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TwentyFour Income Fund Ltd GBP (TFIF) AI Stock Analysis
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TwentyFour Income Fund Ltd GBP
(LSE:TFIF)
The score is driven primarily by solid financial footing (low leverage and strong balance sheet) and attractive valuation for income investors (very high dividend yield with a moderate P/E). Offsetting these positives, financial results and cash flows have been inconsistent across years, and technical signals indicate only mild—not strong—positive momentum.
TwentyFour Income Fund Ltd GBP (TFIF) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 976.75M
- Dividend Yield
- 10.26%
- Average Volume (3M)
- 1.88M
- Price to Earnings (P/E)
- 14.8
- Beta (1Y)
- 0.14
- Revenue Growth
- -18.93%
- EPS Growth
- -49.21%
- Country
- UK
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Asset Management - Income
TwentyFour Income Fund Ltd GBP Business Overview & Revenue Model
Company Description
TwentyFour Income Fund Limited is a closed-end investment vehicle, established in Guernsey on March 6, 2013, and initially launched by Numis Securities Limited. The fund is professionally managed by TwentyFour Asset Management LLP, with a strategic f...
How the Company Makes Money
TFIF makes money by earning investment income and investment gains from its portfolio of securitised credit instruments, and distributing a portion of net income to shareholders as dividends. Its primary revenue stream is interest and coupon income r...
TwentyFour Income Fund Ltd GBP Financial Statement Overview
Summary
Strong solvency and capital structure (very low leverage and stable equity) support a high balance sheet score (88). However, profitability and cash generation are volatile: a loss and negative cash flow in 2023 plus a sharp step-down in 2026 revenue and free cash flow weigh on the income statement (62) and cash flow (58) quality.
Income Statement
62PositiveBalance Sheet
88Very PositiveCash Flow
58Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 90.78M | 90.78M | 106.86M | 137.63M | 37.53M | -20.80M |
| Gross Profit | 83.81M | 83.81M | 106.24M | 137.37M | 32.79M | -21.03M |
| EBITDA | 55.33M | 54.83M | 104.73M | 136.73M | 36.63M | -21.61M |
| Net Income | 54.83M | 54.83M | 104.73M | 136.01M | 36.30M | -22.60M |
Balance Sheet | ||||||
| Total Assets | 981.09M | 981.09M | 874.38M | 839.53M | 760.24M | 775.88M |
| Cash, Cash Equivalents and Short-Term Investments | 61.61M | 61.61M | 24.61M | 826.50M | 59.71M | 27.24M |
| Total Debt | 2.89M | 2.89M | 4.17M | 14.09M | 15.09M | 49.83M |
| Total Liabilities | 54.56M | 54.56M | 30.59M | 25.99M | 41.76M | 49.83M |
| Stockholders Equity | 926.53M | 926.53M | 843.79M | 813.54M | 718.48M | 724.98M |
Cash Flow | ||||||
| Free Cash Flow | 56.76M | 10.80M | 96.50M | 69.86M | 54.45M | -91.84M |
| Operating Cash Flow | 56.76M | 10.80M | 96.50M | 69.86M | 54.45M | -91.84M |
| Investing Cash Flow | -46.43M | -46.43M | 18.92M | -4.02M | 20.46M | -112.57M |
| Financing Cash Flow | 26.66M | 26.66M | -85.03M | -83.96M | -6.27M | 60.64M |
TwentyFour Income Fund Ltd GBP Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TFIF, the sentiment is Negative. The current price of 105.40 is below the 20-day moving average (MA) of 106.37, below the 50-day MA of 106.42, and above the 200-day MA of 104.52, indicating a neutral trend. The MACD of -0.22 indicates Positive momentum. The RSI at 36.30 is Neutral, neither overbought nor oversold. The STOCH value of 11.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TFIF.
TwentyFour Income Fund Ltd GBP Peers Comparison
Overall Rating
- GB:TFIF74Outperform
GB:HHI73Outperform
GB:FGT70Outperform
GB:SMIF67Neutral
GB:MGCI66Neutral
GB:SEIT49Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| GB:TFIF | 74Outperform | GBP 976.75M | 14.82 | 6.11% | 10.26% | -18.93% | -49.21% |
| GB:HHI | 73Outperform | GBP 349.21M | 7.92 | 13.14% | 5.40% | 2.56% | 5.22% |
| GB:FGT | 70Outperform | GBP 828.00M | -5.14 | -19.34% | 2.47% | -491.36% | -800.21% |
| GB:SMIF | 67Neutral | GBP 310.04M | 14.24 | 5.95% | 8.14% | 15.29% | -41.74% |
| GB:MGCI | 66Neutral | GBP 183.02M | 13.17 | 7.06% | 7.98% | -9.41% | -21.45% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| GB:SEIT | 49Neutral | GBP 347.33M | -3.98 | -9.74% | 19.84% | -19.35% | -224.61% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:TFIF | TwentyFour Income Fund Ltd GBP | 105.40 | 4.32 | 4.27% | |
| GB:FGT | Finsbury Gwth & Inc Shs | 849.00 | 22.35 | 2.70% | |
| GB:SEIT | SDCL Energy Efficiency Income Trust Plc | 32.00 | -25.61 | -44.46% | |
| GB:MGCI | M&G Credit Income Investment Trust Plc | 89.00 | 1.28 | 1.46% | |
| GB:HHI | Henderson High Income Trust PLC | 206.00 | 29.49 | 16.71% | |
| GB:SMIF | TwentyFour Select Monthly Income Fund Ltd 2014-17.2.15 GBP Ptg.Shs | 81.90 | 1.59 | 1.98% |
TwentyFour Income Fund Ltd GBP Corporate Events
TwentyFour Income Fund Raises £1.63m Through New Share Issue
PositiveTwentyFour Income Fund Limited has issued 1,500,000 new ordinary shares at 108.58 pence each under its blocklisting facility, raising £1.63 million before costs to meet strong market demand and fund further investments aligned with its existing...
