NBXG · Neuberger Next Generation Connectivity Fund
Know the company
Company overview
Neuberger Next Generation Connectivity Fund invests in public and selected private technology businesses tied to modern networks and digital services. Its result depends chiefly on what those holdings become worth, not just the dividends they pay.
Business
Technology equity CEF
Listing
NBXG · New York Stock Exchange
Reporting period
2026-04-30
Dividend schedule
Monthly
How the business works
Portfolio dividends and interest become net investment income after costs. Public-share performance and private-investment marks affect NAV separately and can dominate an equity-led managed distribution.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income-$0.06
Nov 1, 2025 to Apr 30, 2026
-$0.06$0.00
Distribution yield9.34%Sourced distributions divided by dated market priceReported annual income yield-0.59%Reported net investment income $-0.0900 per share for 2024-11-01 to 2025-10-31, divided by approved 2025-10-31 market price $15.2900. Excludes capital gains; historical, not a current yield or forecast.Reported annual investment income$-0.09Per share for 2025 FY. Excludes investment gains.Annual dividend$1.44Current regular payment annualized per share
Dividend payment history
Date or month
Per share
Sep 30, 2026
$0.12
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
How to read NBXG income
Dividends received after fund expenses help explain recurring income. Realized gains and return of capital are separate sources of distributions.
Watch dividend changes in the holdings and NAV over time. A high distribution rate does not guarantee stable capital.
Income and distributions
Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Dividends received after fund expenses help explain recurring income. Realized gains and return of capital are separate sources of distributions.
Fund net investment income per common share; actual reporting period, not annualized−$0.0600
$-0.10$0.00
For the six months ended April 30, 2026, NBXG recorded a $0.06 net investment loss per common share and $0.72 of distributions. NAV moved from $17.35 to $16.95. The income loss does not measure the full technology investment result; payment sources and NAV show why the cash deserves review on a total-return basis.
Portfolio dividends and interest, realized investment results and any option activity contribute to distribution resources after expenses. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
Neuberger Next Generation Connectivity Fund reported $-0.0600 per share for 2025-11-01 through 2026-04-30, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Losses or weaker cash generation in connectivity and technology companies can reduce the resources available for future distributions.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
A maintained payment can exceed investment results. Review NAV and reported income together rather than treating distribution yield as total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Read the next like-length investment result and distribution sources with public holdings, private marks and NAV. Do not turn an income-only loss into a whole-portfolio verdict.
Net asset value (NAV)
NAV per share$18.07Sep 29, 2026Market price$15.57Sep 29, 2026PREMIUM / DISCOUNT TO NAV13.84% discountCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
CEFConnect current common-share NAV and closing market price, both dated 2026-09-29. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.
Read the next like-length investment result and distribution sources with public holdings, private marks and NAV. Do not turn an income-only loss into a whole-portfolio verdict.
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U.S. federal · Tax year 2025
Dividend tax treatment
The fund's 2025 breakdown shows mainly return of capital and ordinary dividends. The mix can change from year to year.
This company information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.
Ordinary, nonqualified
12.6%
Qualified dividends
6.45%
Capital-gain distributions
0%
Return of capital
80.95%
Tax year: 2025. Total distributions: $1.26 per share.
Tax details and source
Total ordinary dividends (includes qualified)
19.05%
Section 199A portion (within ordinary dividends)
0%
Exempt-interest distributions
0%
Reporting form
Form 1099-DIV
Source date
Not stated
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
