Neuberger Berman Connectivity Fund Files Proxy Statement

TL;DR

NB NBXG filed its proxy statement, no fee. Old name was NB 5G.

AI Summary

Neuberger Berman Next Generation Connectivity Fund Inc. filed a Definitive Proxy Statement (DEFA14A) on June 4, 2024. This filing is related to the company's proxy materials and does not require a fee. The company was formerly known as Neuberger Berman 5G Connectivity Fund Inc. until a name change on January 28, 2021.

Why It Matters

This filing provides shareholders with important information regarding the company's governance and voting matters, allowing them to make informed decisions.

Risk Assessment

Risk Level: low — This is a routine proxy filing and does not indicate any unusual financial or operational risks.

Key Players & Entities

• Neuberger Berman Next Generation Connectivity Fund Inc. (company) — Registrant
• Neuberger Berman 5G Connectivity Fund Inc. (company) — Former company name
• 20210128 (date) — Date of name change
• 20240604 (date) — Filing date

FAQ

Filing Documents

• defa14a-nbxg.htm (DEFA14A) — 59KB
• image6.jpg (GRAPHIC) — 23KB
• image00010.jpg (GRAPHIC) — 3KB
• image00011.jpg (GRAPHIC) — 6KB
• image00013.jpg (GRAPHIC) — 24KB
• nbbar.jpg (GRAPHIC) — 10KB
• 0000898432-24-000459.txt ( ) — 151KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant [X] Filed by a Party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X] Definitive Additional Materials [ ] Soliciting Material Pursuant to 240.14a-12 Neuberger Berman Next Generation Connectivity Fund Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: PROTECT YOUR INVESTMENT AND VOTE FOR YOUR FUND'S CURRENT DIRECTORS Your Fund's Board strongly encourages you to vote the WHITE proxy card FOR your current director nominees. Your vote is important, no matter how many shares you own. Every vote is important. We urge you to support your Fund's nominees who are focused on the best interest of ALL stockholders and dedicated to enhancing the value of your investment. Saba Capital Master Fund Ltd., a hedge fund managed by Saba Capital Management, L.P. (together, "Saba"), has submitted a nominee for election as a director on your Fund's Board and may send you its own proxy statement and gold proxy card. Your Fund's Board believes that Saba seeks to disrupt the experienced and reliable oversight provided by your Fund's Board for its own gain and does not care about impairing your Fund and limiting its long-term investment potential. Your Fund's Board believes that if Saba's nominee is elected, he will harm the Fund and may hinder its ability to generate competitive investment returns in the future. Unlike prior years, stockholders may receive two proxy cards this year. DO NOT return the GOLD proxy card sent by Saba. Vote your WHITE proxy card to defend your investment in NBH and/or NBXG Dear Stockholder: Enclosed you will find the Proxy Statement for your Fund. The Board of Directors of the Fund (the "Board") is unanimously urging you to vote: FOR the re-election of your Board's highly qualified and experienced current Directors, Marc Gary, Martha Goss, and Michael M. Knetter, by promptly completing, signing, dating, and returning the enclosed WHITE proxy card or voting online or by phone as described on the WHITE proxy card. Saba Capital Management, L.P. is an opportunistic hedge fund manager focused only on its own interests and not the interests of all stockholders. The Board of your Fund has a history of being devoted to safeguarding your investment and protecting the interests of ALL stockholders, but your Fund's Board and Manager believe that Saba's nominee would only serve its own interests. The Board of your Fund is committed to creating sustainable, long-term performance in pursuit of your Fund's stated investment objective for all stockholders. Your Fund's Board offers many years of pertinent fund governance experience and a comprehensive perspective on closed-end fund management issues. Each Director offers specialized expertise that contributes to the overall perspective and performance of the Board as a whole. Replacing the existing Directors of your Fund could jeopardize the balance of skills across the entire Board and may undermine the performance of the Board and the Fund. The three incumbent Board nominees are experienced and knowledgeable, independent of management, and have consistently acted in the best interests of ALL stockholders. 2 Your Board's Three Independent and Highly Experienced Current Director Nominees: Marc Gary – A highly regarded attorney that served as the Executive Vice President and General Counsel of Fidelity Investments, among other distinguished roles. – Serves as the Chair of the Fund's Ethics and Compliance Committee. Martha Goss – A tenured financial ser

View Full Filing

View this DEFA14A filing on SEC EDGAR