TwentyFour Income Fund Limited (“TFIF” or “the Company“), the FTSE 250-listed investment company whose investment objective is to deliver income for shareholders by investing in less liquid asset-backed securities (“ABS”), is pleased to announce its Interim Results for the six-months ended 30 September 2025.
TwentyFour Select Monthly Income Fund Limited (“SMIF” or “the Company”), the listed, closed-ended investment company that pays a monthly dividend to shareholders by investing in a diversified portfolio of credit securities
Similar companies but not identical, SMIF pays a monthly dividend which could be useful to balance your monthly outgoings.
TFIF
SMIF
TFIF currently pays a quarterly dividend of 2p
SMIF currently pays a monthly dividend of 0.5p
Both funds may pay out any surplus income as a special dividend, which complicates the yield graph above.
As interest rates fall the higher dividends become more attractive so both shares trade at small premium.
Not without risk as the covid crash shows.
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