Neuberger Berman Next Generation Connectivity Fund Declares Monthly Distribution of $0.10 Per Share

Neuberger Berman Next Generation Connectivity Fund Distribution Announcement

On May 30, 2025, Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) unveiled its latest monthly dividend of $0.10 per share of common stock. This distribution, crucial for investors, is scheduled for payment on June 30, 2025, with a record date of June 16, 2025. This announcement continues the fund's commitment to regular monthly distributions, which may depend heavily on market conditions.

The decision to maintain such distribution levels is integral, driven by several financial aspects including the fund's income from investments, capital gains, and its operational costs. The management team emphasizes that while they strive for consistency in these dividends, fluctuations may occur based on income stability and other financial constraints.

Neuberger Berman employs a level distribution policy that aims for $0.10 monthly payouts unless revised decisions reflect different amounts. However, it is vital for shareholders to recognize that not every distribution will necessarily be from net investment income. On the contrary, future distributions could comprise net realized capital gains and returns on capital. This approach is aligned with their objective of providing a steady cash flow to shareholders while adhering to the regulatory framework stipulated by the Investment Company Act of 1940.

Shareholders will be promptly informed about any distribution that doesn't solely represent net investment income. This information is pivotal for assessing tax implications on dividends. Neuberger Berman commits to providing a detailed breakdown of each distribution’s components post each fiscal year, ensuring transparency among investors.

About Neuberger Berman

Neuberger Berman, established in 1939, is a prominent employee-owned and private independent investment management firm. With a workforce of over 2,800 employees spanning 26 countries, it expertly manages an impressive portfolio amounting to $515 billion. This portfolio includes equities, fixed income, private equity, real estate, and hedge fund investments for various global institutions and individuals. The firm’s financial ethos is rooted in active management, rigorous research, and dedicated ownership.

Recognized by Pensions & Investments as one of the leading workplaces in money management for more than a decade, Neuberger Berman harbors a reputation for cultivating both investment acumen and employee satisfaction.

As investors consider the ongoing distribution policies, they should remain vigilant regarding the broader financial landscape. Market downturns and other unforeseen economic challenges could pose risks to fund performance, potentially influencing dividend reliability. Therefore, active engagement with funding updates and financial reports is advised for prudent investment strategies.

In conclusion, as Neuberger Berman continues to navigate the complexities of the investment landscape, investors in the Next Generation Connectivity Fund can anticipate regular updates and detailed insights concerning their dividends, fostering an informed investment approach. The firm’s dedication to transparency and proactive management remains a reliable pillar for its stakeholders.