#United States #New York #Connectivity #NBXG #Neuberger Fund

Overview of the Fund

The Neuberger Next Generation Connectivity Fund Inc. (NYSE: NBXG) has recently made a significant announcement relevant to its shareholders. This update pertains to the sources of distribution established under Section 19(a) of the Investment Company Act of 1940. The Fund's Board of Directors approved a managed distribution policy, which allows for monthly cash dividends to be issued to stockholders. This reflects the ongoing commitment of the Fund to enhance shareholder value through consistent distributions.

Distribution Details

In September 2026, the Fund declared a distribution of $0.132 per share to stockholders recorded by October 15, 2026. This distribution is scheduled to be paid out by October 30, 2026. It is critical for current and prospective investors to understand not only the amount of this distribution but also the sources from which these funds are derived.

In the announcement, the Fund provided detailed estimates concerning the sources of the distribution for October 2026:

• - Net Investment Income: $0.00 (0.0%)
• - Net Realized Short-Term Capital Gains: $0.00 (0.0%)
• - Net Realized Long-Term Capital Gains: $0.126796 (96.0%)
• - Return of Capital or Other Sources: $0.00534 (4.0%)

As per the distribution estimates for the complete fiscal year, which runs from November 1, 2025, to October 31, 2026, these figures amount to a cumulative total of $1.4520 when combined with the current distributions.

Important Considerations

It’s vital for shareholders to note that a portion of this distribution may consist of a return of capital. This type of distribution indicates that some of the original investment is being returned, rather than just income generated by the Fund's investments. Such returns should not be mistaken for investment performance or yield; they are simply a part of how the Fund manages shareholder equity over time.

Investors are also advised that these estimates provided by the Fund are not final and may vary due to the Fund's fluctuating investment performance and other internal factors. Fund management will ultimately determine the actual amounts and sources for tax reporting purposes based on how the Fund performs through the remainder of the fiscal year.

Analysis of Performance

As of September 30, 2026, the Fund reported a current fiscal period's annualized distribution rate of 7.97% based on its net asset value (NAV). Furthermore, the cumulative total return on NAV since the fiscal year's beginning stands at 13.78%, indicating robust performance relative to market expectations. These statistics are important for shareholders to evaluate the Fund's ongoing performance relative to its operational goals.

Closing Remarks

In summary, the Neuberger Next Generation Connectivity Fund’s distribution announcement reflects its proactive approach towards maintaining shareholder confidence through regular cash distributions. However, shareholders should remain informed about the nature of these distributions, particularly regarding the balance between income and capital return, as well as the implications for their tax obligations. More detailed tax reporting will be provided through Form 1099-DIV at the end of the calendar year, ensuring transparency and compliance with federal regulations.

For any inquiries, shareholders can contact the Neuberger Internal Sales Services Department at 1-877-461-1899 for further information.