Reduction to fees

RNS Number : 0410O

NB Global Floating Rate Income Fund

30 September 2019

 

30 September 2019 NB Global Floating Rate Income Fund Limited Reduction to fees The Board of NB Global Floating Rate Income Fund (the "Company") are pleased to announce that, effective 1 October 2019, Neuberger Berman Europe Limited (the "Manager") has agreed to reduce their annual management fee from 0.75% to 0.65% per annum. Rupert Dorey, Chairman of the Company, has commented: "The Board welcomes this reduction by the Manager as part of the Board's drive to further reduce the ongoing charges."  For further information please contact: NB Global Floating Rate Income Fund                                                    [phone] Rupert Dorey, Chairman Numis Securities Limited (Corporate Broker)                                        [phone] Hugh Jonathan                                                                                                                                         LEI: 549300P4FSBHZFALLG04 ENDS

 

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