Welcome to our dedicated page for Neuberger Brmn Nxt Gnrtn Cnnctvty news (Ticker: NBXG), a resource for investors and traders seeking the latest updates and insights on Neuberger Brmn Nxt Gnrtn Cnnctvty stock.
Neuberger Berman Next Generation Connectivity Fund Inc. (NBXG) provides focused exposure to companies driving innovation in digital infrastructure and advanced communications technologies. This page serves as the definitive source for NBXG-related announcements, offering investors and analysts centralized access to official updates.
Key resources include: Earnings disclosures, portfolio strategy changes, distribution declarations, and management commentary. All content is vetted for accuracy and presented in chronological order to help track the fund's evolving market position.
Bookmark this page for streamlined monitoring of NBXG's performance within the closed-end fund sector. Regular updates reflect Neuberger Berman's active management approach and commitment to next-generation connectivity investments.
ISS has recommended shareholders of Neuberger Berman Municipal Fund (NBH) and Neuberger Berman Next Generation Connectivity Fund (NBXG) vote for Saba Capital's nominee, Paul Kazarian, to the Funds' Boards at the 2024 Joint Annual Meeting. ISS cited concerns with NBH's governance, performance, and fees, noting its significant NAV discount deterioration and underperformance. For NBXG, ISS highlighted performance issues and the Board's disregard for shareholder will. ISS concluded Saba "has presented a compelling case for change" at both Funds. Saba, the largest shareholder, aims to address persistent trading discounts and prioritize shareholder interests.
Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) has declared a monthly distribution of $0.10 per share of common stock. The distribution is payable on August 30, 2024, with a record date and ex-date of August 15, 2024. The Fund maintains a level distribution policy, aiming to make regular monthly distributions of $0.10 per share, subject to market conditions.
The Fund's ability to maintain this distribution rate depends on factors such as income stability from investments, availability of capital gains, and Fund expenses. Distributions may include net investment income, net realized capital gains, and return of capital. A notice will be provided for any distribution not consisting solely of net investment income, as required by regulations. The final determination of the distribution's tax characteristics will be made after the end of 2024.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) announced a $0.10 per share distribution for July 2024. The distribution is payable on July 31, 2024, with a record date of July 15, 2024, and an ex-date of July 15, 2024. The Fund plans to maintain monthly distributions of $0.10 per share, depending on income stability, capital gains, and expenses. Future distributions may include net investment income, capital gains, and return of capital. Notices will be issued for distributions that include returns of capital, in compliance with the Investment Company Act of 1940. Final tax characteristics of 2024 distributions will be determined after year-end.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) has declared a monthly distribution of $0.10 per share of common stock, payable on June 28, 2024. The record date for this distribution is June 17, 2024, with the same date as the ex-date. The Fund's level distribution policy aims for regular monthly distributions of $0.10 per share, contingent on market conditions and other factors such as income stability, capital gains availability, and fees. Future distributions may include net investment income, capital gains, and return of capital. Compliance with Section 19 of the Investment Company Act of 1940 requires a notice for distributions not solely consisting of net investment income, detailing estimated portions of net investment income, capital gains, and return of capital. The final tax characteristics of all 2024 distributions will be determined after year-end.
Neuberger Berman Next Generation Connectivity Fund Inc. (NBXG) has announced a monthly distribution of $0.10 per share of common stock payable on May 31, 2024. The Fund aims to maintain stable distributions through a mix of income sources, including net investment income, capital gains, and return of capital. However, there is no guarantee of a specific distribution amount or composition in the future.
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