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Neuberger Berman Next Generation Connectivity Fund Inc. - NBXG STOCK NEWS

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.

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Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) will host a conference call on April 26, 2022, at 4:00 PM (Eastern) featuring Portfolio Manager Hari Ramanan. The call will focus on the Fund's investment process and updates on evolving connectivity investment opportunities. Investors can submit questions until April 25, 2022, at 8:00 PM (Eastern). Details, including a Zoom link, will be posted on the Neuberger Berman website. The Fund aims for capital appreciation and income but comes with risks including market declines and performance variability.

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Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) has declared a monthly distribution of $0.10 per share, payable on April 29, 2022. The record date is April 18, 2022 and the ex-date is April 14, 2022. The Fund intends to maintain this distribution level, pending market conditions and income stability. Future distributions may include net investment income, capital gains, and return of capital. Investors should note that distributions are subject to change based on various financial factors.

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Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) declared a monthly distribution of $0.10 per share, payable on March 31, 2022, with a record date of March 15, 2022, and an ex-date of March 14, 2022. The Fund aims to maintain consistent distributions, potentially derived from net investment income, capital gains, and return of capital. Future distributions depend on factors such as income stability and Fund expenses. There are no guarantees on payment amounts or sources for the distributions.

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Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) has declared a monthly distribution of $0.10 per share, payable on February 28, 2022. The record date is set for February 15, 2022, with the ex-date on February 14, 2022. This distribution is part of the Fund's level distribution policy, subject to market conditions. While the Fund aims to maintain this rate, future distributions may vary and can consist of net investment income, capital gains, and return of capital. Past performance and market conditions will significantly influence these distributions.

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Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) will host a conference call on January 20, 2022, at 4:00 PM ET, led by Portfolio Manager Hari Ramanan. The discussion will focus on the Fund's investment process and its outlook on next-generation connectivity opportunities. Questions can be submitted via email until January 19, 2022, at 8:00 PM ET. The Fund aims to achieve capital appreciation and income, but investment returns and principal value may fluctuate, with shares often trading at a discount to net asset value.

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Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) announced a distribution of $0.10 per share, payable on January 31, 2022. The record date is January 18, 2022, and the ex-date is January 14, 2022. The Fund aims to make regular monthly distributions based on investment income, capital gains, and return of capital. However, there is no guarantee that the current distribution rate will be maintained. Neuberger Berman manages $437 billion in assets as of September 30, 2021, and has received accolades for its ESG practices.

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Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) has announced a monthly distribution of $0.10 per share of common stock. This distribution is set to be paid on December 31, 2021, with a record date of December 15, 2021, and an ex-date of December 14, 2021. The Fund will continue to pay regular monthly distributions, subject to market conditions. Factors impacting the distribution rate include income stability and Fund expenses. Distributions may contain net investment income, capital gains, and return of capital, with specifics provided as required.

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Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) has declared a monthly distribution of $0.10 per share, set to be paid on November 30, 2021. The record date for this distribution is November 15, 2021, with an ex-date of November 12, 2021. The Fund expects to maintain this distribution level subject to market conditions, although future payments may include net investment income, realized capital gains, and return of capital. The ability to sustain this rate depends on investment income stability and operational costs.

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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.

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Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) declared a distribution of $0.10 per share, payable on October 29, 2021. The record date is October 15, 2021, and the ex-date is October 14, 2021. The Fund anticipates maintaining this monthly distribution unless changes are required. However, the stability of future distributions relies on investment income, capital gains, and fund expenses. The source of distributions may include net investment income, capital gains, and return of capital. Final tax characteristics will be determined at year-end.

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FAQ

What is the current stock price of Neuberger Berman Next Generation Connectivity Fund (NBXG)?

The current stock price of Neuberger Berman Next Generation Connectivity Fund (NBXG) is $12.75 as of December 20, 2024.

What is the market cap of Neuberger Berman Next Generation Connectivity Fund (NBXG)?

The market cap of Neuberger Berman Next Generation Connectivity Fund (NBXG) is approximately 1.0B.

What is Neuberger Berman Next Generation Connectivity Fund Inc.?

NBXG is a non-diversified, closed-end management investment company focused on achieving capital appreciation and income through strategic investments in the connectivity sector.

What sectors does NBXG invest in?

NBXG primarily targets the connectivity sector, including telecommunications, 5G, and advanced infrastructure projects.

Who manages NBXG?

NBXG is managed by Neuberger Berman, a private, employee-owned investment manager founded in 1939.

What kind of distributions does NBXG offer?

NBXG has declared consistent monthly distributions of $0.10 per share of common stock, subject to income from investments, capital gains, and expenses.

What is the investment philosophy of Neuberger Berman?

Neuberger Berman follows an investment philosophy based on active management, engaged ownership, and fundamental research.

How does NBXG ensure transparency in distributions?

NBXG complies with Section 19 of the Investment Company Act of 1940, providing notices for distributions that may include net investment income, capital gains, and return of capital.

How much in assets does Neuberger Berman manage?

As of December 31, 2023, Neuberger Berman manages $474 billion in client assets.

What is Neuberger Berman’s stance on ESG practices?

Neuberger Berman is a recognized leader in ESG practices and has been named a PRI Leader by the United Nations Principles for Responsible Investment.

Where is Neuberger Berman headquartered?

Neuberger Berman operates out of 31 cities worldwide, serving a global clientele.

How can I contact Neuberger Berman for more information?

For detailed information, Neuberger Berman can be contacted through their investor information line at (877) 461-1899.

Neuberger Berman Next Generation Connectivity Fund Inc.

NYSE:NBXG

NBXG Rankings

NBXG Stock Data

1.01B
74.99M
0.08%
33.94%
0.04%
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