NB Global Floating Rate GBP (Ordinary Share) NBLS

Sector Specialist: Securitised Debt

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Estimated NAV (p)

99.00

Share Price (p)

98.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
NB Global Floating Rate GBP (Ordinary Share) Price 15.35%
NB Global Floating Rate GBP (Ordinary Share) NAV 23.78%
FTSE World 56.15%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 97.9p -1.4% 99.00p 99.00p
22 Aug
100% 4.25%

Discrete performance % over

Fund / BenchmarkSep '11
Aug '12
Sep '12
Aug '13
Sep '13
Aug '14
NB Global Floating Rate GBP (Ordinary Share) Price9.1711.13-4.92
NB Global Floating Rate GBP (Ordinary Share) NAV15.334.033.17
FTSE World15.7520.3812.07

Discrete performance over

Discrete Performance

Top 10 Holdings

Univision Communications Inc 2.12%
First Data Corp 2.08%
Numericable 1.95%
Clear Channel Communications, Inc. 1.54%
Station Casinos 1.40%
Level 3 Financing Inc 1.34%
Casema N.V. (Dutch Cable) 1.29%
Springer Science + Business Me Usd Term 1.14%
US Foodservice, Inc. 1.03%
Cumulus Media, Inc. A 1.01%

Sectors weighting

Miscellaneous 40.30%
Business Services 10.90%
Cinemas & Pubs 9.00%
Broadcasting & Cable TV 8.60%
Electricals 6.20%
Financial Services 6.10%
Healthcare 5.50%
Retail General 5.00%
General Industrials 4.40%
Telecommunications 4.10%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 20 Apr 2011
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) 98.00
  • Share Type Ordinary Share
  • TIDM NBLS
  • ISIN GG00B3KX4Q34
  • Shares Issued (M) 1,251
  • Market Capital (£M) 1224.56
  • Gross Assets (£M) 1241.27
  • Net Assets (£M) 1241.27
  • TER (%) 0.84
  • Historic Dividend Yield (%) 4.25
  • Next Dividend Date 09 Oct 2014
  • Next Dividend (p) 0.89
  • Last AGM 18 Jun 2014
  • Next AGM 18 Jun 2015
  • Last Annual Report Date 13 May 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To provide regular dividends, while growing the capital value of its portfolio by investing in floating rate senior secured loans issued by North American and European Union corporations, partnerships and other business issuers.
  • Management Group(s):

  • BNP Paribas Fund Services
  • Neuberger Berman Europe Limited
  • Managed by:

  • Team Managed Start: 20 Apr 2011
  • Team Managed Start: 31 Jan 2012
  • Team Managed Start: 20 Apr 2011
  • Team Managed Start: 20 Apr 2011
  • Management Contract & Fees:

    The Investment Manager will receive an annual fee of 0.75% for NAV lower than GBP 1,000m; 0.7% for assets between GBP 1,000m and GBP 2,000m; 0.65% for assets greater than GBP 2,000m p.a., payable quarterly in arrears. No performance fee will be payable to the Investment Manager. The Investment Management Agreement is terminable by either the Investment Manager or the Company giving to the other not less than six months written notice. It is currently expected that administration and custody fees will not exceed 0.2 % of NAV in any year.