NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND ANNOUNCES MONTHLY DISTRIBUTION

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

Insights

Income/dividend analyst

Monthly distribution set at $0.12 per share, payable December 31, 2025; maintainable but not guaranteed.

The announcement shows Neuberger Berman Next Generation Connectivity Fund (NBXG) will pay a monthly distribution of $0.12 per share with record and ex‑date on December 15, 2025. Under the stated level distribution policy the Fund will target regular monthly payments of $0.12, which supports predictable cash flow for holders while the Fund finances distributions from its investment income, capital gains, or return of capital.

The ability to sustain the stated rate depends on the amount and stability of income from the Fund's investments, availability of realized capital gains, and the level of fees and expenses; the release explicitly warns distributions may include net realized capital gains and return of capital. That disclosure increases uncertainty about the long‑term sustainability of the cash yield and the tax characterization of payments until the Fund issues its year‑end determination.

Watch for the Fund's year‑end tax notice and any subsequent monthly notices that disclose composition of distributions, and monitor interim signals of portfolio income versus realized gains within the quarter ending December 31, 2025. Near term (weeks to months) expect predictability of timing; medium term (quarter to year) treat sustainability as conditional on realized gains and expense levels.

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

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.