Neuberger Brmn Nxt Gnrtn Cnnctvty:NBXG

    Manage Alerts

    Overview

    As of 12/20/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$12.75$14.84-14.08%
    52 Wk Avg$12.20$14.20-14.13%
    52 Wk High$13.66$15.47-10.37%
    52 Wk Low$10.56$12.78-19.69%
    Regular Distribution TypeIncome Only
    Distribution Rate9.41%
    Distribution Amount$0.1000
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s investment objectives are to provide capital appreciation and income.Under normal market conditions, the Fund will invest at least 80% of its total assets in equity securities issued by U.S. and non-U.S. companies, in any market capitalization range, that are relevant to the theme of investing in 'NextGen Companies.'

    Capital Structure

    As of 12/20/2024

    Total Investment Exposure:$1,168.821M
    Total Common Assets:$1,168.821M
    Common Shares Outstanding:78,761,496
    Annual Expense Ratios

    As of 10/31/2024

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.32%
    Fund Management

    Fund Sponsor
    Neuberger Berman

    Portfolio Managers
    Timothy Creedon, Hariharan Ramanan, Yan Taw (YT) Boon

    Basics
    Category: Equity-U.S. Equity
    Ticker: NBXG
    NAV Ticker: XNBGX
    Average Daily Volume (shares): 236,750
    Average Daily Volume (USD): $2.880M
    Inception Date: 5/25/2021
    Inception Share Price: $20.00
    Inception NAV: $20.00
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 12/20/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2024
    -$0.0193
    Annualized Distribution Rate on NAV:
    As of 12/20/2024
    8.09%
    Total Return on NAV (12 months):
    As of 12/20/2024
    26.07%
    Total % Portfolio Effectively Leveraged:
    As of 12/20/2024
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/20/2024

    PeriodAvg Discount
    6 Month-12.26%
    1 Year-14.13%
    3 Year-16.42%
    5 Year 
    Z-Score

    As of 12/20/2024

    PeriodZStat
    3 Month-2.09
    6 Month-2.24
    1 Year0.02
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF US Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD31.94%19.72%25.84%21.06%
    202334.89%28.59%15.59%17.84%
    2022-41.36%-36.50%-20.28%-16.72%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF US Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 11/30/2024
    67
    Annual Portfolio Turnover:
    As of 10/31/2024
    31.00%
    Asset Allocation

    As of 11/30/2024

    Top Sectors

    As of 11/30/2024

    Sector%Portfolio
    Sensitive (Super Sector)62.73%
    Technology46.60%
    Communication Services16.13%
    Cyclical (Super Sector)14.80%
    Consumer Cyclical13.07%
    Cash Equivalents (Super Sector)7.43%
    Cash Equivalents7.43%
    Preferred Stock6.04%
    Corporate (Super Sector)6.04%
    Defensive (Super Sector)2.82%
    Top Holdings

    As of 11/30/2024

    HoldingValue% Portfolio
    Meta Platforms Inc Class A$62.29M5.25%
    Amazon.com Inc$61.29M5.17%
    Taiwan Semiconductor Manufacturing Co Ltd ADR$51.75M4.36%
    NVIDIA Corp$39.68M3.35%
    AT&T Inc$37.29M3.15%
    International Business Machines Corp$36.76M3.10%
    Nb A24 Nbxg Blocker Llc Common Stock$31.94M2.69%
    DraftKings Inc Ordinary Shares - Class A$31.00M2.61%
    Dell Technologies Inc Ordinary Shares - Class C$28.03M2.36%
    Cisco Systems Inc$27.73M2.34%
    Credit Quality

    As of 11/30/2024

    Country Allocation

    As of 11/30/2024

    Country% Portfolio
    United States - Equity66.34%
    Taiwan - Equity4.36%
    Brazil - Equity2.26%
    Netherlands - Equity1.81%
    Japan - Equity1.20%
    South Korea - Equity1.10%
    Singapore - Equity1.07%
    China - Equity1.04%
    Sweden - Equity1.03%
    Mexico - Equity0.14%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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