TwentyFour Income (Ordinary Share) TFIF

Sector Specialist: Securitised Debt

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Estimated NAV (p)

120.00

Share Price (p)

125.20

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
TwentyFour Income (Ordinary Share) Price 20.57%
TwentyFour Income (Ordinary Share) NAV 22.59%
BofAML Global Broad Market 6.23%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 124.8p 4.4% 120.00p 115.00p
31 Mar
100% 4.79%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
TwentyFour Income (Ordinary Share) Price20.57
TwentyFour Income (Ordinary Share) NAV22.59
BofAML Global Broad Market6.23

Discrete performance over

Discrete Performance

Top 10 Holdings

LEMES 06-1 4.16%
LUSI 5 3.92%
ESAIL 07-NL2 3.91%
LUSI 4 3.23%
BANKP I 3.19%
ITALF 07-1 3.06%
EMACP 07-NL4 2.95%
GALRE 13-1 2.65%
DOLPH 2010-3 2.27%
MSIMM 07-1 2.21%

Sectors weighting

Fixed Income Arbitrage 98.60%
Net Current Assets 1.40%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 06 Mar 2013
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) 125.20
  • Share Type Ordinary Share
  • TIDM TFIF
  • ISIN GG00B90J5Z95
  • Shares Issued (M) 267
  • Market Capital (£M) 332.97
  • Gross Assets (£M) 319.01
  • Net Assets (£M) 319.01
  • TER (%) 0.00
  • Historic Dividend Yield (%) 4.79
  • Next Dividend Date 16 Oct 2014
  • Next Dividend (p) 1.50
  • Last AGM 11 Jul 2014
  • Next AGM 11 Jul 2015
  • Last Annual Report Date 23 Jul 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To generate attractive risk adjusted returns principally through income distributions by investing in a diversified portfolio of UK and European asset backed securities.
  • Management Group(s):

  • TwentyFour Asset Management LLP
  • Managed by:

  • Aza Teeuwen Start: 06 Mar 2013
  • Ben Hayward Start: 06 Mar 2013
  • Eoin Walsh Start: 06 Mar 2013
  • Rob Ford Start: 06 Mar 2013
  • Management Contract & Fees:

    A monthly management fee is payable on the last Business Day of the month, or on the date of termination of the Investment Management Agreement by the Company to TwentyFour of 0.75% p.a of lower of NAV and market cap. Manager is also entitled to a commission of 0.15% of the aggregate gross offering proceeds plus any applicable VAT in relation to any issue of new Shares, following Admission, in consideration for marketing services that it provides to the Company, which is payable on the last Business Day of the month, or on the date of termination of the Investment Management Agreement. The Investment Management Agreement may be terminated by either party giving not less than 12 months' notice.