NB Global Floating Rate Income USD Ord

The Company’s investment objective is to provide its shareholders with regular dividends, at levels that are sustainable, whilst preserving the capital value of its investment portfolio, utilising the investment skills of the Investment Managers. The company will invest in floating rate senior secured loans issued in US Dollars, Sterling and Euros by North American and European Union corporations, partnerships and other business issuers. These loans will at the time of investment often be non-investment grade. The company will focus on loans of issuers that are believed to have the ability to generate cash flow through a full business cycle, maintain adequate liquidity, possess an enterprise value in excess of senior debt and have access to both debt and equity capital.

Key stats

Management firm  Neuberger Berman
Domicile  Guernsey
Fund Administrator  BNP Paribas Fund Services Ltd
Global Branding Name  Neuberger Berman
12 month yield  3.64%
Fund currency  USD
Launch Date  2011-04-20
ISIN  GG00B3P7S359
SEDOL  B3P7S35
Manager 1 Name  Managed Team
Fund Strategy  Global Bond - USD Biased
Benchmark  S&P/LSTA Leveraged Loan TR
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-11-30
Return - 1 Month  0.24%
Return - 2 Months  1.65 %
Return - 3 Months  0.89%
Return - 6 Months  1.38 %
Return - 9 months  2.81 %
Return - 12 Months  2.65%
Annualized return 24 months  4.06 %
Annualized return 36 months  6.86 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  4.69%
Return YTD  3.56%

Ratings

Morning Star Rating Date   2014-10-31
Morning Star Rating - 36 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - Overall  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  0.75 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact name  Tom McDonough
Contact Address  Neuberger Berman
Contact Address 2  605 Third Avenue
Contact Address 3  New York
Contact city  New York
Contact country  United States
Fund Admin Group  Neuberger Berman
Web Address  www.nb.com
Phone  212-476-9000

Price

Last Price Date  2014-12-04
Pre-tax nav  1.01
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $-0.00
Price change (percentage)  -0.25 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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