NB GLOBAL MONTHLY INCOME FUND LIMITED
A 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%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
| Sector | Debt - Loans & Bonds |
|---|---|
| Structure | INVESTMENT COMPANY |
| Launched | April 2011 |
| Size | £54m |
| Yield | 8.8% |
| Dividends paid | Monthly |
Charges
| Annual Management Charge | 0.75% |
|---|---|
| Ongoing Charges Figure | 1.1% |
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