This adjustment brings the fund’s annualized distribution to $1.584 per share. Based on market data from September 29, 2026, the new rate reflects a yield of approximately 10.17% relative to market price and 8.77% of net asset value. Shareholders of record by October 15, 2026, will receive the payment on October 30.
In section Releases
Neuberger Connectivity Fund Hikes Monthly Payout by 10 Percent
The Neuberger Next Generation Connectivity Fund has raised its monthly distribution rate to $0.132 per share, a 10% jump from the previous $0.12 payout. The board approved the increase to tighten the gap between the fund’s market price and its net asset value, aiming to bolster secondary market activity.
Under its managed distribution policy, the fund intends to maintain the $0.132 rate, though future payouts remain subject to market conditions and investment income stability. Distributions may be sourced from net investment income, realized capital gains, or return of capital, with mandatory disclosures provided under the Investment Company Act of 1940 should sources deviate from pure investment income.
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