Neuberger NBXG Fund Raises Monthly Distribution to $0.132 Per Share

Neuberger Next Generation Connectivity Fund Inc. (NYSE: NBXG) announced an increase in its monthly distribution rate to $0.132 per share of common stock, up from the prior rate of $0.12 per share, according to a statement released September 30, 2026. The adjustment represents a roughly 10% rise in the per-share payout delivered to common stockholders.

The New York-based closed-end fund focuses on next-generation connectivity themes, an investment category that broadly encompasses companies tied to advancing telecommunications infrastructure, wireless networks, and related technology. Distribution rate changes in closed-end funds are closely watched by income-oriented investors as a signal of a manager's assessment of sustainable income from underlying holdings.

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Raising a distribution rate rather than maintaining or trimming it can reflect improved income dynamics within the portfolio, though closed-end fund distributions may also include return of capital components, which investors typically examine in accompanying fund disclosures. Shareholders and prospective buyers are generally advised to review the fund's official notices to understand the full composition of any declared distribution.

The declaration covers the next scheduled monthly distribution, continuing the fund's practice of regular monthly payouts to shareholders on the common stock register. No changes to the fund's investment mandate or management structure were announced alongside the distribution update.

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