NB Global Floating Rate Overview

  • Status
  • Public

  • Stock Symbol
  • NBMI

Stock Symbol
  • Share Price
  • $0.96

  • (As of Thursday Closing)

NB Global Floating Rate General Information

Description

NB Global Monthly Income Fund Ltd is a closed-ended investment company. Its investment objective is to provide its shareholders with consistent levels of monthly income while maintaining or increasing the Net Asset Value (NAV) per share over time. To achieve its investment objective, the company will invest in credit assets with the following target portfolio allocations: 50-70% in traditional credit, meaning high yield bonds, floating-rate loans, and investment-grade corporate bonds; and 30-50% in alternative credit, mezzanine debt, and private corporate loans issued directly to borrowers. Investments in alternative credit will not represent more than 50% of Net Asset Value at the time of investment. It invests in diversified industry sectors.

Contact Information

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Asset Management
Other Industries
Other Capital Markets/Institutions
Stock Exchange
LON
Primary Office
  • Saint Peter Port
  • Guernsey, United Kingdom

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NB Global Floating Rate Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.96 $0.99 $0.96 - $1.34 $237M 247M 526K $0.06

NB Global Floating Rate Financials Summary

In Thousands,
USD
TTM 31-Dec-2021 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 289,224 289,224 263,483 503,166
Revenue 19,128 19,128 4,885 81,127
Net Income 15,518 15,518 285 72,988
Total Assets 325,574 325,574 336,131 601,558
Total Debt 0 0 0 0
Public Fundamental Data provided by Morningstar, Inc. disclaimer

NB Global Floating Rate Board Members (1)

Name Representing Role Since
0000000 000000 NB Global Floating Rate Board Member 000 0000
To view NB Global Floating Rate’s complete board members history, request access »