Neuberger Berman Next Generation Connectivity Fund Inc. logo

Neuberger Berman Next Generation Connectivity Fund Inc. (NBXG)

Market Closed
17 Aug, 20:00
NYSE NYSE
$
15. 83
-0.04
-0.252%
$
1.25B Market Cap
1.2% Div Yield
187,985 Volume
$ 15.87
Previous Close
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Day Range
15.73 15.97
Year Range
12.32 17.43
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NBXG: A Good Way To Buy Technology At A Discount

NBXG: A Good Way To Buy Technology At A Discount

Neuberger Berman Next Generation Connectivity Fund Inc went public in May 2021, and had poor performance in 2022. The fund's top ten holdings shifted from high-growth companies with very high valuations to more mainstream larger-cap technology issues by May 31, 2024. Despite poor 3-year performance, recent improvements, activist involvement, and potential discount narrowing make NBXG worth considering for exposure to the tech and communications sectors.

Seekingalpha | 2 years ago