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Nb Global Share Price (NBLS)



Share Price Information for Nb Global (NBLS)


Share Price: 93.40Bid: 93.20Ask: 93.30Change: 0.00 (0.00%)No Movement on Nb Global
Spread: 0.10Spread as %: 0.11%Open: 92.60High: 93.40Low: 92.60Yesterday’s Close: 93.40

Nb Global Floating Rate Income Fund Limited Red Ord Shs Npv

Nb Global is listed in the FTSE 250, FTSE All-Share, FTSE 350, FTSE 350 High Yield
Nb Global is part of the Investment Companies sector






Share Price SpacerPrice
93.40
Share Price SpacerBid
93.20
Share Price SpacerAsk
93.30
Share Price SpacerChange
0%0.00
Share Price SpacerVolume
629,870
Share Price SpacerOpen
92.60
Share Price SpacerHigh
93.40
Share Price SpacerLow
92.60
Share Price SpacerClose
93.40
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GG 911.25m £851.10m 20,000

52 Week High 95.55 52 Week High Date 15-DEC-2017
52 Week Low 91.00 52 Week Low Date 2-MAR-2018

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
181 347,306 282,564 28.679 3.26 3.41 3.65


London South East Users info for Nb Global




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

16-Jul-18
17:12:59
93.40
871
Buy* 
93.20
93.30
813.51
Trade Type:
Ordinary
Delayed publication

16-Jul-18
17:12:50
93.40
555
Buy* 
93.20
93.30
518.37
Trade Type:
Ordinary

16-Jul-18
17:04:02
93.396
1,444
Buy* 
93.20
93.30
1,349
Trade Type:
Ordinary




View more Nb Global trades >>

Directors Deals for Nb Global (NBLS)
Trade DateActionNotifierPriceCurrencyAmountHolding
16-Apr-15Buy
Trade Notifier Information for NB Global Floating Rate Income Fund Ltd GBP
Rupert O Dorey held the position of Non-Executive Director at NB Global Floating Rate Income Fund Ltd GBP at the time of this trade.
 Rupert O Dorey
020,00020000
31-Dec-14Notification of Holding
Trade Notifier Information for NB Global Floating Rate Income Fund Ltd GBP
William Frewen held the position of Chairman at NB Global Floating Rate Income Fund Ltd GBP at the time of this trade.
 William Frewen
009895
15-Aug-14Scrip Dividend
Trade Notifier Information for NB Global Floating Rate Income Fund Ltd GBP
Sandra Platts held the position of Non-Executive Director at NB Global Floating Rate Income Fund Ltd GBP at the time of this trade.
 Sandra Platts
08910069
View more Nb Global directors dealings >>


BigLoss
Posts: 706
Opinion:No Opinion
Price:104.90
anyone here
5 Jul '13
Nm
ecovest
Posts: 1,149
Opinion:Buy
Price:100.00
ex div
16 Jan '13
Ex div today explains slight drop. Otherwise, trend upwards. Decent yield (just short of 5%) at current prices and trading at around NAV level (so no premium being paid to buy in). The aim of the floating rate fund is, unlike conventional bonds, to provide some protection from rising inflation and interest rate rises. There was a write up of this fund in a Sunday Times article (2/12/12, 'Last Chance to Switch from Bonds') on the supposed bond bubble and means (including this one) of avoiding it while still having the benefits of a less volatile asset class which is not correlated to equities.
jange
Posts: 27,645
Opinion:No Opinion
Price:100.10
nbls
12 Oct '12
The portfolio has not had any defaults since inception.

"It will come as no surprise that our investment focus over the final quarter will remain in the US primary market. The current pipeline of deals is very healthy at just over $35bn. Most importantly, we believe US companies remain fundamentally strong and continue to report decent earnings. The fact that the European new issue market is effectively closed for the remainder of the year compounds our view," NB Global said.

"Whilst secondary opportunities remain, these are more limited at present given the market rally we have seen, but we continue to monitor the situation and will still continue reducing the more volatile segments of our portfolio and taking profits on some lower yielding assets that we bought at a discount. Although our focus is on the primary market we are well aware that market conditions can change quickly, and cognisant of the fact that if we do see a period of volatility in the run up to year end, that this is likely to present significant secondary buying opportunities," the statement concluded.

The fund currently produces an annualised net yield per share in the region of 5% on the issue price, plus some capital appreciation.
jange
Posts: 27,645
Opinion:No Opinion
Price:100.10
nbls
12 Oct '12
Corporate loan investment company NB Global Floating Rate Income Fund said its investment focus for the rest of the year will be on the US primary market, as the European new issue market is effectively closed for the remainder of the year.

The group revealed that at the end of September, just 2.39% of its investment portfolio was denominated in euros, while 2.66% was denominated in sterling; the rest was all in dollars.

NB Global is invested primarily in investments rated B and Ba by debt rating agencies, with B rated investments accounting for the lion's share at the portfolio at 54.55%; Ba investments comprise 39.20% of the portfolio.

Company rules allow for up to 20% of the portfolio to be invested in bonds, but the firm reduced its bond position to 6.7% at the end of September from 11.6% at the end of June, due to narrowing spreads between loans and bonds.

The group has also reduced its non-US exposure, with European assets down from 7.4% at the beginning of the third quarter to 5.1% at the end, largely because the firm has cashed in on some investments and has not replaced them with new issues, most of which have had the portfolio manager reaching for the barge-pole.

"Our view on default rates for 2012 is sustained, with the US below 2.0% and Europe at 7.0%, with current trailing 12 month default rates of 1.00% and 6.2% respectively," the firm revealed.
View more share chat for Nb Global (NBLS) >>







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