21st Dec 2022 12:26
Twentyfour Income Fund Ltd - closed-ended fund which targets less-liquid, higher-yielding asset-backed securities - Net asset value per share on September 30 is down 16% to 95.82 pence, from 113.89p a year earlier, and down 15% from 112.45p on March 31. Notes the NAV per share drop in the six months represents a total NAV return of negative 14.8%. "The decline in the company's performance in absolute terms over the review period is disappointing but it has been a particularly volatile period for all assets", it says. Read More
