Questions & Answers

TwentyFour Income is the largest trust in the AIC Structured Finance sector. It has offered to buy back shares at 2% below NAV. It is currently on a discount of 3.4%, the lowest in its sector, and is yielding 7%. As I invest for income I would like to keep the shares but should I be concerned about the effect of increasing interest rates on the company's financing costs and the safety of its dividend?