TwentyFour Income Fund : TFIF – results

TwentyFour Income Fund released its results on 10 June. These cover the period from 11 January 2013 to 31 March 2014. The company was admitted to trading on 6 March 2013 raising £150m – expanded through subsequent issuance to £267m.

The net asset value at the end of the period was 117.66p and the share price 122.5p. Dividends of 1.25p each were paid in July, October and January. On a total return basis the return was 26.25%.

The initial portfolio was acquired within the three month target outlined in the company’s prospectus.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…