TwentyFour Select Monthly Income Fund Limited Issues New Shares to Raise £1.7 Million
The investment fund is issuing new shares to raise £1.7 million, with the funds to be used for investment in line with the company's strategy.
The investment fund is issuing new shares to raise £1.7 million, with the funds to be used for investment in line with the company's strategy.
The asset management firm has raised £1.2 million through a share issuance, with the funds to be used for investment in line with the company's strategy.
The investment fund has raised £1.7 million through a share placing to fund growth, with a small 0.45% discount to the previous closing price.
The investment fund has published its monthly factsheet and commentary, but details on financial performance and outlook are limited.
The investment fund reported a solid 4.9% NAV total return and increased net assets in its half-year results. Management remains optimistic about future performance in credit markets.
The investment fund reported a 4.9% NAV total return for the half-year, with dividends exceeding targets. All sectors contributed positively, demonstrating resilience in a challenging market environment.
The closed-end investment fund has raised £430,650 through a share placing, with the new shares issued at a 0.77% discount to the previous closing price.
The investment fund has issued new shares to raise £1.7 million, with the shares priced at a small 0.31% discount to the previous closing price.
The investment fund has published its monthly factsheet and commentary, but details on financial performance and outlook are limited.
The investment company will announce its interim results and host a live presentation for investors on 11th June 2025.