NB Global Monthly Income Fund
NBMI.L (LSE)
NB Global Monthly Income Fund (NBMI) offers a strategy focused on delivering consistent monthly income through credit and private loans, all while being GBP-hedged. Despite its focus on reliable income, the fund has faced challenges, resulting in a 1-year return of -20.14% and a 5-year return of -35.83%. With a notable dividend yield of 30.70%, it remains a potential option for investors seeking high income, although it currently holds a C rating from analysts.
Pros:
- High dividend yield
- Focus on credit and private loans
Cons:
- Negative returns over 1 and 5 years
- Ongoing wind-down phase
The NB Global Monthly Income Fund may be suitable for income-seeking investors who prioritize high dividend yields and are comfortable with the associated risks of credit and private loans. However, potential investors should carefully consider the fund's recent performance and C rating, as it has experienced significant declines over the past five years.