Twentyfour Select Monthly Income (SMIF)

[yieldhog]

I noticed today that we got 0.75p instead of the 0.50p expected. I had forgotten the extra 0.25p promised back in April.
Nice surprise all the same.
Y

[88V8]

My second-highest IT holding, a short nose behind NCYF.
When I look at the SP gain + divi received it gives me that nice glow of being reminded that occasionally I get something right.

V8

[DrFfybes]

My second-highest IT holding, a short nose behind NCYF.
When I look at the SP gain + divi received it gives me that nice glow of being reminded that occasionally I get something right.

V8

SP gain?

Looking at the chart they've declined steadily by about 20% over the last decade, only in the last year has any real headway been made up 15%, taking it back to the heady heights of 18 months ago.

Although with that level of Divi it isn't a bad performance.

Paul

[88V8]

My second-highest IT holding, a short nose behind NCYF.
When I look at the SP gain + divi received it gives me that nice glow of being reminded that occasionally I get something right.

SP gain?
Looking at the chart they've declined steadily by about 20% over the last decade, only in the last year has any real headway been made up 15%, taking it back to the heady heights of 18 months ago.

Given that it's a fixed interest IT, one would expect it broadly to run an inverse track vs interest rates.
Some of my fixed interest pfo, I rode the wave up and down and just pocketed the income, this one I came in pretty near the bottom, and hopefully will get out somewhere near the top.

V8

[moorfield]

My second-highest IT holding, a short nose behind NCYF.
When I look at the SP gain + divi received it gives me that nice glow of being reminded that occasionally I get something right.

V8

SP gain?

Looking at the chart they've declined steadily by about 20% over the last decade, only in the last year has any real headway been made up 15%, taking it back to the heady heights of 18 months ago.

Although with that level of Divi it isn't a bad performance.

Paul

Be warned - the 0.75p interim is a bit of wool-pulling, as the dividend for the whole year at ~6.50p will actually be less than last year.

Don't hold SMIF for capital gains - it's an income oriented debt portfolio after all - be realistic about that. So you will make your TR by investing your divis elsewhere.

I hold both NCYF and SMIF in my PHY.