SMIF.L
TwentyFour Select Monthly Income Fund Limited is a closed-ended fixed income mutual fund launched by Numis Securities Ltd. The fund is managed by TwentyFour Asset Management LLP. It invests in fixed income markets of the United Kingdom. The fund primarily invests in less liquid instruments across the debt spectrum, including asset backed securities, bank capital, corporate loans, high yield bonds, and leveraged loans issued by a wide variety of issuers. It employs fundamental analysis with both top-down and bottom-up security selection approaches, focusing on such factors as economic fundamentals, market technicals, sentiment, valuations, and risk/stress analysis to create its portfolio. Twe...[Read more]
Industry
Asset Management - Income
IPO Date
2014-03-10
Stock Exchange
LSE
Ticker
SMIF.L
According to TwentyFour Select Monthly Income Fund Limited’s latest financial reports and current stock price. The company's current Dividend Yield is 8.09%. This represents a change of 84.17% compared to the average of 4.39% of the last 4 quarters.
The mean historical Dividend Yield of TwentyFour Select Monthly Income Fund Limited over the last ten years is 51.52%. The current 8.09% Dividend Yield has changed -84.30% with respect to the historical average. Over the past ten years (40 quarters), SMIF.L's Dividend Yield was at its highest in in the March 2024 quarter at 5.24%. The Dividend Yield was at its lowest in in the January 2014 quarter at 0%.
Average
51.52%
Median
8.30%
Minimum
6.35%
Maximum
228.84%
Discovering the peaks and valleys of TwentyFour Select Monthly Income Fund Limited Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 2.39%
Maximum Annual Dividend Yield = 228.84%
Minimum Annual Increase = -96.92%
Minimum Annual Dividend Yield = 6.35%
| Year | Dividend Yield | Change |
|---|---|---|
| 2024 | 9.55% | 23.65% |
| 2023 | 7.72% | -13.10% |
| 2022 | 8.89% | 39.88% |
| 2021 | 6.35% | -16.04% |
| 2020 | 7.57% | 7.49% |
| 2019 | 7.04% | -96.92% |
| 2018 | 228.84% | 340.40% |
| 2017 | 51.96% | -71.15% |
| 2016 | 180.10% | 2.39% |
| 2015 | 7.22% | 359.51% |
The current Dividend Yield of TwentyFour Select Monthly Income Fund Limited (SMIF.L) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.72%
5-year avg
8.02%
10-year avg
51.52%
TwentyFour Select Monthly Income Fund Limited’s Dividend Yield is less than Schroder Income Growth Fund plc (4.38%), less than CQS New City High Yield Fund Limited (8.83%), less than Schroder UK Mid Cap Fund plc (3.16%), less than NextEnergy Solar Fund Limited (16.31%), less than Nippon Active Value Fund plc (1.57%), greater than Oryx International Growth Fund Limited (0%), less than GCP Asset Backed Income Fund Limited (29.91%), greater than India Capital Growth Fund Limited (0%), greater than Crystal Amber Fund Limited (0%), less than Gresham House Energy Storage Fund plc (0.13%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 4.38% | N/A | |
| 8.83% | N/A | |
| 3.16% | N/A | |
| 16.31% | N/A | |
| 1.57% | N/A | |
| 0% | N/A | |
| 29.91% | N/A | |
| 0% | N/A | |
| 0% | N/A | |
| 0.13% | N/A |
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What is TwentyFour Select Monthly Income Fund Limited's Dividend Yield?
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