NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND ANNOUNCES PORTFOLIO MANAGER UPDATE CALL MONDAY, APRIL 24, 2023

Rhea-AI Summary

Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) announced a conference call scheduled for April 24, 2023, at 4 PM Eastern Time, featuring Portfolio Manager Hari Ramanan and his team. They will discuss the Fund's investment processes and provide insights on the evolving opportunities in next-generation connectivity. Interested parties can submit questions via email until 2 PM on the same day. The call details, including Zoom links, will be made available on the Neuberger Berman website. The Fund aims for capital appreciation and income but warns that shares may trade at a discount to net asset value, with investment returns fluctuating. As of March 31, 2023, Neuberger Berman manages $436 billion in assets.

Positive

• Scheduled conference call on April 24, 2023, to discuss investment processes and opportunities.
• Fund aims for capital appreciation and income.
• Neuberger Berman manages $436 billion in client assets as of March 31, 2023.

Negative

• No assurance that the Fund's investment objectives will be achieved.
• Shares of closed-end funds may frequently trade at a discount to net asset value.

NEW YORK, April 17, 2023 /PRNewswire/ -- Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) (the "Fund") has announced a conference call with Fund Portfolio Manager Hari Ramanan and members of his team, to be held on Monday, April 24, 2023, at 4:00 PM (Eastern). During the call, members of the Portfolio Management team will review the Fund's investment process and provide an update and perspective on the rapidly evolving next generation connectivity investment opportunity.

Questions may be submitted in advance to the following email address: nbxg@nb.com. The deadline for email submission of questions is Monday, April 24, 2023, at 2:00 PM (Eastern). Details for the call, including the Zoom link and the dial-in information, will also be posted to the Neuberger Berman website, www.nb.com, in advance of the call.

A replay of the call will be available on nb.com.

Call Details:

Zoom Link:
https://nb.zoom.us/j/96795070958?pwd=cTRGaVdDU29SbXJ4aThPcVlWN2xFZz09

Participant Dial-In: (646) 558 8656 
Meeting ID: 967 9507 0958
Passcode: 042423 

About The Fund

The Fund, which is advised by Neuberger Berman Investment Advisers LLC, has an investment objective to provide capital appreciation and income. The Fund is a non-diversified closed-end management investment company. No assurance can be given that the Fund's investment objectives will be achieved. Shares of closed-end funds frequently trade at a discount of their net asset value. The investment return and principal value of an investment will fluctuate so that the shares may be worth more or less than their original cost.

About Neuberger Berman

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 26 countries, Neuberger Berman's diverse team has over 2,700 professionals. For nine consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). Neuberger Berman is a PRI Leader, a designation, since last assessed, that was awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. In the 2021 PRI Assessment, the firm obtained the highest possible scoring for its overarching approach to ESG investment and stewardship, and integration across asset classes. The firm manages $436 billion in client assets as of March 31, 2023. For more information, please visit our website at www.nb.com.

Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

NBXG Contact: Tony Maltese, 212.476.9229, AMaltese@NB.com

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SOURCE Neuberger Berman

FAQ

What is the date and time of the NBXG conference call?

The conference call for Neuberger Berman Next Generation Connectivity Fund is scheduled for April 24, 2023, at 4 PM Eastern Time.

Who will lead the NBXG conference call?

The conference call will be led by Portfolio Manager Hari Ramanan and his team.

How can I submit questions for the NBXG call?

Questions can be submitted via email to nbxg@nb.com until April 24, 2023, at 2 PM Eastern Time.

What is the investment objective of the NBXG fund?

The NBXG fund aims to provide capital appreciation and income.

What is the current asset management value of Neuberger Berman?

Neuberger Berman manages $436 billion in client assets as of March 31, 2023.