NB Global Floating Rate Income Fund Ltd (LON:NBLS) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 91.40 ($1.20) and last traded at GBX 91.10 ($1.20), with a volume of 1879155 shares changing hands. The stock had previously closed at GBX 91.10 ($1.20).
The stock’s 50-day simple moving average is GBX 90.09 and its 200 day simple moving average is GBX 89.72.
The business also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, October 17th were given a GBX 1.29 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, October 17th. This represents a yield of 1.43%. This is a boost from NB Global Floating Rate Income Fund’s previous dividend of $1.21.
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.
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