Bestinvest Logo
Learning
IT

Back to result

NB GLOBAL MONTHLY INCOME FUND LIMITED

Bestinvest LogoA global portfolio of senior secured loans which have coupons that are linked to changes in interest rates.

SELL

68p

BUY

70p

CHARGE PER TRADE

£4.95

TODAY'S CHANGE

-2.10%

OCF

1.1%

YIELD

8.8%

1 YEAR
8.52%
Invest Now

Prices as at 28 Nov 2023.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

A LSE-listed, Guernsey registered company investing in a portfolio of senior secured loans from the US and Euro markets. The loans are floating rate securities whose payments are linked to LIBOR. The fund's returns are mainly in the form of income, with some capital growth possible. Dividends are likely to be linked to LIBOR and currently expects to pay 5p pa. Non sterling denominated loans are hedged.

Fund summary

SectorDebt - Loans & Bonds
StructureINVESTMENT COMPANY
LaunchedApril 2011
Size£54m
Yield8.8%
Dividends paidMonthly

Charges

Annual Management Charge0.75%
Ongoing Charges Figure1.1%

Investment Process

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning