Neuberger Berman Next Generation Connected Consumer ETF
NBCC
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- DE United States of America
- IPO Date
- Apr 7, 2022
- CIK
- 0001506001
- Similar Companies
- Business
- Neuberger Berman Next Generation Connected Consumer ETF (NBCC) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in companies positioned to benefit from early-stage consumer trends driven by the digitally connected and economically influential Generations Y and Z. The ETF primarily targets growth-biased opportunities across connected consumer themes including commerce, wellness, and experiences; it invests globally in equities spanning market capitalizations and company lifecycles, with a portfolio emphasizing consumer discretionary (approximately 44%), communication services (19%), and consumer staples (18%) sectors, alongside holdings in information technology, financials, healthcare, industrials, and cash. Key holdings include Spotify Technology SA, Philip Morris International Inc., Carnival Corporation, DraftKings Inc., Home Depot Inc., T-Mobile US Inc., EssilorLuxottica SA, Ulta Beauty Inc., Unilever PLC, and McDonald's Corporation; the fund processes six terabytes of alternative data daily, such as customer reviews, geolocation, web browsing, app usage, social media, and supply chain metrics, to identify nascent megatrends primed for mass adoption. Launched on April 6, 2022, and listed on NYSE Arca, NBCC is managed by Neuberger Berman Investment Advisers LLC, with a net expense ratio of 0.55% and assets under management of approximately $7.53 million as of mid-2025. The fund operates geographically with primary exposure to North America (67.5%), Europe, Middle East, and Africa (26.9%), and Asia (0.8%), targeting companies tied to connectivity-based consumerism including 5G technologies and future mobile networks. Portfolio managers include Kevin McCarthy, John San Marco, CFA, Kai Cui, PhD, under the oversight of Hari Ramanan, CIO of Global Research Strategies, and Timothy Creedon, CFA, Director of Global Equity Research. In a significant recent development announced on June 26, 2025, Neuberger Berman stated that NBCC will liquidate on or about August 21, 2025, with creation and redemption of units ceasing on August 14, 2025, marking the final trading day on NYSE Arca; shareholders may sell shares at market price until cessation of exchange trading. This liquidation represents a major operational change for the ETF, which had delivered a one-year return of 21.80% (NAV basis) as of June 30, 2025, amid a dynamic economic landscape influenced by digitally native generations. No other major acquisitions, partnerships, funding rounds, or new product launches specific to NBCC were reported in the last 1-2 years, though Neuberger Berman as a firm pursued broader initiatives such as strategic investments by its Capital Solutions arm and closures of unrelated specialty finance and co-investment funds.