NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND ANNOUNCES MONTHLY DISTRIBUTION

Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) announced a $0.12 per share distribution declared on Nov 28, 2025.

Rhea-AI Summary

Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) announced a $0.12 per share distribution declared on Nov 28, 2025. The distribution is payable on Dec 31, 2025 with a record and ex-date of Dec 15, 2025.

Under its level distribution policy, the Fund anticipates regular monthly distributions of $0.12 per share, subject to market conditions. The Fund cautioned distributions may include net investment income, net realized capital gains, and return of capital, and final tax characterization for 2025 will be determined after year-end.

Positive

• Monthly distribution set at $0.12 per share
• Payable date: Dec 31, 2025
• Record/ex-date: Dec 15, 2025
• Level distribution policy aims for predictable monthly payouts

Negative

• Distributions may include return of capital
• No assurance Fund can maintain the $0.12 rate
• Final tax characterization will be determined after 2025 year-end

Argus Dec 1 session

-0.27% close to close Open Argus

Details

News Market Reaction – NBXG

In the Dec 1 session, NBXG declined 0.27%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement reiterates NBXG’s level distribution policy with a monthly payout of $0.12 per sha...

Analysis

This announcement reiterates NBXG’s level distribution policy with a monthly payout of $0.12 per share, payable on December 31, 2025 to holders of record on December 15, 2025. Management notes that distributions may combine net investment income, net realized capital gains and return of capital, with final 2025 tax character determined after year-end. Investors may track how often Section 19 notices are issued and whether future updates discuss changes to the rate, mix of sources, or underlying income stability.

Key Figures

Monthly distribution: $0.12 per share Payable date: December 31, 2025 Record date: December 15, 2025 +3 more

Monthly distribution

$0.12 per share

Declared Nov 28, 2025

Payable date

December 31, 2025

Payment of declared distribution

Record date

December 15, 2025

Shareholders eligible for distribution

Ex-date

December 15, 2025

Date shares trade without distribution

Planned distribution frequency

Monthly at $0.12

Level distribution policy, subject to conditions

Tax year

2025

Final source and tax characteristics determined after year-end

Historical Context

5 past events · Latest: Nov 28

5 events

1. Nov 28

   Monthly distribution

   24h Move

   -0.3%

   Reaffirmed monthly $0.12 distribution with 2025 tax characterization to follow.

2. Oct 31

   Monthly distribution

   24h Move

   +0.7%

   Declared November monthly $0.12 payout under level distribution policy.

3. Sep 29

   Distribution increase

   24h Move

   +0.9%

   Raised monthly distribution from $0.10 to $0.12, a 20% increase.

4. Aug 29

   Monthly distribution

   24h Move

   -0.6%

   Maintained level policy with $0.10 monthly distribution for September.

5. Jul 31

   Monthly distribution

   24h Move

   -2.8%

   Announced $0.10 monthly distribution payable in August under level policy.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

net investment income, net realized capital gains, return of capital, record date, +2 more

6 terms

net investment income financial

"may consist of net investment income, net realized capital gains and return of capital"

Net investment income is the money an investor or fund actually keeps from its investments after subtracting the costs of running those investments (like management fees, interest, and losses). Think of it as your paycheck from owning assets: gross returns minus the bills needed to earn them. Investors watch it because it shows how profitable the investment activities are, influences dividend payouts and cash available for growth, and helps compare true performance across funds or companies.

net realized capital gains financial

"may consist of net investment income, net realized capital gains and return of capital"

Net realized capital gains are the total profits an investor or fund actually locks in by selling investments at a higher price than they were bought, after subtracting any losses and transaction costs. Think of it like a garage sale where you tally the money made from items sold for more than you paid, minus the losses on items that sold for less; these net gains affect taxable income, dividend distributions and reported earnings, so they directly influence investor returns and tax bills.

return of capital financial

"may consist of net investment income, net realized capital gains and return of capital"

Return of capital is when an investor receives money from their investment that is not considered profit or earnings but rather a portion of the original amount they invested. It’s similar to getting back part of your initial savings rather than gains from it. This matters because it can affect how much money an investor still has in the investment and may have tax implications.

record date financial

"payable on December 31, 2025, has a record date of December 15, 2025"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

ex-date financial

"has a record date of December 15, 2025, and has an ex-date of December 15, 2025"

The ex-date is the specific day when a stock stops trading with the right to receive an upcoming dividend or other benefit. If you buy the stock on or after this date, you won't get the upcoming payout; instead, the seller will. It’s like a cut-off point that determines who is entitled to receive the benefits of a company’s distribution to shareholders.

Investment Company Act of 1940 regulatory

"In compliance with Section 19 of the Investment Company Act of 1940, as amended"

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Nov. 28, 2025 /PRNewswire/ -- Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) (the "Fund") has announced a distribution declaration of $0.12 per share of common stock.  The distribution announced today is payable on December 31, 2025, has a record date of December 15, 2025, and has an ex-date of December 15, 2025.

Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.12 per share of common stock, unless further action is taken to determine another amount. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, availability of capital gains, and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist of only net investment income.

Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2025 will be made after the end of the year.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,900 employees in 26 countries. The firm manages $558 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named the #1 Best Place to Work in Money Management by Pensions & Investments and has placed #1 or #2 for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of September 30, 2025.

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.

Contact:                                                                                  
Neuberger Berman Investment Advisers LLC                                                   
Investor Information
(877) 461-1899

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SOURCE Neuberger Berman

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What distribution did NBXG announce on November 28, 2025?

NBXG announced a $0.12 per share distribution declared on Nov 28, 2025.

When is the NBXG distribution payable and what are the record and ex-dates?

The distribution is payable on Dec 31, 2025 with a record and ex-date of Dec 15, 2025.

Will NBXG continue paying $0.12 monthly distributions after December 2025?

Under its level distribution policy, the Fund anticipates monthly $0.12 payments, subject to market conditions and future decisions.

Could the NBXG distribution include return of capital for shareholders?

Yes, the Fund said distributions may consist of net investment income, capital gains, and return of capital to maintain stability.

How will NBXG report the tax character of 2025 distributions?

The Fund will determine final tax characterization after year-end 2025 and may issue an informational notice if distributions are not solely net investment income.