Description

NB Global Monthly Income Fund Limited (NBMI.L) is a closed-ended collective investment scheme focused on fixed income, overseen by Neuberger Berman Europe Limited and co-managed by Neuberger Berman Investment Advisers, LLC. This fund primarily allocates capital to floating rate senior secured loans across international fixed income markets, issued in U.S. Dollars, Sterling, and Euros by corporations and other business entities. It specifically targets non-investment grade securities, meaning those rated outside the top four categories by at least two independent credit agencies. The fund's portfolio is constructed using a detailed fundamental analysis approach, integrating both bottom-up security selection and top-down industry analysis, all viewed through a global economic lens. Formed on March 10, 2011, and registered in Guernsey, it was formerly identified as NB Global Floating Rate Income Fund Limited.