentyFour Select Monthly Income Fund Ltd 2014-17.2.15 GBP Ptg.Shs
TwentyFour Select Monthly Income Fund Limited (SMIF) is a London-listed, closed-ended investment company that invests in a diversified portfolio of credit securities, with a strategy focused on capturing premium returns from less liquid instruments across the debt spectrum.
Average Trading Volume: 1,137,727
Technical Sentiment Signal: Buy
See more insights into SMIF stock on TipRanks’ Stock Analysis page.