Objective
To provide investors with attractive risk-adjusted returns through long-biased, opportunistic exposure to stressed, distressed and special situation credit-related investments while seeking to limit downside risk.
Management group
Neuberger Berman Europe
Launch date
04/03/2014
Domicile
Guernsey
Fund manager
Michael Holmberg, Brendan McDermott, Ravi Soni
Dividend frequency
Annually
Wind-up provisions
The Investment Manager is committed to realising the investments in a timely manner and winding down the share class as soon as practicable.
Market Cap (m) Total assets (m) Price (last close) NAV Discount / premium (%) Gearing (%) Dividend yield (%) Dividend dates Ongoing charge (%)
8.62 17.11 31.00 61.49 -49.59 0 1.06 Dec 1.33 (31/12/2022)
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Note

Dividends

Dividends declared in last 12 months

There have been no dividends in the last 12 months.

Performance (%)

Return type 1 year 3 years 5 years 10 years
NB Distressed Debt New Global shares Share price total return -13.9 31.0 -54.0 -63.5
Debt - Loans & Bonds AIC sector Share price total return 14.7 17.2 15.2 15.2
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Share structure

Number of shares
27,821,698

Traded volumes (number of shares)

  Yesterday 1 month 1 year 5 years
Total 0 45,435 993,534 15,194,517
Average N/A 939 3,813 11,784
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Traded values (m)

  Yesterday 1 month 1 year 5 years
Total N/A 0.01 0.35 8.47
Average N/A 0.00 0.00 0.01
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Trading details

ISIN TIDM Traded currency Stock exchange
GG00BNTXRB08 NBDG GBX London Stock Exchange - SFS
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Top holdings

Data as at : 30/06/2022

Investment % of total assets
Dumas Shipping Tl B 13.7
Package Holdings 1 8.7
Ab Zwolle T/L Eur 31/05/2023 Frn2 8.6
White Energy Holding Company Llc 7.5
Us Treasury N/B 1.500% 15/02/2030 6.3
Buffalo Thunder Dev Auth 11.00% 12/09/22 Sr: Regs 6.1
Other Assets 5.5
Tp Ferro Concesionaria T/L 1l 31/03/2016 3.1
Hotel Puerta America Pik Tl Eur 3.0
Aca Fin Guaranty Corp 12-31/12/2022 Frn 2.7

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.