NB Global Monthly Income Fund Ltd is a closed-ended investment company incorporated in Guernsey. It was founded in the year 2011, and was previously known as NB Global Floating Rate Income Fund Ltd. Its headquarters are situated in London, United Kingdom, and it is listed and traded on the main market of London Stock Exchange publicly. The company aims at building a high quality and diversified portfolio and invests majorly in senior secured loans with floating interest rates that are issued mainly by North American corporations and European Union corporations and other business issuers. These senior secured loans are issued in US Dollars, Euros and Pound Sterling.
The ultimate investment objective of the company is to maximize the long-term risk-adjusted returns for all its stakeholders, while creating sustainable value for the business as well as the wider community. It aims at growth in the dividends of shareholders and returns from investments, while maintaining its portfolio’s capital value. The investment manager of NB Global Monthly Income Fund Ltd is Neuberger Berman Europe Limited. While the alternative investment fund manager of the Company is Neuberger Berman Investment Advisers LLC. Neuberger Berman was founded in the year 1939 with the sole objective of delivering long-term investment returns. It has a skilled and diverse workforce of 2,300 employees, including 600 investment professionals, who are spread across 25 countries, and deliver multi-asset class solutions for equities, fixed income, hedge funds and liquid alternatives, real estate, private equity, private credit, specialty alternatives, and private real estate.
The portfolio managers use their skills and knowledge to analyze the trends in the market and take sound investment decisions. The investments are made in a wide range of assets, which include credit assets, which include investment grade and high yield bonds, and alternative credit, which includes private corporate loans, mezzanine loans, and distressed debt. Out of the total asset allocation in the portfolio, 30-50% is covered by alternative credit which has less liquidity, while 50-70% is covered by traditional credit which has comparatively higher liquidity.
NB Global Monthly Income Fund Ltd follows high standards of corporate governance and aligns itself with the Companies (Guernsey) Law, 2008. It has an ethical code of conduct for running its business operations, and upholds the culture of trust, integrity, and accountability. The board of the company has set up separate committees for remuneration, nomination, management engagement, audit and risk etc. and follows strict policies regarding anti-bribery, anti-criminal facilitation for of tax evasion, and data privacy. The company focuses on responsible investments and acts as a good corporate citizen, to generate long-term returns for all the stakeholders and create meaningful social value.
NB Global Monthly Income Fund Ltd GBP Lansdowne House, 57 Berkeley Square LONDON W1J 6ER United Kingdom GBR
+44 (0) 20 3214 9077