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NB Global Monthly Income Fund Ltd (NBMI) Redeemable Ordinary NPV GBP

Sell:89.20p Buy:89.60p 0 Change: 0.40p (0.45%)
Market closed Prices as at close on 14 January 2022 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:89.20p
Buy:89.60p
Change: 0.40p (0.45%)
Market closed Prices as at close on 14 January 2022 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:89.20p
Buy:89.60p
Change: 0.40p (0.45%)
Market closed Prices as at close on 14 January 2022 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
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 its shareholders with consistent levels of monthly income, while maintaining or increasing the Net Asset Value per Share over time.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Country Weight
United States 8.60%
France 0.74%
Canada 0.73%

Fee Structure

Annual fee of 0.75% NAV for Company NAV up to GBP 500m, and 0.7% between GBP 500m to 750m, and 0.65% between GBP 750m to 1b, and 0.6% above GBP 1b. No performance fee. The contract is terminable on 6 months notice.

Dividend Policy

The Company seeks, in each financial year, to distribute amounts to shareholders by way of monthly dividends equal in aggregate to the target distribution for that year. The Board expects that dividends will be paid out of net cash income and net realised investment profits of the Company.

ASSET SPLIT

Total number of holdings: 447.

Trust Manager

Joseph Lynch

Manager Bio

Joseph Lynch, Managing Director, joined the firm in 2002. Joe is a Senior Portfolio Manager for Non-Investment Grade Credit focusing on loan portfolios. In addition, he sits on the Credit Committee for Non-Investment Grade Credit and serves on Neuberger Berman’s Investment Risk Committee. Joe was a founding partner of LightPoint Capital Management LLC, which was acquired by Neuberger Berman in 2007. Prior to joining LightPoint, he was employed at ABN AMRO where he was responsible for structuring highly leveraged transactions. Joe earned a BS from the University of Illinois and an MBA from DePaul University.

Board Of Directors

Rupert DoreyChairman, David Staples, Marie-Laure Duhot

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'.