Metrics Master Income Trust (MXT) investor relations material

Executive summary

• Audited FY26 financial statements received an unqualified KPMG opinion; the audit announcement said the Responsible Entity and Metrics would consider findings and any further steps.

• FY26 profit was $144.931m; monthly distributions totalled 15.69 cents per unit, while the investment manager reported a 5.93% annual net return.

• A temporary cessation of applications and redemptions at underlying funds after year-end prevents acquiring or redeeming their units while in effect.

Financial highlights

• Profit for FY26 was $144.931m, compared with $169.605m in FY25; basic and diluted EPS was 11.84 cents versus 15.80 cents.

• Total investment income was $152.990m versus $176.566m; distribution income was $197.764m and fair-value revaluation losses were $47.075m.

• Total expenses were $8.059m versus $6.961m; total comprehensive income equalled profit at $144.931m.

• Total assets were $2.420bn versus $2.460bn; net assets attributable to unitholders were $2.404bn versus $2.444bn at 30 June.

• Distributions were $191.904m, or 15.69 cents per unit, versus $169.584m, or 15.77 cents; FY26 included $315m from capital raising.

Outlook and guidance

• Management intends to continue operating under the existing investment objectives and guidelines; returns are not guaranteed and future performance may differ from past results.

• The underlying funds’ temporary applications and redemptions pause restricts purchases and redemptions of their units for as long as it remains in place.