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Neuberger Next Generation Connectivity Fund Inc. (NBXG)

NYSE Financial Services Asset Management
$15.59 ▲ +0.97%
Market Cap
$1.23B
Sector
Financial Services
Industry
Asset Management
Beta
1.19
52-Wk Range
12.32-17.43
CEO
Joseph Vincent Amato
Country
US
Currency
USD

Neuberger Next Generation Connectivity Fund Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $15.59, up 0.97% on the session, giving a market capitalisation of $1.23B. On trailing twelve-month figures it carries a trailing P/E of 3.83, a net margin of 98.6%. Its beta of 1.19 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
3.83
Price / Sales
3.77
Price / Book
0.90
EV / EBITDA
3.81
Gross margin
100.0%
Operating margin
98.6%
Net margin
98.6%
Return on equity
Debt / equity
0.00
Current ratio
0.90
Dividend yield
9.0%
Payout ratio
29.5%
Company profile
Exchange
New York Stock Exchange
Employees
IPO date
2021-05-26
Headquarters
New York City, NY, US
About Neuberger Next Generation Connectivity Fund Inc.

Neuberger Next Generation Connectivity Fund, Inc., identified by the symbol NBXG, functions as an actively managed, closed-end investment vehicle with a specific, limited operational lifespan. This fund employs a focused, non-diversified investment strategy. Its central aim is to generate both growth in capital and a steady stream of income for its investors. The company began its operations on February 3, 2021, and maintains its principal office in New York, NY.

Comparable companies

Neuberger Next Generation Connectivity Fund Inc. is most often compared with the following Financial Services names:

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