Fact sheet: NB GlbRateIncFdLtd

Fund information

Fund name
NB Global Floating Rate Income Red Ord USD
Fund company manager
Neuberger Berman
Fund type
ITR
Fund manager
Joseph Lynch
since 20/04/2011
Fund objective
The Neuberger Berman Global Floating Rate Income Fund Limited targets income generation whilst seeking to preserve investors’ capital and give protection against rising interest rates. The Fund’s managers seek to generate this yield by investing in a global portfolio of below investment grade senior secured corporate loans with selective use of senior secured bonds, diversified by both borrower and industry. The Fund is managed by four experienced Portfolio Managers backed by what we believe to be one of the largest and most experienced credit teams in the industry
Benchmark
No Specified Index
Investment style
-
Investment method
None

Performance snapshot

Quick stats

1 Year return

10.76 %

1 Year rank in sector

12/23

Sector

IT Debt

Yield

3.9401

Fund size

£ 995.2 m

FE Risk score

87

NAV

0.9884

Discount/Premium

+1.4265

Gearing

100

Top in sector

Holdings snapshot

  • International
    100%
  • Debt
    95.24%
  • Fixed Interest
    4.76%
  • Global Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.99 %4.63 %11.03 %9.72 %26.74 %
Sector1.26 %6.43 %16.61 %15.39 %26.62 %
Rank within sector24 / 2717 / 2412 / 238 / 114 / 5
Quartile th4 th3 rd3 rd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund3.31 %12.25 %-4.37 %-3.12 %9.38 %
Sector5.16 %11.29 %-2.57 %2.38 %9.15 %
Rank within sector19 / 254 / 239 / 1410 / 104 / 6
Quartile th4 th1 st3 rd4 th3 rd

Risk statistics

Alpha-2.1
Beta1.23
Sharpe-0
Volatility9.74
Tracking error7.82
Information ratio-0.18
R-Squared0.36

Price movement

52 week high1.05
52 week low0.91
Current bid price0.9975
Current offer price1.0075
Current mid price1.0025

Holdings by region

  • 100% International

Holdings by sector

  • 95.24% Debt
  • 4.76% Fixed Interest

Holdings by asset type

  • 100% Global Fixed Interest

Individual holdings

-