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 Inc. (NYSE: NBXG) has declared a monthly distribution of $0.10 per share, payable on December 30, 2022. The record date is December 15, 2022, with an ex-date of December 14, 2022. The Fund expects to maintain this distribution under its policy, contingent on factors like income stability and capital gains. The distributions may consist of net investment income, capital gains, and return of capital. Full tax characteristics will be determined after the 2022 fiscal year-end.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) declared a monthly distribution of $0.10 per share, payable on November 30, 2022. The record date is November 15, 2022 and the ex-date is November 14, 2022. The Fund, maintaining a level distribution policy, anticipates making regular monthly distributions, subject to income stability and market conditions. Future distributions may include net investment income, capital gains, and return of capital. Final tax characteristics of the 2022 distributions will be determined after year-end.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) will host a conference call on October 25, 2022, at 4:00 PM Eastern. Fund Portfolio Manager Hari Ramanan and his team will discuss the Fund's investment process and offer insights on next-generation connectivity opportunities. Questions for the call can be submitted until October 24, 2022, at 8:00 PM Eastern. The Fund aims for capital appreciation and income but warns that shares may trade at a discount to net asset value. A replay will be available on the Neuberger Berman website.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) has declared a monthly distribution of $0.10 per share, payable on October 31, 2022. The record date is set for October 17, 2022, and the ex-date is October 14, 2022. This distribution is part of the Fund's level distribution policy, which aims to maintain regular monthly payments, subject to market conditions. Future distributions may include components of net investment income, capital gains, and return of capital. The specific tax characteristics of all distributions for 2022 will be determined after the year-end.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) declared a monthly distribution of $0.10 per common share, payable on September 30, 2022. The record date is September 15, 2022, and the ex-date is September 14, 2022. The Fund plans to maintain a level distribution policy, anticipating regular monthly distributions. Factors such as income stability and capital gains will influence its ability to sustain this rate. Future distributions may consist of net investment income, capital gains, and return of capital, with tax characteristics determined at year-end.
Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) has declared a monthly distribution of $0.10 per share of common stock. This payment is scheduled for August 31, 2022, with a record date of August 15, 2022 and an ex-date of August 12, 2022. The fund aims to make regular monthly distributions, subject to market conditions. Future distributions may consist of net investment income, net realized capital gains, and return of capital. The exact source of the distributions for 2022 will only be confirmed after year-end.
Neuberger Berman Next Generation Connectivity Fund (NBXG) will host a conference call on July 25, 2022, at 4:00 PM ET. Fund Portfolio Manager Hari Ramanan and his team will discuss the Fund's investment approach and insights into evolving connectivity investment opportunities. Investors can submit questions until July 22, 2022, at 8:00 PM ET. Details, including the Zoom link, will be shared on the Neuberger Berman website. The Fund aims for capital appreciation and income, managing $447 billion in assets as of March 31, 2022.
Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) declared a monthly distribution of $0.10 per share, payable on July 29, 2022. The record date is July 15, 2022, and the ex-date is July 14, 2022. This distribution aligns with the Fund's policy to maintain stable payouts, which may include net investment income, capital gains, and return of capital. The Fund's ability to sustain this distribution is contingent on various factors including income stability, capital gains, and expenses. Investors should be aware of potential variations in the source of distributions.
Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) has declared a monthly distribution of $0.10 per share, payable on June 30, 2022. The record date is June 15, 2022, and the ex-date is June 14, 2022. The Fund aims to maintain this stable distribution amount, dependent on various factors, including the income from investments and capital gains. It may consist of net investment income, capital gains, or return of capital. As of March 31, 2022, the firm manages $447 billion in client assets.
Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) declared a monthly distribution of $0.10 per share, payable on May 31, 2022. The record date is May 16, 2022, with an ex-date of May 13, 2022. The Fund plans to maintain regular monthly distributions at this rate, contingent on market conditions and the stability of income from investments. Future distributions may comprise net investment income, capital gains, and return of capital. The source of distributions for 2022 will be determined after the year's end.
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