Investment Trusts

TwentyFour Select Monthly Income Ord

SMIF:LSE

TwentyFour Select Monthly Income Ord

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  • Price (GBX)88.40
  • Today's Change0.00 / 0.00%
  • Shares traded219.85k
  • 1 Year change+1.38%
  • Beta0.6027
Data delayed at least 20 minutes, as of Feb 17 2026 12:26 GMT.
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About the company

TwentyFour Select Monthly Income Fund Limited is a Guernsey-based closed-ended investment company. The Company’s investment objective is to generate attractive risk-adjusted returns, principally through income distributions, by investing in a diversified portfolio of fixed income credit products. The Company’s investment policy is to invest in a diversified portfolio of credit securities. Its portfolio comprises any category of credit security, including, without prejudice to the generality of the foregoing, bank capital, corporate bonds, high-yield bonds, leveraged loans, payment-in-kind notes and asset-backed securities and includes securities of a less liquid nature. It maintains a portfolio diversified by issuer and comprises approximately 50 credit securities. Its alternative investment fund manager is Apex Fundrock Limited.

  • Revenue in GBP (TTM)30.01m
  • Net income in GBP27.30m
  • Incorporated2014
  • Employees0.00
  • Location
    TwentyFour Select Monthly Income OrdTrafalgar Court, Les BanquesPO Box 255SAINT PETER PORT GY1 3QLGuernseyGGY
  • Phone+44 1 481745001
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Profile

Management group(s)TwentyFour Asset Management LLP
AIC sectorDebt - Loans & Bonds
ISINGG00BJVDZ946
Launch date10 Mar 2014
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The Fund will actively invest in a diversified portfolio of fixed income credit securities that exhibit an illiquidity premium, and which the Portfolio Managers believe represent attractive relative value. These securities will include (but are not limited to): corporate bonds, asset-backed securities, high yield bonds, bank capital, Additional Tier 1 securities, payment-in-kind notes and leveraged loans. Uninvested cash or surplus capital or assets may be invested on a temporary basis in cash and/or a range of assets including money market instruments and government bonds. The Fund may also use derivatives. This is only a summary; details of the Fund’s investment policy, including investment restrictions, are set out more fully in the Prospectus. Typical investors for whom these Ordinary Shares are intended are professional investors or professionally advised retail investors who are principally seeking monthly income from a portfolio of credit securities.

Managed by

Eoin Walsh, Felipe Villarroel, Pierre Beniguel, David Norris, Charlene Malik, George Curtis

