This Iran deal adds one more tailwind to our (already surging) 8%+ paying closed-end funds (CEFs).
Stocks are up, and the media is finally coming around to what we've been saying for months now.
The Neuberger Berman Next Gen Connectivity Fund trades at a substantial discount despite putting up strong returns. NBXG offers a monthly distribution currently coming in at nearly 10%, thanks to getting a meaningful lift at the end of 2025. With the heavy-tech leaning, the fund will rely on capital gains and appreciation to fuel the payout to investors.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 230,874 | $2.88M | $3.62M | $736,181.88 | 25.54% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 10,695 | $102,048.75 | $166,735.05 | $64,686.3 | 63.39% |
Daniel L. Lippincott Karpus Management Inc. | 3.07M | $33.37M | $47.8M | $14.43M | 43.25% |
Bulldog Investors Bulldog Investors LLP | 1.17M | $14.28M | $18.18M | $3.9M | 27.34% |
| SE Sima Elimelech Activest Wealth Management | 7,500 | $108,300 | $117,900 | $9,600 | 8.86% |
| NYSE Exchange | US Country |
The Neuberger Berman Next Generation Connectivity Fund is an innovative investment fund dedicated to the burgeoning sector of connectivity technologies. Managed by Neuberger Berman, an esteemed investment management company, this fund seeks to harness the transformative power of next-generation connectivity by investing in leading companies within the telecommunications, technology, and consumer electronics sectors. These sectors are pivotal in the global transition toward enhanced digital connectivity, representing critical areas of growth and technological advancement. The fund's investment strategy is meticulously designed to leverage the increasing demand for advanced connectivity solutions such as 5G networks, the Internet of Things (IoT), and other significant wireless communication technologies. Through its focused investment approach, the fund aims to contribute to the acceleration of digital transformation and connectivity infrastructure, positioning itself as a key player in advancing global connectivity trends.
Neuberger Berman Next Generation Connectivity Fund offers a range of investment opportunities concentrated on propelling the future of connectivity. Below are the key focus areas of the fund:
By channeling resources into this field, the fund aims to capitalize on the market's shift towards more robust and faster connectivity solutions, thus generating potential returns for its investors.
This investment in IoT technology emphasizes the fund's commitment to supporting the ecosystem of interconnected devices, fostering the enhanced connectivity that supports various industries, including smart homes, healthcare, and urban planning.
By investing in cutting-edge wireless communication technologies, the fund positions itself to benefit from the continuous evolution and demand for improved connectivity, which is vital for the global adoption of new digital services and applications.