Neuberger Berman Next Generation Connectivity Fund (NBXG)

• Market cap: $901M
• 1 day: 0.26%
• 5 days: -0.52%
• 1 month: -8.33%
• 3 months: -13.27%
• 6 months: -11.04%
• Year to date: -10.97%
• 1 year: -1.12%
• 5 years: -42.80%
• 10 years: -42.80%
• Sector: Financials
• Industry: Asset Management

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 Q4 regulatory disclosures by fund managers ($100M+ AUM)

157% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 7

13% more funds holding

Funds holding: 71 [Q3] → 80 (+9) [Q4]

12% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 26

6% more capital invested

Capital invested by funds: $356M [Q3] → $377M (+$21M) [Q4]

2.33% more ownership

Funds ownership: 35.26% [Q3] → 37.59% (+2.33%) [Q4]