NB Global Floating Rate Overview
- Status
-
Public
- Stock Symbol
-
NBMI

- 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
- Saint Peter Port
- Guernsey, United Kingdom
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 |
NB Global Floating Rate Board Members (1)
Name | Representing | Role | Since |
---|---|---|---|
0000000 000000 | NB Global Floating Rate | Board Member | 000 0000 |