[ad_1]
new york, March 28, 2024 /PRNewswire/ — Neuberger Berman Next Generation Connectivity Fund Inc. (New York Stock Exchange: NBXG) (the “Fund”) is $0.10 per common share. The distribution announced today is April 30, 2024the recording dates are: April 15, 2024the expiration date is: April 12, 2024.
Under an equal distribution policy, the Fund expects to make regular monthly distributions depending on market conditions. $0.10 per common share unless further action is taken to determine a different amount. The Fund’s ability to maintain its current distribution rate depends on many factors, including the amount and stability of income received from investments, the presence of capital gains, and the level of other Fund fees and expenses. There is no guarantee that the Fund will be able to pay any particular amount of distributions at any given time or that distributions will consist solely of net investment income.
In our efforts to maintain stable distributions, the distributions announced today and future distributions may consist of net investment income, net realized capital gains and capital returns. Pursuant to Section 19 of the Investment Company Act of 1940, as amended, notice will be provided for distributions that do not consist solely of net investment income. This notice is for informational purposes only, not for tax reporting purposes, and is intended to disclose the estimated portion of distributions, if any, consisting of net investment income, capital gains, and return of capital. A final determination of the source and tax nature of all distributions payable in 2024 will be made after year-end.
About Neuberger Berman
Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment management firm with 2,800 employees in 26 countries.managed by the company $463 billion We offer equity, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger His Berman investment philosophy is based on active management, fundamental research, and active ownership. UNPRI named the company a leader. This designation is given to less than 1% of investment firms that excel in environmental, social, and governance practices. Neuberger Berman has been ranked either the #1 or #2 Best Place to Work in Money Management (companies with 1,000 or more employees) by the Pensions & Investment Board in each of the past 10 years. For more information, please visit www.nb.com.Current data December 31, 2023.
The forward-looking statements made in this release involve risks and uncertainties. Such risks and uncertainties include declines in securities markets or declines in the Fund’s performance, general economic downturns, competition from other closed-end investment companies, changes in government policy or regulation, and reduced capacity. including, but not limited to, adverse effects caused by the Fund’s investment adviser’s inability to attract or retain key employees, the Fund’s inability to implement its investment strategy, the Fund’s rapid expansion and unanticipated costs, and related to legal proceedings and investigations by governmental and self-regulatory agencies; and our inability to control the effects of other factors.
contact:
Neuberger Berman Investment Advisors LLC
Investor information
(877) 461-1899
Source Neuberger Berman
[ad_2]
Source link
