NB Global Floating Rate Income Fund Ltd (LON:NBLS) shares fell 0.1% during mid-day trading on Thursday . The company traded as low as GBX 91.30 ($1.20) and last traded at GBX 91.40 ($1.20), 3,541,565 shares traded hands during trading. An increase of 27% from the average session volume of 2,780,000 shares. The stock had previously closed at GBX 91.50 ($1.20).
The stock’s 50-day moving average is GBX 91.81 and its 200-day moving average is GBX 89.99.
The firm also recently announced a dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, January 16th will be given a dividend of GBX 1.02 ($0.01) per share. This represents a yield of 1.1%. The ex-dividend date of this dividend is Thursday, January 16th.
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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