NEUBERGER NEXT GENERATION CONNECTIVITY FUND ANNOUNCES INCREASE IN DISTRIBUTION RATE AND DECLARATION OF NEXT MONTHLY DISTRIBUTION

Distributions may include return of capital rather than consist solely of net investment income.

Rhea-AI Summary

Neuberger Next Generation Connectivity Fund (NYSE: NBXG) announced an increased monthly distribution of $0.132 per share, payable November 30, 2026.

The record date and ex-date are November 16, 2026. Under its managed distribution policy, the Fund anticipates regular monthly distributions of $0.132 per share, subject to market conditions, unless further action establishes another amount.

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• Moderate pointMonthly distribution increased to $0.132 per common share, payable November 30, 2026.

Negative

• None.

News Explained

The declared payment is not assured to consist only of investment income: it may include capital gains or return of capital, with an informational notice estimating its components if it is not solely net investment income.

Key Figures

Distribution per share: $0.132 per share Payment date: November 30, 2026 Record and ex-date: November 16, 2026

Distribution per share

$0.132 per share

Declared monthly distribution

Payment date

November 30, 2026

Declared distribution

Record and ex-date

November 16, 2026

Declared distribution

Historical Context

1 past event · Latest: Sep 30

1 event

1. Sep 30

   Distribution increase

   24h Move

   +1.0%

   Raised the monthly amount from $0.12 to $0.132 per share and declared the next payment at that rate.

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

Key Terms

managed distribution policy, net investment income, return of capital, ex-date

4 terms

managed distribution policy financial

"Under its managed distribution policy, the Fund anticipates"

A managed distribution policy is a company’s plan to pay regular cash to shareholders at a set rate by combining income, dividends and occasional return of capital. Think of it as a scheduled withdrawal from a household account: it can provide steady income for investors, but part of the payment may come from savings rather than ongoing earnings, so investors should watch how those payments are funded and whether they are sustainable over time.

net investment income financial

"may consist of net investment income, net realized short-term"

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.

return of capital financial

"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.

ex-date financial

"has a record date of November 16, 2026, and has an ex-date"

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.

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

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NEW YORK, Oct. 30, 2026 /PRNewswire/ -- Neuberger Next Generation Connectivity Fund Inc. (NYSE: NBXG) (the "Fund") has announced a distribution declaration of $0.132 per share of common stock. The distribution announced today is payable on November 30, 2026, has a record date of November 16, 2026, and has an ex-date of November 16, 2026.

Under its managed distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.132 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 short-term and long-term 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 2026 will be made after the end of the year.

About Neuberger

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 26 countries. The firm manages $613 billion of equities, fixed income, private markets, 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 is proud to be recognized for its commitment to its two constituents, clients and employees. Again this past year, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of June 30, 2026.

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.

How much is NBXG's increased monthly distribution and when is it payable?

The increased distribution is $0.132 per common share, payable November 30, 2026. The record date and ex-date are both November 16, 2026.

Will NBXG's distribution include return of capital, and when will its tax treatment be determined?

The distribution may include return of capital, net investment income and net realized short-term and long-term capital gains. Final sources and tax characteristics of all distributions paid in 2026 will be determined after year-end. Any Section 19 notice would provide estimated components for information, not tax reporting.