11th May 2016 07:26
LONDON (Alliance News) - Neuberger Berman Global Floating Rate Income Fund Ltd on Wednesday said its net asset value per share as of April 30 was GBP95.51, with a portfolio yield of 4.75%, 313 investments and 236 issuers.
As of April 30, its investments, excluding cash, were split 93.18% in dollars, 4.75% in euros, 2.07% in sterling. It had 4.34% allocated to bonds out of the maximum 20% allowable, and was invested primarily in B (39.00%) and BBB/BB (54.32%) rated investments.
The FTSE 250 closed-ended investment company targets income generation whilst seeking to preserve investors' capital and give protection against rising interest rates.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
NBLS.L