Welcome to our dedicated page for Neuberger Berman Next Generation Connectivity Fund news (Ticker: NBXG), a resource for investors and traders seeking the latest updates and insights on Neuberger Berman Next Generation Connectivity Fund stock.
Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) is a non-diversified, closed-end management investment company. The Fund's primary goal is to achieve capital appreciation and income through strategic investments in the connectivity sector. With a focus on next-generation connectivity technologies, the Fund seeks to tap into growth opportunities in areas such as telecommunications, 5G, and other advanced infrastructure projects.
Neuberger Berman, the investment manager behind NBXG, was founded in 1939. It is a private, employee-owned firm with a global presence, operating out of 31 cities worldwide. The firm manages a broad spectrum of investment strategies including equity, fixed income, quantitative and multi-asset class, private equity, real estate, and hedge funds. Neuberger Berman serves a diverse clientele that ranges from institutions to individual investors.
Among its recent achievements, NBXG has declared several consistent monthly distributions of $0.10 per share of common stock. The Fund's ability to maintain these distributions is contingent upon various factors including the income generated from its investments, capital gains, and overall expenses. Furthermore, in compliance with Section 19 of the Investment Company Act of 1940, the Fund provides notices for distributions that may include net investment income, capital gains, and return of capital, ensuring transparency for investors.
Neuberger Berman is renowned for its robust investment philosophy based on active management, engaged ownership, and fundamental research. The firm is a recognized leader in environmental, social, and governance (ESG) practices, and has been acknowledged by the United Nations Principles for Responsible Investment (PRI) as a PRI Leader—an honor bestowed to less than 1% of investment firms. As of December 31, 2023, Neuberger Berman manages $474 billion in client assets and continues to earn top rankings in the Pensions & Investments 'Best Places to Work in Money Management' survey.
The Fund's consistent performance and Neuberger Berman's strong reputation as a leading investment manager make NBXG a compelling option for investors seeking exposure to the evolving connectivity sector. For further inquiries or detailed information, Neuberger Berman can be contacted directly through their investor information line.
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.
Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) has declared a $0.10 per share distribution payable on April 28, 2023, with a record date of April 17, 2023 and an ex-date of April 14, 2023. The Fund's policy anticipates stable monthly distributions of $0.10 per share, contingent on income stability and other factors. Future distributions may include net investment income, capital gains, and return of capital. A notice will be provided for any distribution not consisting solely of net investment income. Neuberger Berman manages $427 billion in client assets as of December 31, 2022, and has been recognized for excellence in ESG practices.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) has declared a $0.10 distribution per share of common stock, payable on March 31, 2023, with a record date of March 15, 2023, and an ex-date of March 14, 2023. This monthly distribution, subject to market conditions, aims to provide regular returns based on the fund's income, capital gains, and operational expenses. The fund's ability to sustain this distribution is contingent on income stability and management of fees. Future distributions may include net investment income, capital gains, or return of capital.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) has declared a monthly distribution of $0.10 per share, payable on February 28, 2023. The record date for this distribution is February 15, 2023, with the ex-dividend date set for February 14, 2023. This distribution aligns with the Fund's level distribution policy, which aims to provide consistent monthly payouts, subject to market conditions. The Fund's ability to maintain this rate hinges on various factors, including investment income stability and associated fund expenses. Future distributions may comprise net investment income, realized capital gains, and return of capital.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) announced a conference call scheduled for January 23, 2023, at 4:00 PM Eastern Time. Fund Portfolio Manager Hari Ramanan will lead the call, discussing the Fund's investment strategy and providing insights into next-generation connectivity investment opportunities. Investors can submit questions via email until January 23 at 2:00 PM Eastern. Details for joining the call will be available on the Neuberger Berman website. The Fund aims for capital appreciation and income, though it operates as a non-diversified closed-end management company with inherent investment risks.
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