Neuberger Berman Next Generation Connectivity Fund (NBXG)

• Market cap: $1.06B
• 1 day: 2.35%
• 5 days: 4.49%
• 1 month: 4.65%
• 3 months: 5.39%
• 6 months: 7.91%
• Year to date: 5.06%
• 1 year: 19.47%
• 5 years: -32.50%
• 10 years: -32.50%

About: 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. 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 is relevant to the theme of investing in "NextGen Companies".

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

1% more funds holding

Funds holding: 70 [Q2] → 71 (+1) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 27

4.11% less ownership

Funds ownership: 39.38% [Q2] → 35.27% (-4.11%) [Q3]

11% less capital invested

Capital invested by funds: $400M [Q2] → $356M (-$44M) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]