Neuberger Berman Next Generation Connectivity Fund Announces Portfolio Manager Update Call Wednesday, October 20, 2021

Rhea-AI Summary

Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) will host a conference call on October 20, 2021, at 4:00 PM Eastern. Fund Portfolio Manager Hari Ramanan will discuss the Fund's investment process and offer insights into the evolving connectivity investment landscape. Questions for the call can be submitted via email until October 19, 2021. The Fund aims for capital appreciation and income but is subject to risks including market fluctuations and performance challenges. As of June 30, 2021, the firm managed $433 billion in client assets.

Positive

• Scheduled informative conference call for updates and insights on investment strategy.
• Management of $433 billion in client assets, reflecting strong market position.

Negative

• Investment performance subject to risks including market downturns and regulatory changes.
• Shares may trade at a discount to net asset value, affecting shareholder returns.

NEW YORK, Oct. 11, 2021 /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 Wednesday, October 20, 2021 at 4:00 PM (Eastern). During the call, the Portfolio Manager will review the Fund's investment process and provide an update and perspective on the rapidly evolving next generation connectivity investment opportunity.

Questions for the Portfolio Manager may be submitted in advance to the following email address: nbxg@nb.com. The deadline for email submission of questions is Tuesday, October 19, 2021 at 8:00 PM (Eastern). Details for the call, including registration via WebEx and the dial-in information, will also be posted to the Neuberger Berman website, www.nb.com, in advance of the call.

Call Details:
WebEx Link: https://neuberger.webex.com/neuberger/onstage/g.php?MTID=eec5e4785c68eddc7eefab7ab6e5685b5

Participant Dial-In (Toll Free): 1-844-992-4726
Conference ID #: 2338 142 4648

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 25 countries, Neuberger Berman's diverse team has over 2,300 professionals. For seven 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). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $433 billion in client assets as of June 30, 2021. 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 conference call date for Neuberger Berman Next Generation Connectivity Fund (NBXG)?

The conference call is scheduled for October 20, 2021.

Who will lead the conference call for NBXG?

The conference call will be led by Fund Portfolio Manager Hari Ramanan.

How can I submit questions for the NBXG conference call?

Questions can be submitted via email to nbxg@nb.com until October 19, 2021.

What is the investment objective of the Neuberger Berman Next Generation Connectivity Fund?

The Fund aims for capital appreciation and income.

What were the total assets managed by Neuberger Berman as of June 30, 2021?

As of June 30, 2021, the firm managed $433 billion in client assets.