#United States #New York #Neuberger Berman #distribution rate #Connectivity Fund

Neuberger Berman Fund Increases Monthly Distribution Rate

The Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) has revealed an exciting update for its investors. As of September 29, 2025, the Fund announced a 20% increase in its monthly distribution rate, raising it from $0.10 to $0.12 per share of common stock.

This adjustment is a significant move that reflects the Fund's commitment to providing strong returns for its investors. The new distribution rate will be effective from October 31, 2025, with the record date set for October 15, 2025. Investors should note that the ex-dividend date is also October 15, 2025. This increment signifies an annualized distribution of $1.44 per share, compared to the previous amount of $1.20.

Understanding the Distribution Change

The Fund's new monthly distribution represents an approximate rate of 9.49% based on the current market price, and an 8.44% rate according to its net asset value as of September 26, 2025. This change is in line with the Fund's level distribution policy, which aims to provide predictable monthly distributions, contingent on favorable market conditions. To sustain the current distribution rate, the Fund must consider several factors, including the nature and consistency of income generated from its investments, available capital gains, and overall Fund expenses.

Due to this overarching goal of maintaining stable distributions, the announced change, along with future distributions, may combine various components. These can include net investment income, net realized capital gains, and a return of capital. Under the Investment Company Act of 1940, any distributions that are not solely derived from net investment income will necessitate a notice detailing the sources of these distributions, intended for informational awareness but not for tax reporting purposes.

About Neuberger Berman

Neuberger Berman is an established employee-owned investment manager with a history dating back to 1939. The firm operates across 26 countries, managing over $538 billion in assets. Their expansive portfolio encompasses equities, fixed income, private equity, real estate, and hedge funds targeted at institutional clients, advisors, and individual investors. Neuberger Berman upholds a philosophy centered around active management, rigorous research, and engaged ownership, indicating their strong commitment to responsible investing.

Having consistently been recognized as a top workplace by Pensions & Investments, Neuberger Berman has earned accolades for its workplace culture and employee satisfaction for over a decade.

For further insights and specifics about their investment strategies, visit Neuberger Berman's website.

Final Thoughts

As the financial landscape continues to evolve, every distribution announcement is essential for investors. The increase in the distribution rate by Neuberger Berman Next Generation Connectivity Fund is a positive indication of the Fund's operational competence and dedication to its investors. However, shareholders should remain vigilant about market factors and the Fund's performance that could impact future distributions. Investors are encouraged to consult with their financial advisors to navigate these developments effectively and make informed investment decisions.