NB Distressed Debt Investment Fund Ltd (NBDX) Ordinary Shares - Extended Life Shares
Sell:$0.54
Buy:$0.60
0
Change:
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No change
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Prices as at close on 16 May 2024
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Sell:$0.54
Buy:$0.60
Change:
No change
No change
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Market closed |
Prices as at close on 16 May 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Sell:$0.54
Buy:$0.60
Change:
No change
No change
Market closed |
Prices as at close on 16 May 2024
Prices delayed by at least 15 minutes
|
Switch to live prices
|
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Objective
To provide investors with attractive risk-adjusted returns through long-biased, opportunistic exposure to stressed, distressed and special situation credit-related investments while seeking to limit downside risk by, amongst other things, focusing on senior and senior secured debt with both collateral and structural protection.
| Security | Weight |
|---|---|
| Dumas Shipping Tl B 15.00% 31/08/2022 | 13.68% |
| Package Holdings 1 | 8.73% |
| Ab Zwolle T/L Eur 31/05/2023 Frn2 | 8.55% |
| White Energy Holding Company Llc | 7.47% |
| Us Treasury N/B 1.500% 15/02/2030 | 6.33% |
| Buffalo Thunder Dev Auth 11.00% 12/09/22 Sr: Regs | 6.12% |
| Buffalo Thunder Dev Auth 11.00% 12/09/22 Sr: Tp Fe | 3.12% |
| Hotel Puerta America Pik Tl Eur 7.25% 09/01/2027 | 3.03% |
| Aca Fin Guaranty Corp 12-31/12/2022 Frn | 2.70% |
| Aca Fin Gur Sur Non Vt 12-31/12/2022 Frn | 2.51% |
Top 10 sectors currently unavailable.
Top 10 countries currently unavailable.
Fee Structure
Manager is entitled to a management fee, which shall accrue daily, and be payable monthly in arrears, at a rate of 0.125% per month of the NAV
Dividend Policy
The Company will pay out in respect of each class of shares an income distribution by way of dividend, comprising all net income received on investments of the Company attributable to such class of shares. It is not anticipated that income from the portfolio will be material and therefore any dividends may be on an ad-hoc basis.
ASSET SPLIT
Trust Manager
Michael Holmberg
Manager Bio
Not currently available for this investment trust.
Board Of Directors
John HallamChairman, Stephen Vakil, Michael Holmberg, Christopher Legge
Data policy - All information should be used for indicative purposes only. You should
independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete,
and accepts no responsibility for how it may be used.
Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.