REG-TwentyFour Select Monthly Income Fund: Dividend Declaration

Twentyfour Select Monthly Income FundAnnouncement

Thu 13:30

10 July 2025

 

TwentyFour Select Monthly Income Fund Limited

 

(a non-cellular company limited by shares incorporated in the Island of
Guernsey under the Companies (Guernsey) Law 2008, as amended, with registered
number 57985 and registered as a Registered Closed-ended Collective Investment
Scheme with the Guernsey Financial Services Commission. LEI:
549300P9Q5O2B3RDNF78)

 

 

Re: Dividend Announcement

 

 

The Directors of TwentyFour Select Monthly Income Fund Limited ("SMIF"), the
listed, closed-ended investment company that invests in a diversified
portfolio of credit securities, have declared that a dividend of 0.5 pence per
share will be paid, in line with the Prospectus, representing the regular
monthly targeted dividend for the financial period ended 30 June 2025 and an
additional dividend of 0.25 pence per share will be paid as follows:

 

Ex-Dividend Date 17 July 2025

Record Date  18 July 2025

Payment Date  1 August 2025

Dividend per Share  0.75 pence (Sterling)

 

Given the ongoing interest rate environment and macroeconomic events, the
Directors have given careful consideration to SMIF's projected income for the
year, balanced against their assessment of risks currently affecting the
markets and those inherent in achieving its target dividend payment of 6 pence
per share per annum.  Based on this analysis, the Directors believe that
dividends payable in respect of the year ending 30 September 2025 are likely
to be comfortably in excess of 6.5 pence per share, and consequently believe
it is appropriate to pay an additional 0.25 pence per share, in addition to
its regular monthly targeted dividend of 0.5 pence per share, for the period
ended 30 June 2025.

 

The Directors will continue to monitor the position during the remainder of
the year ending 30 September 2025 and, where possible to do so, will provide
appropriate updates on dividend expectations.

 

For further information, please contact:

 

Deutsche Numis:

 

George Shiel   +44 (0)20 7260 1000

Hugh Jonathan

 

TwentyFour Select Monthly Income Fund Limited:

 

Alistair Wilson  +44 (0)20 7015 8900

 

 

About SMIF:

SMIF is a London listed closed-ended investment company designed to take
advantage of the premium returns available from "less liquid" instruments
across the debt spectrum.

Visit the SMIF website at www.selectmonthlyincomefund.com for more
information.

 

 



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