Neuberger Berman Next Generation Connectivity Fund declares $0.12 dividend
Seeking Alpha News (Mon, 3-Aug 4:31 AM ET)
NEUBERGER NEXT GENERATION CONNECTIVITY FUND ANNOUNCES MONTHLY DISTRIBUTION
PRNewswire (Fri, 31-Jul 4:30 PM ET)
Neuberger Berman Next Generation Connectivity Fund Inc. is a non-diversified, closed-end management investment company. The fund's investment objectives are to provide capital appreciation and income.
Neuberger Berman Next trades on the NYSE stock market under the symbol NBXG.
As of August 3, 2026, NBXG stock price climbed to $15.16 with 206,369 million shares trading.
NBXG has a beta of 1.49, meaning it tends to be more sensitive to market movements. NBXG has a correlation of 0.55 to the broad based SPY ETF.
NBXG has a market cap of $1.19 billion. This is considered a Small Cap stock.
In the last 3 years, NBXG traded as high as $17.43 and as low as $9.31.
NBXG has underperformed the market in the last year with a price return of +11.4% while the SPY ETF gained +21.1%. However, in the short term, NBXG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.4% vs +5.7% return in SPY. But in the last 2 weeks, NBXG shares have been beat by the market, returning +1.8% compared to an SPY return of +1.9%.
NBXG support price is $14.47 and resistance is $15.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NBXG shares will trade within this expected range on the day.