I’ve bought for the portfolio 12100 shares in SMIF TwentyFour Select Monthly Income fund.
The current yield is 9% but because a dividend is paid monthly, if these are re-invested the yield is nearer 10%.
Because of the high yield the Trust trades at a small premium to NAV of 2%.
I appreciate how much effort and care you put into this.
Your perspective on this topic is so valuable.
This was a fantastic read — well done!