Nb Global Corporate Income Trust Announces Unaudited Consolidated Earnings Results for the Period Ended September 26, 2018 to December 31, 2018
February 27, 2019 at 11:57 pm EST
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Nb Global Corporate Income Trust announced unaudited consolidated earnings results for the period ended September 26, 2018 to December 31, 2018. For the period, the company reported total investment loss was $14,334,000, operating loss for the period was $15,252,000, total comprehensive loss for the period was $15,252,000 or basic and diluted loss per unit of 7.37 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.