Neuberger Berman Next Generation Connectivity Fund Inc
Neuberger Berman Income Funds - Neuberger Next Generation Connectivity Fund Inc. is headquartered in New York, New York.
Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) - Net Assets
Latest net assets as of October 2025: $1.37 Billion USD
Based on the latest financial reports, Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) has net assets worth $1.37 Billion USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.39 Billion) and total liabilities ($24.64 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.37 Billion |
| % of Total Assets | 98.23% |
| Annual Growth Rate | -4.68% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.61 |
Neuberger Berman Next Generation Connectivity Fund Inc - Net Assets Trend (2021–2025)
This chart illustrates how Neuberger Berman Next Generation Connectivity Fund Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Neuberger Berman Next Generation Connectivity Fund Inc (2021–2025)
The table below shows the annual net assets of Neuberger Berman Next Generation Connectivity Fund Inc from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $1.37 Billion | +19.73% |
| 2024-10-31 | $1.14 Billion | +21.54% |
| 2023-10-31 | $938.86 Million | +2.09% |
| 2022-10-31 | $919.64 Million | -44.43% |
| 2021-10-31 | $1.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neuberger Berman Next Generation Connectivity Fund Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 111.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $228.69 Million | 16.74% |
| Common Stock | $1.14 Billion | 83.26% |
| Total Equity | $1.37 Billion | 100.00% |
Neuberger Berman Next Generation Connectivity Fund Inc Competitors by Market Cap
The table below lists competitors of Neuberger Berman Next Generation Connectivity Fund Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Together Startup Network Ltd
TA:TGTR
|
$124.45K |
|
INTELLIGO TECHNOLOGY INC
TW:7749
|
$124.45K |
|
JQTMF
PINK:JQTMF
|
$124.50K |
|
TI Fluid Systems PLC
LSE:TIFS
|
$124.63K |
|
Nuveen Churchill Direct Lending Corp.
NYSE:NCDL
|
$124.22K |
|
Terra Property Trust, Inc. 6.00%
NYSE:TPTA
|
$124.20K |
|
BKXI39
SA:BKXI39
|
$124.13K |
|
AngioSoma Inc
PINK:GSTC
|
$124.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neuberger Berman Next Generation Connectivity Fund Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,141,124,245 to 1,366,314,705, a change of 225,190,460 (19.7%).
- Net income of 321,279,485 contributed positively to equity growth.
- Dividend payments of 96,102,468 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $321.28 Million | +23.51% |
| Dividends Paid | $96.10 Million | -7.03% |
| Other Changes | $13.44K | +0.0% |
| Total Change | $- | 19.73% |
Book Value vs Market Value Analysis
This analysis compares Neuberger Berman Next Generation Connectivity Fund Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.63x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-10-31 | $20.92 | $13.10 | x |
| 2022-10-31 | $11.67 | $13.10 | x |
| 2023-10-31 | $11.89 | $13.10 | x |
| 2024-10-31 | $14.45 | $13.10 | x |
| 2025-10-31 | $17.30 | $13.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neuberger Berman Next Generation Connectivity Fund Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 98.60%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.02x
- Recent ROE (23.51%) is above the historical average (-1.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -68.89% | 0.00% | -0.67x | 1.03x | $-725.47 Million |
| 2023 | 12.11% | 97.15% | 0.12x | 1.01x | $19.85 Million |
| 2024 | 26.01% | 98.43% | 0.26x | 1.01x | $182.66 Million |
| 2025 | 23.51% | 98.60% | 0.23x | 1.02x | $184.65 Million |
Industry Comparison
This section compares Neuberger Berman Next Generation Connectivity Fund Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $351,111,792
- Average return on equity (ROE) among peers: 0.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) | $1.37 Billion | -68.89% | 0.02x | $124.32K |
| Aberdeen International Inc (AABVF) | $214.75K | -122.83% | 0.39x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $1.37 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.38 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $913.08 Million | 4.10% | 0.03x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $788.86 Million | 18.29% | 0.62x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $190.80 Million | 139.32% | 0.02x | $73.68K |
| AGF Management Limited (AGFMF) | $908.07 Million | 4.67% | 0.50x | $298.43 Million |
| Agronomics Limited (AGNMF) | $157.27 Million | -6.99% | 0.00x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $2.71 Million |