NEUBERGER NEXT GENERATION CONNECTIVITY FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Next Generation Connectivity Fund (NYSE: NBXG) declared a $0.12 per share monthly distribution payable April 30, 2026, with record and ex-date of April 15, 2026. Under its level distribution policy, the Fund expects regular monthly distributions of $0.12 per share, subject to market conditions.

The Fund said distributions may include net investment income, net realized capital gains and return of capital; final tax characterization for 2026 will be determined after year end.

Positive

• $0.12 per share monthly distribution declared
• Distribution payable on April 30, 2026
• Level distribution policy targets regular monthly payments

Negative

• Distributions may include return of capital
• No assurance Fund can maintain current distribution rate
• Final tax characterization of 2026 distributions determined after year end

Key Figures

Monthly distribution: $0.12 per share Payable date: April 30, 2026 Record date: April 15, 2026 +1 more

4 metrics

Monthly distribution $0.12 per share Declared under level distribution policy

Payable date April 30, 2026 Payment date for announced distribution

Record date April 15, 2026 Shareholders of record for distribution

Ex-date April 15, 2026 Ex-dividend date for distribution eligibility

Market Reality Check

Price: $12.35 Vol: Volume 236,133 vs 20-day ...

normal vol

$12.35 Last Close

Volume Volume 236,133 vs 20-day average 198,773 ahead of the distribution update. normal

Technical Price 12.87 is trading below the 200-day MA of 14.42, after a -1.44% 24h move.

Peers on Argus

NBXG fell 1.44% while peers like NFJ (+1.69%) and BSTZ (+3.55%) gained, indicati...

NBXG fell 1.44% while peers like NFJ (+1.69%) and BSTZ (+3.55%) gained, indicating stock-specific dynamics rather than a sector-wide move.

Historical Context

5 past events · Latest: Feb 27 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 27	Monthly distribution	Neutral	+1.5%	Declared $0.12 monthly distribution payable March 31, 2026.
Jan 30	Monthly distribution	Neutral	-0.4%	Declared $0.12 monthly distribution payable February 27, 2026.
Dec 31	Monthly distribution	Neutral	+1.0%	Declared $0.12 monthly distribution payable January 30, 2026.
Nov 28	Monthly distribution	Neutral	-0.3%	Announced $0.12 monthly distribution payable December 31, 2025.
Oct 31	Monthly distribution	Neutral	+0.7%	Declared $0.12 monthly distribution payable November 28, 2025.

Pattern Detected

NBXG has repeatedly announced identical $0.12 monthly distributions, with mixed but generally modest 24h price reactions around these updates.

Recent Company History

Over the last several months, NBXG has consistently declared monthly distributions of $0.12 per share under a level distribution policy, with payments scheduled at month-end and mid-month record/ex-dates. Each release reiterated that payouts may include net investment income, capital gains, and return of capital, with tax character determined after year-end. Price reactions to these distribution announcements have been small and mixed, suggesting the market largely viewed them as routine and expected.

Market Pulse Summary

This announcement continued NBXG’s pattern of monthly distributions of $0.12 per share, with a clear...

Analysis

This announcement continued NBXG’s pattern of monthly distributions of $0.12 per share, with a clearly defined record date, ex-date, and payable date in April 2026. The fund reiterated that payouts may combine net investment income, capital gains, and return of capital, with final tax characterization set after year-end. Investors may watch how consistently the fund maintains this level distribution and whether future notices indicate shifts in the mix of distribution sources.

Key Terms

record date, ex-date, net investment income, net realized capital gains, +2 more

6 terms

record date financial

"has a record date of April 15, 2026, and has an ex-date"

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 April 15, 2026, and has an ex-date of April 15, 2026."

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.

net investment income financial

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

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"

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.

investment company act of 1940 regulatory

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

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. Not financial advice.

NEW YORK, March 31, 2026 /PRNewswire/ -- Neuberger 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 April 30, 2026, has a record date of April 15, 2026, and has an ex-date of April 15, 2026.

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 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 27 countries. The firm manages $563 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 is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, 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 December 31, 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 Neuberger Next Generation Connectivity Fund (NBXG) declare for April 2026?

The Fund declared a $0.12 per share monthly distribution payable April 30, 2026. According to the company, the record and ex-date for the distribution are April 15, 2026, and payments follow its level distribution policy.

Will the NBXG April 2026 distribution include return of capital?

The distribution may include return of capital as well as income and gains. According to the company, maintaining a stable distribution could involve net investment income, net realized capital gains and return of capital.

When is the NBXG distribution ex-date and record date for the April 30, 2026 payment?

The ex-date and record date are both April 15, 2026. According to the company, shareholders of record on April 15 will be eligible for the April 30, 2026 distribution payment.

Does NBXG guarantee the $0.12 monthly distribution will continue?

No, the Fund does not guarantee continued payments at $0.12 per month. According to the company, the ability to maintain the rate depends on income, capital gains, and fees and expenses.

How will shareholders know the tax composition of NBXG distributions in 2026?

Final tax composition will be determined after year end and disclosed accordingly. According to the company, a Section 19 notice would inform investors if a distribution does not consist solely of net investment income.