Investment Trusts

TwentyFour Income Ord

TFIF:LSE

TwentyFour Income Ord

  • Price (GBX)105.50
  • Today's Change0.10 / 0.09%
  • Shares traded771.15k
  • 1 Year change5.71%
  • Beta0.5038
Data delayed at least 20 minutes, as of Nov 22 2024 15:48 GMT.
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Profile data is unavailable for this security.

About the company

TwentyFour Income Fund Limited is a closed-ended investment company. The Company operates through investments in Asset Backed Securities segment. The Company’s investment objective is to generate attractive risk-adjusted returns principally through income distributions. Its investment policy is to invest in a diversified portfolio of predominantly in the United Kingdom and European Asset Backed Securities. The Company’s alternative investment fund manager is Maitland Institutional Services Limited.

  • Revenue in GBP (TTM)144.08m
  • Net income in GBP136.01m
  • Incorporated2013
  • Employees0.00
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Profile

Management group(s)TwentyFour Asset Management LLP
AIC sectorDebt - Structured Finance
ISINGG00B90J5Z95
Launch date06 Mar 2013
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To generate attractive risk-adjusted returns principally through income distributions by investing in a diversified portfolio of UK and European asset-backed securities.The Portfolio will comprise at least 50 Asset Backed Securities at all times.

Managed by

Aza Teeuwen, Douglas Charleston, John Lawler, Marko Feiertag, Elena Rinaldi

Management & contract fees

Management fee of 0.75% of lower of NAV and market cap. Agreement is terminable on notice period of 12 months.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
NB Private Equity Partners Ltd12.62m-17.59m717.54m--717.54m--
Baillie Gifford US Growth Trust PLC96.77m89.88m735.40m5.00735.40m5.00
XPS Pensions Group PLC218.34m61.74m743.81m1.57k743.81m1.57k
Temple Bar Investment Trust PLC164.88m155.68m750.71m0.00750.71m0.00
Schiehallion Fund Ltd68.70m60.56m757.36m0.00757.36m0.00
Global Smaller Companies Trust PLC75.97m67.59m766.66m0.00766.66m0.00
Schroder AsiaPacific Fund plc12.80m-1.08m775.31m0.00775.31m0.00
TwentyFour Income Fund Ltd144.08m136.01m788.22m0.00788.22m0.00
ICG Enterprise Trust PLC58.97m33.41m800.16m0.00800.16m0.00
CMC Markets Plc387.57m84.51m807.27m1.17k807.27m1.17k
Patria Private Equity Trust PLC69.87m48.87m824.06m0.00824.06m0.00
Murray Income Trust plc102.65m94.78m827.60m0.00827.60m0.00
Merchants Trust plc119.55m108.81m828.21m0.00828.21m0.00
Octopus Titan VCT PLC-151.39m-178.12m833.49m0.00833.49m0.00
Biopharma Credit PLC108.32m86.87m835.62m11.00835.62m11.00
Oakley Capital Investments Ltd98.45m88.03m866.21m0.00866.21m0.00
Data as of Nov 22 2024. Currency figures normalised to TwentyFour Income Ord's reporting currency: UK Pound GBX
Data Provided by LSEG
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