Add as a preferred source on GoogleNeuberger Fund Sets $0.132 Monthly Distribution for November
The fund raised its monthly rate 10% in September and set Nov. 16 as the record and ex-dividend date.
Neuberger Next Generation Connectivity Fund Inc. (NYSE: NBXG) declared a $0.132 monthly distribution for common shareholders on Oct. 30, 2026, continuing a rate raised 10% in September.
The payment is scheduled for Nov. 30, 2026. The fund set Nov. 16, 2026, as both the record date and ex-dividend date.
In September, the fund raised its monthly rate from $0.12 to $0.132 per share. At the current rate, the distribution annualizes to $1.584 per share.
NBXG anticipates regular monthly distributions at the current rate, subject to market conditions and possible further action. Distributions may include net investment income, realized capital gains or return of capital. The fund has not estimated the source breakdown for the November payment, and the final tax character of 2026 distributions will be determined after year-end.
NBXG is a non-diversified, limited-term closed-end fund focused on next-generation mobile connectivity and technology. Its objective is capital appreciation and income. The fund said, “There is no assurance that the Fund will always be able to pay a distribution of any particular amount.” The next payment is scheduled for Nov. 30, 2026.