Lehman ABS Corporation, with the symbol JBK, is a closed-end management investment company that invests in asset-backed securities. The fund invests in various sectors, such as credit card receivables, auto loans, and other consumer receivables, among others. It primarily invests in the United States, but may invest in securities in other countries. The investment objective of the fund is to provide a high level of current income. The fund is managed by Neuberger Berman LLC. As of the end of February 2021, JBK had total net assets of around $74 million.
Lehman ABS Corporation, with the symbol JBK, is a closed-end management investment company that invests in asset-backed securities. The fund invests in various sectors, such as credit card receivables, auto loans, and other consumer receivables, among others. It primarily invests in the United States, but may invest in securities in other countries. The investment objective of the fund is to provide a high level of current income. The fund is managed by Neuberger Berman LLC. As of the end of February 2021, JBK had total net assets of around $74 million.