NEUBERGER NEXT GENERATION CONNECTIVITY FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Next Generation Connectivity Fund (NYSE: NBXG) declared a monthly distribution of $0.12 per share of common stock. The distribution is payable on August 31, 2026, to shareholders of record on August 17, 2026, which is also the ex-date.

According to the Fund, it currently targets regular monthly distributions of $0.12 per share under a level distribution policy, but continuation of this rate depends on investment income, capital gains, and expenses. Distributions may include net investment income, realized capital gains, and return of capital, with final 2026 tax character determined after year-end.

Positive

• Monthly distribution declared at $0.12 per share for August 31, 2026
• Fund targets regular $0.12 monthly distributions under a level distribution policy, subject to conditions

Negative

• No assurance current $0.12 distribution rate can be maintained over time
• Distributions may include return of capital, not solely net investment income
• Final tax character of 2026 distributions only determined after year-end

Market Context

Five prior monthly distribution announcements were followed by positive 24-hour reactions, adding a ...

Analysis

Five prior monthly distribution announcements were followed by positive 24-hour reactions, adding a consistent historical comparison to this recurring declaration. The stated possibility of return of capital is the main distribution-quality risk to monitor.

Key Figures

Distribution: $0.12 per share Payment Date: August 31, 2026 Record Date: August 17, 2026 +2 more

5 metrics

Distribution $0.12 per share Common stock distribution declaration

Payment Date August 31, 2026 Declared distribution payable date

Record Date August 17, 2026 Shareholder record date

Ex-Date August 17, 2026 Distribution ex-date

Disclosure Provision Section 19 Investment Company Act of 1940 distribution notice requirement

Historical Context

5 past events · Latest: Jun 30 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 30	Monthly distribution	Positive	+0.3%	Declared monthly distribution with income, capital gains, and return-of-capital disclosures
May 29	Monthly distribution	Positive	+0.7%	Declared recurring distribution under level distribution policy with tax-characterization caveats
Apr 30	Monthly distribution	Positive	+3.0%	Announced monthly payout while noting possible capital gains and return of capital
Mar 31	Monthly distribution	Positive	+2.1%	Declared monthly distribution subject to market conditions and tax treatment
Feb 27	Monthly distribution	Positive	+1.5%	Announced regular monthly payout with income and return-of-capital disclosures

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

Pattern Detected

The five prior comparable monthly distribution announcements were followed by positive 24-hour reactions, showing consistent historical alignment.

Key Terms

return of capital, net investment income, ex-date

3 terms

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.

net investment income financial

"a distribution will consist of only net investment income"

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.

ex-date financial

"has a record date of August 17, 2026, and has an ex-date of August 17, 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.

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

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NEW YORK, July 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 August 31, 2026, has a record date of August 17, 2026, and has an ex-date of August 17, 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 $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

What monthly distribution did NBXG announce on July 31, 2026?

NBXG announced a monthly distribution of $0.12 per share of common stock. According to the Fund, this payment is part of its level distribution policy, which currently anticipates regular monthly distributions of $0.12 per share, subject to market conditions and other factors.

When are the record date and ex-dividend date for NBXG's August 2026 distribution?

The record date and ex-dividend date for NBXG’s August 2026 distribution are both August 17, 2026. According to the Fund, shareholders on record that day will receive the $0.12 per share distribution, which is scheduled to be paid on August 31, 2026.

When will NBXG pay its declared $0.12 distribution in August 2026?

NBXG plans to pay the declared $0.12 per share distribution on August 31, 2026. According to the Fund, investors must be shareholders of record on August 17, 2026, which is also the ex-date, to be eligible to receive this monthly distribution payment.

What is NBXG's level distribution policy and current rate?

NBXG currently follows a level distribution policy targeting $0.12 per share in regular monthly distributions. According to the Fund, maintaining this rate depends on factors such as income from investments, availability of capital gains, and the level of Fund fees and expenses over time.

Can NBXG's distributions include return of capital instead of only income?

Yes, NBXG’s distributions may include net investment income, net realized capital gains, and return of capital. According to the Fund, this mix reflects its effort to maintain a stable distribution amount and may vary by period, rather than always being solely net investment income.

How will NBXG disclose the tax character of its 2026 distributions?

NBXG will determine the final source and tax characteristics of all 2026 distributions after year-end. According to the Fund, Section 19 notices, when required, will be informational only and will provide estimated portions from net investment income, capital gains, and return of capital.