Metrics Master Income Trust
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Metrics Master Income Trust (MXT) investor relations material

Metrics Master Income Trust H2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2026 earnings summary2 Oct, 2026

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.

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Frequently asked questions

Metrics Master Income Trust is an Australian investment trust that provides investors with exposure to a diversified portfolio of private credit and loan assets. Managed by Metrics Credit Partners, the trust focuses on generating regular income by investing in loans to Australian businesses across various sectors, including corporate, real estate, and infrastructure. The trust aims to deliver stable, income-driven returns through active management and a structured credit strategy, allowing investors access to the private debt market, which typically offers fixed-income opportunities not correlated with traditional equity markets. The trust is listed on the ASX and is managed from Sydney, Australia.