Neuberger NBXG Fund Raises Monthly Distribution to $0.132

Neuberger Next Generation Connectivity Fund Inc. (NYSE: NBXG) has lifted its monthly distribution rate and declared a per-share payout of $0.132 for common stockholders, the New York-based closed-end fund announced Wednesday.

The declared distribution is scheduled to be paid on November 30, 2026, to shareholders of record as of November's designated record date. The announcement signals an increase from the fund's prior distribution level, underscoring management's stated commitment to returning capital to investors on a regular monthly basis.

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NBXG focuses on companies positioned to benefit from the build-out of next-generation connectivity infrastructure, including technologies underpinning advanced wireless networks and digital communications. Closed-end funds of this type typically fund distributions through a combination of investment income, realized capital gains, and, in some cases, return of capital — the precise composition of which is generally disclosed in shareholder notices accompanying each payment.

Investors in closed-end funds are generally advised to review the source of distributions carefully, as payouts that include return of capital reduce the fund's net asset value rather than reflecting pure investment earnings. No additional breakdown of the distribution's composition was included in the announcement.

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