NEUBERGER NEXT GENERATION CONNECTIVITY FUND ANNOUNCES MONTHLY DISTRIBUTION

Neuberger Next Generation Connectivity Fund (NYSE: NBXG) declared a monthly distribution of $0.12 per common share, payable May 29, 2026, with record and ex-date of May 15, 2026.

Rhea-AI Summary

Neuberger Next Generation Connectivity Fund (NYSE: NBXG) declared a monthly distribution of $0.12 per common share, payable May 29, 2026, with record and ex-date of May 15, 2026.

Under its level distribution policy the Fund expects regular monthly payments of $0.12 per share, subject to market conditions; distributions may include net investment income, net realized capital gains, and return of capital. Final tax characterization for 2026 distributions will be made after year-end.

Positive

• $0.12 monthly distribution declared
• Payment date set for May 29, 2026
• Record and ex-date on May 15, 2026
• Fund maintains a level distribution policy for monthly payouts

Negative

• Distributions may include return of capital
• No assurance Fund can maintain $0.12 rate
• Final tax characterization of 2026 distributions determined after year-end

Argus May 1 session

+2.95% close to close Open Argus

Details

News Market Reaction – NBXG

In the May 1 session, NBXG gained 2.95%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement continues NBXG’s level distribution policy, declaring a $0.12 per-share payout for...

Analysis

This announcement continues NBXG’s level distribution policy, declaring a $0.12 per-share payout for May 29, 2026, with a record and ex-date of May 15, 2026. The fund reiterates that distributions may include net investment income, capital gains, and return of capital, with final 2026 tax characterization determined year-end. In context of a previously reported 30.78% NAV total return versus a 22.64% benchmark, investors may watch how portfolio performance supports ongoing payout stability.

Key Figures

Monthly distribution: $0.12 per share Record and ex-date: May 15, 2026 Total return on NAV: 30.78% +5 more

Monthly distribution

$0.12 per share

Declared for payment on May 29, 2026

Record and ex-date

May 15, 2026

Record date and ex-date for May 29, 2026 distribution

Total return on NAV

30.78%

Year ended Oct 31, 2025 (from N-CSR filing)

Benchmark return

22.64%

MSCI ACWI (Net) for year ended Oct 31, 2025

Market-price total return

33.17%

Year ended Oct 31, 2025

Net assets

$1,366.3 million

Net assets applicable to common stockholders, Oct 31, 2025

Annual distributions

$1.22 per share

Total distributions in 2025, all return of capital

NAV per share

$17.35

NAV per share as of Oct 31, 2025

Historical Context

5 past events · Latest: Mar 31

5 events

1. Mar 31

   Monthly distribution

   24h Move

   +2.1%

   Reaffirmed $0.12 monthly payout with standard tax and source caveats.

2. Feb 27

   Monthly distribution

   24h Move

   +1.5%

   Declared $0.12 March distribution under level distribution policy.

3. Jan 30

   Monthly distribution

   24h Move

   -0.4%

   Announced $0.12 February distribution with standard composition language.

4. Dec 31

   Monthly distribution

   24h Move

   +1.0%

   Confirmed $0.12 January distribution and ability-to-sustain caveats.

5. Nov 28

   Monthly distribution

   24h Move

   -0.3%

   Declared $0.12 December payout and reiterated level distribution 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 May 29, 2026, has a record date of May 15, 2026"

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 May 15, 2026, and has an ex-date of May 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.

Section 19 of the Investment Company Act of 1940 regulatory

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

Section 19 of the Investment Company Act of 1940 bars the resale or distribution of mutual fund or other investment company shares that were originally acquired in violation of the Act, and gives the fund certain remedies such as reclaiming profits or undoing the sale. For investors and intermediaries this matters because it can make otherwise tradable shares illiquid or subject to forced recovery, creating legal and financial risk similar to buying a product that can later be recalled and refunded.

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

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NEW YORK, April 30, 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 May 29, 2026, has a record date of May 15, 2026, and has an ex-date of May 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 26 countries. The firm manages $567 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 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 March 31, 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.

What distribution did Neuberger Next Generation Connectivity Fund (NBXG) announce for May 2026?

The Fund announced a $0.12 per share monthly distribution. According to the company, the distribution is payable May 29, 2026, with record and ex-date of May 15, 2026.

When is the ex-dividend date for NBXG's April 30, 2026 distribution?

The ex-date is May 15, 2026. According to the company, shareholders who purchase before that date will be eligible for the May 29, 2026 payment.

Will NBXG's $0.12 distribution always be paid from net investment income?

Not necessarily; distributions may include net investment income, capital gains, or return of capital. According to the company, final source breakdown for 2026 will be reported after year-end.

How does NBXG describe its distribution policy and frequency?

NBXG follows a level distribution policy targeting regular monthly payments of $0.12 per share. According to the company, payments remain subject to market conditions and management actions.

What tax information will NBXG provide about 2026 distributions (NYSE: NBXG)?

The Fund will disclose estimated distribution components for information only and finalize tax character after year-end. According to the company, a Section 19 notice is provided if distributions are not solely net investment income.