Management & contract fees

Investment management fee of 0.75% of lower of market cap and NAV. The Investment Management Agreement may be terminated by either party giving not less than 12 months notice.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
British Smaller Companies VCT plc17.61m11.93m278.19m0.0020.480.9304--15.800.03640.03640.05310.80070.0663------4.499.654.499.6776.7385.1267.7381.53----0.0075.70-17.03---36.25----0.00
Real Estate Credit Investments Ltd31.13m19.12m280.44m0.0014.680.8931--9.010.08620.08620.14041.420.0738------4.536.165.607.5587.0987.7861.4273.05----0.2545101.959.05--4.40----0.00
International Biotechnology Trust Plc6.07m-1.17m282.02m0.00--1.20--46.48-0.0414-0.04140.17077.390.0205--34.58---0.39513.16-0.44013.50-2.8873.54-19.2865.01----0.1061115.79-86.38-36.12-103.01----5.05
VH Global Energy Infrastructure PLC-13.13m-19.35m284.19m0.00--0.7116-----0.0481-0.0481-0.03291.01-0.031-------4.56---4.57--------------0.00---150.51---168.28------
NextEnergy Solar Fund Ltd10.85m-5.60m291.05m0.00--0.5696--26.84-0.0098-0.00980.01880.88830.0146--1.31---0.75484.74-0.75664.81-28.7073.63-51.6370.05----0.2798114.86-32.51---29.89-----0.3753
Manchester & London Investment Trust plc107.65m101.36m292.41m0.002.990.7138--2.722.582.582.7210.770.2838--354.13--26.7215.1427.1315.8194.8472.1594.15311.75----0.000318.3943.6218.94-16.3433.35--14.87
Aurora UK Alpha PLC24.22m23.01m292.69m0.0015.940.9316--12.080.16680.16680.24542.860.0913--32.73--8.673.788.683.79100.0096.0695.0086.78----0.0034.40-117.33---120.07-----7.79
Octopus Renewables Infrastructr Trst PLC2.66m-4.00m292.81m0.00--0.558--110.24-0.0073-0.00730.00480.99460.0047--0.5215---0.7037---0.7061---99.21---150.64------0.00---6.12---7.25------
CVC Income & Growth Ltd27.07m7.16m296.28m0.0033.541.05--10.950.03460.03460.12351.110.1134------3.001.433.001.4398.7198.5226.4518.91----0.00391.97-15.8523.07-35.26----12.02
Invesco Global Equity Income Trust PLC24.86m22.73m299.06m0.0010.501.12--12.030.36110.36110.39693.370.1199--16.84--10.969.2511.099.8594.8894.2291.4690.05----0.012332.39-20.46---18.93----12.17
TwentyFour Select Monthly Income Fnd Ltd30.01m27.30m308.02m0.009.201.03--10.270.0960.0960.10630.86060.1183--5.61--10.768.4111.098.6493.4291.4390.9787.86----0.0099.75-28.4918.83-30.9020.59--3.53
Baillie Gifford European Growth Trst PLC19.94m16.43m311.02m0.0019.820.9496--15.600.05220.05220.05841.090.0482--8.18--3.97-2.033.99-2.0487.06--82.39------0.1287---60.12-30.93-64.65-33.34--15.52
Scottish Oriental Smaller Co's Trust PLC-4.35m-7.96m312.79m0.00--0.835-----0.0685-0.0685-0.03743.32-0.01-------1.849.28-1.869.37--91.68--78.79----0.072510.30-105.47---112.81----4.75
Castelnau Group Ltd16.28m6.57m319.33m5.0049.080.944148.6219.620.01950.01950.04991.010.0399--16.023,255,176.001.61--2.00--53.15--40.35------0.172--822.92--1,153.92------
Aberdeen New India Investment Trust PLC-64.88m-64.50m328.01m0.00--0.8695-----1.34-1.34-1.368.51-0.1337-------13.2912.14-13.9313.05--94.65--78.09---42.690.05470.00-53.88---65.42------
CC Japan Income and Growth Trust PLC70.19m65.62m332.78m0.005.071.03--4.740.4870.4870.52092.410.233--17.01--21.7814.4622.2514.7396.9995.3193.4990.22--130.920.0020.3567.31--72.99----5.10
Data as of Feb 17 2026. Currency figures normalised to TwentyFour Select Monthly Income Ord's reporting currency: UK Pound GBX

Institutional shareholders

9.92%Per cent of shares held by top holders
HolderShares% Held
Walker Crips Investment Management Ltd. (Invt Mgmt)as of 30 Jul 202514.96m4.40%
RM Capital Markets Ltd.as of 30 Jan 20265.00m1.47%
BlackRock Investment Management (UK) Ltd.as of 13 Feb 20263.64m1.07%
Momentum Global Investment Management Ltd.as of 30 Jan 20263.16m0.93%
Jupiter Asset Management Ltd.as of 31 Oct 20252.33m0.69%
Vanguard Asset Management Ltd.as of 30 Nov 20251.64m0.48%
Evelyn Partners Investment Management LLPas of 30 Jun 20251.06m0.31%
Legal & General Investment Management Ltd.as of 31 Dec 2025856.65k0.25%
State Street Global Advisors Ltd.as of 05 Feb 2026549.41k0.16%
Geode Capital Management LLCas of 31 Dec 2025520.08k0.15%
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Data from 30 Jul 2025 - 12 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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