Nb Global Corporate Income Trust Announces Audited Earnings Results for the Period Ended 30 June 2020
August 27, 2020 at 05:08 am EDT
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NB Global Corporate Income Trust announced audited earnings results for the period ended 30 June 2020. For the period, the company reported total investment negative income of AUD 20,110,000, operating loss of AUD 27,430,000, total comprehensive loss for the year of AUD 27,430,000 and basic loss per unit of 6.16 cents.
NB Global Corporate Income Trust (the Fund) is an Australia-based company. The Fund invests in corporate debt securities. The Fund's investment objective is to provide consistent and stable monthly income stream; Invests in high yield bonds issued by large, liquid global companies; and capital preservation by focusing on credit quality. The Fund's portfolio includes leisure, healthcare, services, capital goods, media, real estate, telecommunications, gas-distribution, retail, technology and electronics, exploration and production, banking, energy, financial services, automotive, transportation, utility, consumer goods, and steel producers/products. The Fund's investment manager is Neuberger Berman Australia Limited.
NB GLOBAL CORPORATE INCOME TRUST 