NB Distressed Debt Ord (LSE:NBDD) - Overview

Investment Trust Report

NB Distressed Debt Investment Fund

Closing Price
USD1.03

1 Day Change
0.00|0.00%

As of 09/12/2016

Last Close1.03
52-Wk Range1.01 - 1.15
Tot Assets Mil36.84
Mkt Cap Mil36.28
Yield %15.47
Estimated Nav1.04
Discount % %-1.89
12M Avg Disc %-6.22
Last Actual NAV1.05
Last NAV Date07/12/2016

Share Price Performance (USD)

Key Statistics (USD)
Total Assets36.837m
Net Assets36.837m
Market Capitalisation36.276m
Gross Gearing100%
Net Gearing100%
Average Daily Shares Traded (1 Yr)0.004m
Average Daily Value Traded (1 Yr)0.004m
Ongoing Charge (2015)1.84%
DomicileGUE
Legal StructureClosed End Fund
Traded CurrencyUSD
ISINGG00BYT2S112
Launch Date9 Jun 2010
Financial Year EndDec 2016
Next AGMJun 2017
NAV FrequencyDaily
Dividend FrequencySemi-annually
Valuation Statistics
 09/12/20161 Yr High1 Yr Low
Price1.031.151.01
NAV*1.041.181.04
Discount/Premium-1.890.94-9.79
Category Discount---
Z-Statistics (1Yr)0.78  

Total Returns (USD) 09/12/2016

 Chg (%)  
More ...
Price5.67 
NAV-0.16
Cat Price1.33
Cat NAV1.34
 
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Income.079310/11/20162016

Morningstar Rating™

Not Rated

Morningstar® Category

Other Bond

Benchmarks

Fund Benchmark

HFRX Distressed Securities

Morningstar® Benchmark

FTSE World TR GBP
Fund Structure
Share Type# of Shares
Ordinary Share35.219m

Investment Objective

To provide investors with attractive risk-adjusted returns through long-biased, opportunistic stressed, distressed and special situation credit related investments, while seeking to limit downside risk.
Managers
Michael Holmberg10/06/2010
Brendan McDermott03/03/2015
Ravi Soni03/03/2015

Directors

Sarah Evans, John Hallam, Michael Holmberg, Christopher Sherwell, Stephen Vakil
Fund prices are updated every weekday after the close of trading and before 11 p.m. wherever possible. All figures are as at Last Close, on a cum income basis with debt valued at fair and in traded currency unless otherwise stated (we do not fair value debt for split capital trusts). Performance returns are presented in U.S. Dollars (USD) and calculated on a capital only basis with debt valued at par.
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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