Shares of NB Global Floating Rate Income Fund Ltd (LON:NBLS) fell 0.1% on Monday . The stock traded as low as GBX 89.30 ($1.17) and last traded at GBX 89.30 ($1.17), 493,875 shares changed hands during mid-day trading. A decline of 82% from the average session volume of 2,780,000 shares. The stock had previously closed at GBX 89.40 ($1.17).
The company has a fifty day simple moving average of GBX 89.61 and a two-hundred day simple moving average of GBX 76.60.
The company also recently announced a dividend, which will be paid on Friday, August 23rd. Shareholders of record on Thursday, July 18th will be issued a GBX 1.21 ($0.02) dividend. This represents a dividend yield of 1.35%. The ex-dividend date of this dividend is Thursday, July 18th.
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.
Featured Story: What does an inverted yield curve signify?
Receive News & Ratings for NB Global Floating Rate Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NB Global Floating Rate Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.