Neuberger NBXG Fund Raises Monthly Distribution to $0.132

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

The declared distribution is scheduled for payment on November 30, 2026, with a record date in November, according to the fund's announcement. The increase marks an uptick in the per-share payout for holders of the closed-end fund, which focuses on next-generation connectivity themes including telecommunications infrastructure and related technology sectors.

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Closed-end funds such as NBXG typically distribute income and capital gains to shareholders on a regular schedule, and changes to distribution rates are closely watched by income-oriented investors as signals of underlying portfolio performance and management confidence. An increased rate can reflect stronger income generation, realized gains, or a deliberate policy adjustment by the fund's board.

NBXG trades on the New York Stock Exchange, giving retail and institutional investors exchange-based access to the fund's connectivity-focused strategy. Shareholders of record as of the November record date will be eligible to receive the upcoming payment at the new rate.

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