Twentyfour Income Share Discussion Threads

[peterbill] 02/2/2024 11:47

Received divi in aj bell account today

Edit ... wrong thread

[mcunliffe1] 28/1/2024 14:56

Good one petewy.

[petewy] 28/1/2024 13:07

Top 10 Holdings
Uk Mortgages Corp Fdg Dac Kpf2 A 0.0% 31/07/2070 3.77%
Uk Mortgages Corp Fdg Dac Kpf1 A 0.0% 31/07/2070 3.37%
Uk Mortgages Corp Fdg Dac Chl1 A 0.0% 31/07/2070 3.25%
Tulpenhuis 0.0% 18/04/2051 2.31%
Vsk Holdings Ltd Var 31/7/2061 1.78%
Optimum Three Ltd '3 Mez6' Frn 25/4/2023 1.74%
Syon Securities 19-1 B Clo Flt 19/07/2026 1.73%
Uk Mortgages Corp Fdg Tml1 A 0.0% 31/07/2070 1.68%
Eqty. Release Fndg. No 5 '5 B' Frn 14/07/2050 1.68%
Charles Street Conduit Frn 0.00% 12/04/2067 1.56%

see
hxxps://uk.citywire.com/investment_trust_insider/investment-trusts/investment-trust-factsheet.aspx?FundID=3689

[hedgefundkick] 27/1/2024 22:05

Can someone point out where I could find the constituents please? It's a great looking player, by AJ Bell and HL don't say what's in it.

[panshanger1] 23/12/2023 04:40

All quiet here This has made a decent recovery I now have this at 52 week high and trading about par

[mcunliffe1] 13/11/2023 11:17

I secure-messaged Interactive Investor and they have responded to state that TFIF has recently been removed from the DRIP scheme 'due to its complexity'.

[mcunliffe1] 13/11/2023 09:50

Morning all.
I received the most recent dividend into my ii SIPP account on 3rd November 2023.

It has yet to be re-invested which is my current instruction to ii.

Is anybody else invested with ii having the same issue?

Thanks in advance.

[mcunliffe1] 03/11/2023 12:01

Likewise with ii in my SIPP.

[cowie19] 03/11/2023 10:02

Dividend in the account this morning.

[mcunliffe1] 13/10/2023 09:57

nerja: I did a similar poke. Also, a week prior to that purchase in late May 2023 I did the same amount in RECI. It also pays four divi's a year and both RECI and TFIF seem to have a payout cycle that is 5 days adrift of each other.

[nerja] 13/10/2023 09:21

Mcunliffe1 , thanks a lot just put a toe poke 3k purchase in.

[mcunliffe1] 13/10/2023 09:18

nerja: I can confirm my original purchase of this stock did NOT charge Stamp Duty.
I can offer no further insight other than they pay a divi 4 times a year. The most recent was in my account on 8th August 2023. I believe the next one will about 3rd Nov.

[nerja] 13/10/2023 07:39

Looking at this, got Smif, bips plenty of prets but. For some reason always passed this by. Cam anybody give me an insight into its pros/ cons please.
Is it stamp duty free, I can’t see any gearing but that might be me, I see the currency risk, TIA

[my retirement fund] 14/9/2023 21:45

99.4 pence on the closing auction. That was a strong finish, from the August commentary I was thinking wouldn't mind some of those myself:

August was a reasonably quiet month for the portfolio managers. The Fund added some rare prime UK RMBS mezzanine bonds at a yield of around 11%. With the Fund fully invested in line with asset allocation, the PMs are confident it is well positioned to be involved in the forthcoming primary market, with slightly elevated levels of liquidity, reduced gearing and upcoming bond maturities. The strong technical remains in the market, which the PMs believe should help underpin spreads in the near term. Secondary flows were quieter over the month and liquidity was robust. The Fund returned 1.48% for the month with three-year volatility at 6.59%.

[panshanger1] 31/7/2023 11:34

Big line gone through

[cc2014] 10/7/2023 15:03

Nope that's not correct. Most of the investments are floating rate.

The fall in share price is due to perceptions on credit risk.

[spangle93] 10/7/2023 15:01

Thanks - I appreciated your responses explain the YTD performance, it was the sudden 6-8% drop and the drop to a discount vs NAV that I didn't follow

[future financier] 10/7/2023 14:59

This is akin to a fixed interest stock - so if interest rates available elsewhere rise then the price of this stock must reduce to achieve the same yield.

[cc2014] 10/7/2023 14:07

#205. I suggest you take a look at the underlying investments

[spangle93] 10/7/2023 13:11

What's caused the recent drop in these shares?
It's rare to find TFIF trading any discount, let alone 6% vs the last NAV update

[campervan1] 25/5/2023 08:31

Cheers, finally got there.

[mcunliffe1] 24/5/2023 22:35

Try this link campervan1: