LON:NBLSNB Global Floating Rate Income Fund Share Price, Forecast & News

GBX 77.50

+0.60 (+0.78 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

76.30

Now: GBX 77.50▼

77.50

50-Day Range

66.90

MA: GBX 72.30▼

52-Week Range

0.82

Now: GBX 77.50▼

95.13

Volume4.40 million shs

Average Volume2.78 million shs

Market Capitalization£320.59 million

P/E RatioN/A

Dividend Yield4.46%

BetaN/A

NB Global Floating Rate Income Fund Limited is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Europe Limited. The fund is co-managed by Neuberger Berman Investment Advisers, LLC. It invests in fixed income markets across the globe. The fund primarily invests in floating rate senior secured loans issued in U.S. Dollars, Sterling, and Euros by corporations, partnerships, and other business issuers. It seeks to invest in non-investment grade securities that are rated below the four highest categories by at least two independent credit rating agencies. The fund employs fundamental analysis with both bottom-up and top-down approaches, focusing on detailed security and industry analysis with a global economic outlook to create its portfolio. NB Global Floating Rate Income Fund Limited was formed on March 10, 2011 and is domiciled in Guernsey.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for NB Global Floating Rate Income Fund.

2.3 Community Rank

Outperform Votes
NB Global Floating Rate Income Fund has received 74 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NB Global Floating Rate Income Fund has received 86 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NB Global Floating Rate Income Fund has received 53.75% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about NB Global Floating Rate Income Fund and other stocks. Vote “Outperform” if you believe NBLS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NBLS will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
NB Global Floating Rate Income Fund is a leading dividend payer. It pays a dividend yield of 4.46%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
NB Global Floating Rate Income Fund does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NB Global Floating Rate Income Fund insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.79 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolLON:NBLS

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.nbgfrif.com

Phone44 20 3214 9000

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares413,659,008

Market Cap£320.59 million

Next Earnings Date8/11/2020 (Estimated)

OptionableNot Optionable

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NB Global Floating Rate Income Fund (LON:NBLS) Frequently Asked Questions

How has NB Global Floating Rate Income Fund's stock been impacted by COVID-19 (Coronavirus)?

NB Global Floating Rate Income Fund's stock was trading at GBX 80.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NBLS shares have decreased by 4.1% and is now trading at GBX 77.50. View which stocks have been most impacted by Coronavirus.

When is NB Global Floating Rate Income Fund's next earnings date?

NB Global Floating Rate Income Fund is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for NB Global Floating Rate Income Fund.

How often does NB Global Floating Rate Income Fund pay dividends? What is the dividend yield for NB Global Floating Rate Income Fund?

NB Global Floating Rate Income Fund announced a dividend on Wednesday, April 8th. Investors of record on Thursday, April 23rd will be paid a dividend of GBX 1.11 per share on Friday, May 29th. This represents a yield of 1.61%. The ex-dividend date is Thursday, April 23rd. This is an increase from NB Global Floating Rate Income Fund's previous dividend of GBX 1.02. The official announcement can be seen at this link. View NB Global Floating Rate Income Fund's dividend history.

Has NB Global Floating Rate Income Fund been receiving favorable news coverage?

Media stories about NBLS stock have trended somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. NB Global Floating Rate Income Fund earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutNB Global Floating Rate Income Fund.

Who are some of NB Global Floating Rate Income Fund's key competitors?

Some companies that are related to NB Global Floating Rate Income Fund include Bankers Investment Trust (BNKR), MCP Master Income Trust (MXT), United Co.s (UNC), Canoe EIT Income Fund (EIT.UN), Jupiter Fund Management (JUP), Bbgi Sicav (BBGI), Investec (INVP), Bki Investment (BKI), Australian United Investment (AUI), Fidelity European Values (FEV), Herald Investment Trust (HRI), Fiera Capital (FSZ), Aberdeen Asia-Pacific Income Fund (FAX), Sprott (SII) and Fairfax India (FIH.U). View all competitors.

Who are NB Global Floating Rate Income Fund's key executives?

NB Global Floating Rate Income Fund's management team includes the following people:

Mr. Joseph P. Lynch, Portfolio Mang.
Mr. Stephen J. Casey CFA, Portfolio Mang.
Mr. Martin Rotheram, Portfolio Mang.
Mr. Daniel Doyle, Portfolio Mang.

What is NB Global Floating Rate Income Fund's stock symbol?

NB Global Floating Rate Income Fund trades on the London Stock Exchange (LON) under the ticker symbol "NBLS."

How do I buy shares of NB Global Floating Rate Income Fund?

Shares of NBLS and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What is NB Global Floating Rate Income Fund's stock price today?

One share of NBLS stock can currently be purchased for approximately GBX 77.50.

How big of a company is NB Global Floating Rate Income Fund?

NB Global Floating Rate Income Fund has a market capitalization of £320.59 million.

What is NB Global Floating Rate Income Fund's official website?

The official website for NB Global Floating Rate Income Fund is www.nbgfrif.com.

How can I contact NB Global Floating Rate Income Fund?

NB Global Floating Rate Income Fund's mailing address is Lansdowne House, 57 Berkeley Square, LONDON, W1J 6ER, United Kingdom. The company can be reached via phone at 44 20 3214 9000.

This page was last updated on 5/24/2020 by MarketBeat.com Staff