Neuberger Next Generation Connectivity Fund Inc.
NBXG
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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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.- CEO
- Joseph Vincent Amato
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1290 Avenue of the Americas New York City NY United States of America 10104
- IPO Date
- May 26, 2021
- CIK
- 0001843181
- Website
- nb.com
- Similar Companies
- Business
- Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) is a non-diversified, limited term closed-end management investment company that seeks capital appreciation and income through investments in equity securities of U.S. and non-U.S. companies tied to next generation mobile network connectivity and technology. The Fund invests at least 80% of its total assets in equity and equity-related securities issued by companies, across all market capitalizations, that demonstrate significant growth potential from the development, advancement, use, or sale of products, processes, or services related to fifth generation (5G) mobile networks, future generations of mobile connectivity, fiber-optic systems, satellite communications, data centers, cloud computing, edge computing, network densification, and Internet of Things (IoT) technologies; its portfolio includes holdings in hardware and software providers, telecommunications carriers, semiconductor manufacturers, equipment suppliers, and established leaders as well as high-growth firms such as Meta Platforms Inc., Amazon.com Inc., Taiwan Semiconductor Manufacturing Company, AT&T Inc., and NVIDIA Corporation. NBXG targets the technology and communications sectors, providing investors exposure to a global portfolio focused on an estimated $13.1 trillion opportunity in next generation connectivity, with operations spanning U.S. and international markets. Founded in 2021 and headquartered at 1290 Avenue of the Americas, New York, New York, the Fund is managed by Neuberger Berman Investment Advisers LLC, leveraging a global investment team overseen by portfolio managers in Asia and the U.S. In recent developments, NBXG earned a 5-star Overall Morningstar Rating and a 5-star rating for its 3-year performance in the U.S. Closed-End Technology category as of June 2025, reflecting strong risk-adjusted returns relative to peers; the Fund has maintained a consistent monthly distribution policy, declaring $0.10 per share payable on July 31, 2025 (record and ex-date July 15, 2025) and similar distributions through November 2025, funded by investment income, capital gains, and return of capital where applicable; recent SEC filings include semi-annual shareholder reports (N-CSRS filed June 2025 covering the period ended April 30, 2025), monthly portfolio reports (N-PORT), and Schedule 13D/A amendments reflecting ongoing institutional ownership adjustments by Saba Capital Management.