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TwentyFour Select first half NAV falls; swings to return

ALN

TwentyFour Select Monthly Income Fund Ltd - closed-ended fund which targets less-liquid, higher-yielding asset-backed securities - Says net asset value per share at the end of its first half of the financial year, March 31, was 72.83 pence, down from 86.44p. Says NAV total return was 9.0%, swinging from a loss of 3.3% a year ago, and a loss of 19% at the end of financial 2022. Declares a first half dividend of 3.00p per share, unchanged from a year ago.

Current stock price: 73.60 pence

12-month change: down 12%

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