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Neuberger Berman Next Generation Connectivity Fund (NBXG)

U.S. Equity Funds - General Equity Funds

Data as of June 14, 2024
Market Price $12.71 ( $0.00)
NAV (June 14, 2024) $14.62 (- $0.02)
Fund Listed NYSE
Premium / Discount -13.06% (+0.12%)
Fund Info
Inception May 26, 2021
Sponsor Neuberger Berman Management
Website https://www.nb.com/en/...
Location New York
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Term Date May 26, 2033
Objective: Capital appreciation and income By investing in equity securities of U.S. and non-U.S NextGen Companies.
Related Indexes
High Income Index
Equity Income Index
Global Equity Index
60/40 Balanced (w/ BDCs) Index
All Sector Equity CEF Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 78,761,496
Total Assets (Reported: Oct. 31, 2023) $948M
Estimated Total Assets $1,151M
Net Assets $1,151M
Market Cap $1,001M
Portfolio Turnover 31.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.32%
Non Lev Exp Ratio 1.32%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -15.28%
Discount Low(3 Yr) -21.97%
Discount High(3 Yr) 1.95%
Discount Rel Range (3 Yr) 37.24%
Comp Discount -7.03
Discount St Dev (1Yr) 1.66
Z-Stat (6mo) 1.88
Z-Stat (1Yr) 2.31
Z-Stat (3Yr) 0.42
Comp Z-Stat (6mo) 1.55
Comp Z-Stat (3Yr) 0.82
Distribution Data
Market Yield 9.44%
Income Yield 0.00%
Lev Adj NAV Yield 8.21%
Distribution Frequency M
Current Distribution $0.100
Current Income $0.000
Ex-Date 6/17/24
Payable Date 6/28/24
Div Growth (3yr) 0.00%
Dividend Change % on
Expected Div 6/28/24
RoC (1yr) 100.00%
RoC (3yr) 93.71%
Tax Dividend Data 2023 2021 - 2023
Income 0% 12.2%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 100% 87.8%
Volume & Liquidity
Average Daily $ (K) $3,152
Avg Volume 30 day 236,988
Avg Volume 90 day 248,028
Volume Trend -4.45%
Comp Volume Trend 4.00%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's US Equity Index
Most Correlated Peer (Mk Pr): ADX 78.0%
NAV - Price Correlation (30 d) 73.3%
NAV - Price Correlation (90 d) 85.0%
NAV - Price Correlation (1 Yr) 96.2%
Price St Dev (1Yr) 18.8%
NAV St Dev (1Yr) 14.4%
Earnings / Share (10/31/23) $-0.005
Earn Coverage 0.00%
Earnings Trend Up
UNII / Share (10/31/23) $-0.013
UNII Trend Up
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's US Equity Index


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

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