TwentyFour Income Fund Raises £3.26m Through New Share Issue
PositiveTwentyFour Income Fund Limited has issued 3,000,000 new ordinary shares at 108.58 pence per share under its blocklisting facility, raising £3.26 million before costs to meet strong market demand and fund further investments in line with its stat...
TwentyFour Income Fund Releases September 2026 Monthly Factsheet and Commentary
PositiveTwentyFour Income Fund Limited announced the publication of its monthly factsheet and commentary for the period ended September 2026, available via its website for professional and institutional investors. The update provides investors with detailed...
TwentyFour Income Fund Raises £4.3m Through New Share Issue
PositiveTwentyFour Income Fund Limited has issued 4,000,000 new ordinary shares at 108.58 pence each under its blocklisting facility, raising gross proceeds of £4.34 million to deploy in line with its investment policy. The move is designed to meet stro...
TwentyFour Income Fund Confirms Total Voting Rights at Over 926 Million Shares
NeutralTwentyFour Income Fund Limited has confirmed that its issued share capital as of 30 September 2026 comprised 926,705,296 ordinary shares, each carrying one voting right, with no shares held in treasury. This establishes the company’s total voti...
TwentyFour Income Fund Raises £3.26m Through New Share Issue
PositiveTwentyFour Income Fund Limited has expanded its share capital to meet strong market demand and support further investment in line with its asset-backed securities strategy. The FTSE 250-listed fund focuses on less liquid, higher-yielding structured c...
TwentyFour Income Fund Mourns Death of Senior Independent Director
NegativeTwentyFour Income Fund Limited, a FTSE 250-listed investment company, focuses on generating income-driven, risk-adjusted returns from a diversified portfolio of asset-backed securities in the U.K., Europe, the U.S. and Australia. The fund targets inv...
TwentyFour Income Fund Publishes August 2026 Monthly Factsheet and Commentary
NeutralTwentyFour Income Fund Limited has released its monthly factsheet and commentary for the period to the end of August 2026, providing updated data and analysis on the portfolio of UK, European, U.S., and Australian asset-backed securities. The publica...
TwentyFour Income Fund Wins Strong Shareholder Backing for Capital Flexibility at AGM
PositiveTwentyFour Income Fund Limited reported that all resolutions at its Annual General Meeting on 10 September 2026 were duly passed, with proxy votes representing about 42.15% of the issued share capital and overwhelming support across both ordinary and...
TwentyFour Income Fund Chair Takes New Non-Executive Role at EJF Investments
PositiveTwentyFour Income Fund Limited, a FTSE 250-listed investment company, specialises in less liquid, higher-yielding asset-backed securities across the UK, Europe, the US and Australia. Its core objective is to deliver attractive risk-adjusted returns m...
TwentyFour Income Fund Confirms Total Voting Rights and Share Capital
NeutralTwentyFour Income Fund Limited has confirmed that, as of 31 August 2026, its issued share capital comprises 923,705,296 ordinary shares, each carrying one voting right, and the company holds no shares in treasury. This disclosure sets the official to...
TwentyFour Income Fund Updates Investors with July 2026 Factsheet
PositiveTwentyFour Income Fund Limited has published its monthly factsheet and commentary for the period to the end of July 2026, providing updated information on portfolio composition and performance. The documents, available via the company’s website...
TwentyFour Income Fund Sets Date for 2026 Annual General Meeting
PositiveTwentyFour Income Fund Limited has called its 2026 Annual General Meeting for 10 September 2026 at the offices of Northern Trust International Fund Administration Services in St Peter Port, Guernsey. The formal notice and proxy form have been dispatc...
TwentyFour Income Fund Raises £1.08m via New Share Issue to Expand ABS Portfolio
PositiveTwentyFour Income Fund Limited has issued 1,000,000 new ordinary shares at 107.87 pence per share, raising £1.08 million before costs to meet investor demand and fund further investments in line with its asset-backed securities strategy. The new...
TwentyFour Income Fund Raises £1.08m Through New Share Issue to Meet Investor Demand
PositiveTwentyFour Income Fund Limited has issued 1,000,000 new ordinary shares at 107.87 pence per share under its blocklisting facility, raising gross proceeds of £1.08 million to deploy in line with its existing investment policy. The move responds t...
TwentyFour Income Fund updates market on total voting rights and share capital
NeutralTwentyFour Income Fund Limited has confirmed that, as of 31 July 2026, its issued share capital consists of 919,205,296 ordinary shares, each carrying one voting right. The company holds no shares in treasury, meaning the full share count represents...
TwentyFour Income Fund Raises £2.69m Through New Share Issue
PositiveTwentyFour Income Fund Limited has issued 2,500,000 new ordinary shares at 107.64 pence per share, raising approximately £2.69 million before costs to meet investor demand and deploy fresh capital in line with its investment policy. The move und...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 19, 2026