Neuberger Next Generation Connectivity Fund Announces an Increase in Allocation Rate and Reveals the Monthly Allocation for Next Month
PR Newswire
59m ago
Ai Focus
Neuberger Next Generation Connectivity Fund Inc. (NYSE : NBXG) announces a distribution of $0.132 per common share, to be paid on November 30, 2026, with the record date and ex-dividend date both set for November 16, 2026. The fund states that under its actively managed distribution policy, future monthly distributions are expected to be $0.132 per share, but whether this can be maintained depends on market conditions, investment returns, capital gains, and expenses, among other factors.
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New York, October 30, 2026 / PRNewswire / -- Neuberger Next Generation Connectivity Fund Inc. ( NYSE : NBXG, hereinafter referred to as the "Fund") announced a dividend of $0.132 per common share.

The distribution announced today will be paid on November 30, 2026, with the record date being November 16, 2026, and the ex-dividend date also being November 16, 2026.

According to its proactive management and distribution policy, the fund is expected to distribute $0.132 per common share on a monthly basis, although this may vary depending on market conditions, unless further action is taken to determine a different amount. Whether the fund will be able to maintain the current distribution rate will depend on various factors, including the amount and stability of income generated from its investments, the availability of capital gains, as well as the level of other fund expenses and expenditures. There is no guarantee that the fund will always be able to pay a specific amount in distributions, nor is there any guarantee that distributions will consist solely of net investment income.

To maintain a stable distribution amount, today's announcement of distributions, as well as future distributions, may consist of net investment income, realized short-term and long-term capital gains, and capital refunds. In accordance with Section 19 of the revised 1940 Investment Company Act, if a distribution is not composed entirely of net investment income, a notice will be provided. This notice is for informational purposes only and is not intended for tax filing purposes. It will disclose the components estimated to be included in the distribution (if any), including net investment income, capital gains, and capital refunds. The ultimate sources and tax attributes of the distributions paid throughout 2026 will be determined after the end of the year.

About Neuberger

Neuberger is a privately held, independent investment management firm with employee ownership, established in 1939, and employs approximately 3,000 people across 26 countries. The company manages portfolios totaling $613 billion in stocks, fixed income, private equity, real estate, and hedge funds for global institutions, advisors, and individuals. Neuberger's investment philosophy is based on active management, fundamental research, and participatory ownership. The company takes pride in its commitment to both its clients and employees as its stakeholders. Last year, it was once again recognized as the best asset management firm for institutional investors in the United States ( Crisil Coalition Greenwich ) and was awarded first place as the best employer in the field of fund management ( Pensions & Investments , for companies with over 1,000 employees). Neuberger has no corporate parent company or affiliated external shareholders. For more information, please visit www.nb.com; for details about awards, please visit www.nb.com / disclosure-global-communications. Data as of June 30, 2026.

Forward-looking statements contained in this press release involve risks and uncertainties. These risks and uncertainties include, but are not limited to: adverse effects of a decline in the securities market or a decrease in fund performance, an overall economic downturn, competition from other closed-end investment companies, changes in government policies or regulations, the fund's investment advisors' inability to attract or retain key employees, the fund's inability to implement its investment strategy, the fund's inability to cope with rapid expansion, as well as unforeseen costs and other impacts related to legal proceedings or investigations by governments and self-regulatory organizations.

Contact:

Neuberger Berman Investment Advisers LLC

Investor Information
(877) 461-1899

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