NB Global Floating Rate GBP (Ordinary Share) NBLS

Sector Specialist: Securitised Debt

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Estimated NAV

96.00

Share Price

95.60

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
NB Global Floating Rate GBP (Ordinary Share) Price 2.82%
NB Global Floating Rate GBP (Ordinary Share) NAV 10.24%
FTSE World 45.22%
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 95.8 0.2% 96.00 94.00
30 Jun
100% 4.38%

Discrete performance % over

Fund / BenchmarkJan '14
Dec '14
Jan '15
Dec '15
Jan '16
Dec '16
NB Global Floating Rate GBP (Ordinary Share) Price-4.44-0.638.27
NB Global Floating Rate GBP (Ordinary Share) NAV3.990.445.55
FTSE World13.014.6022.86

Discrete performance over

Discrete Performance

Top 10 Holdings

Valeant Pharmaceuticals 2.64%
First Data Corp 1.99%
Energy Transfer Equity 1.59%
Avago Technologies Ltd 1.46%
Community Health Systems 1.27%
SFR 1.25%
Intelsat Jackson 1.13%
Texas Energy Future Holdings 1.12%
Pharmaceutical Prod. Dev 0.99%
Reynolds Group 0.98%

Sectors weighting

Miscellaneous 33.00%
Business Services 10.60%
Electricals 8.50%
Financial Services 7.20%
Healthcare 6.90%
Broadcasting & Cable TV 6.40%
Hotels & Leisure 6.40%
Glass & Ceramics 5.90%
Pharmaceuticals 5.50%
Utilities 5.30%
Telecommunications 4.30%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 20 Apr 2011
  • Currency GBX
  • Domicile Guernsey
  • Share Price 95.60
  • Share Type Ordinary Share
  • TIDM NBLS
  • ISIN GG00B3KX4Q34
  • Shares Issued (M) 1,017
  • Market Capital (£M) 974.16
  • Gross Assets (£M) 971.80
  • Net Assets (£M) 971.80
  • TER (%) 0.89
  • Historic Dividend Yield (%) 4.38
  • Last AGM 15 Jun 2016
  • Next AGM 15 Jun 2017
  • Last Annual Report Date 02 May 2016
  • Next due Report Date 31 Dec 2016
  • Next due Report Type A/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:

  • Daniel Doyle Start: 20 Apr 2011
  • Joseph P. Lynch Start: 20 Apr 2011
  • Martin Rotheram Start: 20 Apr 2011
  • Stephen J. Casey Start: 20 Apr 2011
  • Management Contract & Fees:

    The Investment Manager will receive an annual fee of 0.75% for NAV lower than £ 1,000m; 0.7% for assets between £ 1,000m and £ 2,000m; 0.65% for assets greater than £ 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.