NBXG (Neuberger Berman Next Generation Connectivity Fund) FCF Yield %: 8.78 (As of Aug. 07, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NBXG Neuberger Berman Next Generation Connectivity Fund Inc. NBXG
59 GF Score
Price $15.26
GF Value $18.16
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Neuberger Berman Next Generation Connectivity Fund FCF Yield %?

Neuberger Berman Next Generation Connectivity Fund NBXG +1.46% 59 FCF Yield % is 8.78 as of Aug. 07, 2026, which is 8% below its 10-year median of 9.59. GuruFocus rates NBXG with a GF Score™ of 59/100 and a GF Value™ of $18.16 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,507 Asset Management companies, Neuberger Berman Next Generation Connectivity Fund ranks better than 73.99% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Neuberger Berman Next Generation Connectivity Fund's Trailing 12-Month Free Cash Flow is $105.6 Mil, and Market Cap is $1,201.9 Mil. Therefore, Neuberger Berman Next Generation Connectivity Fund's FCF Yield % for today is 8.78%.

The historical rank and industry rank for Neuberger Berman Next Generation Connectivity Fund's FCF Yield % or its related term are showing as below:

NBXG' s FCF Yield % Range Over the Past 10 Years
Min: 7.3   Med: 9.59   Max: 13.72
Current: 8.78


During the past 5 years, the highest FCF Yield % of Neuberger Berman Next Generation Connectivity Fund was 13.72%. The lowest was 7.30%. And the median was 9.59%.

NBXG's FCF Yield % is ranked better than
73.99% of 1507 companies
in the Asset Management industry
Industry Median: 2.03 vs NBXG: 8.78

Neuberger Berman Next Generation Connectivity Fund's FCF Margin % for the quarter that ended in Apr. 2026 was 196.96%.


Neuberger Berman Next Generation Connectivity Fund FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Neuberger Berman Next Generation Connectivity Fund FCF Yield % Related Terms


Neuberger Berman Next Generation Connectivity Fund FCF Yield % Historical Data

* Premium members only.

The historical data trend for Neuberger Berman Next Generation Connectivity Fund's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Neuberger Berman Next Generation Connectivity Fund FCF Yield % Chart

Neuberger Berman Next Generation Connectivity Fund Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
FCF Yield %
0.00 12.86 12.24 9.63 8.24

Neuberger Berman Next Generation Connectivity Fund Semi-Annual Data
Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.44 9.61 9.86 8.62 9.34

NBXG vs FRBP, DSL, EOS: FCF Yield % Comparison

For the Asset Management subindustry, Neuberger Berman Next Generation Connectivity Fund's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Neuberger Berman Next Generation Connectivity Fund FCF Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Next Generation Connectivity Fund's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Next Generation Connectivity Fund's FCF Yield % falls into.


NBXG
59GF Score
Neuberger Berman Next Generation Connectivity Fund Inc. NBXG
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neuberger Berman Next Generation Connectivity Fund FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Neuberger Berman Next Generation Connectivity Fund's FCF Yield % for the fiscal year that ended in Oct. 2025 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=99.284 / 1204.25569
=8.24%

Neuberger Berman Next Generation Connectivity Fund's annualized FCF Yield % for the quarter that ended in Apr. 2026 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=53.649 * 2 / 1148.33538
=9.34%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Yield % →
What does a FCF Yield % of 8.78 mean?
Neuberger Berman Next Generation Connectivity Fund (NBXG) has a FCF Yield % of 8.78 as of Aug. 07, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Neuberger Berman Next Generation Connectivity Fund and its competitors. This is near median its historical median of 9.59. Over the past decade, Neuberger Berman Next Generation Connectivity Fund's FCF Yield % has ranged from 7.30 to 13.72. According to the industry distribution chart, Neuberger Berman Next Generation Connectivity Fund ranks #392 out of 1507 companies in the Asset Management industry, placing it in the top 26%.
Is Neuberger Berman Next Generation Connectivity Fund's FCF Yield % too high?
Neuberger Berman Next Generation Connectivity Fund's current FCF Yield % of 8.78 is near median its 10-year median of 9.59. Over the past 10 years, this metric has ranged from a low of 7.30 to a high of 13.72. The Asset Management industry median FCF Yield % is 2.03. Neuberger Berman Next Generation Connectivity Fund's value of 8.78 is 332.5% above this industry median. Based on the distribution chart, Neuberger Berman Next Generation Connectivity Fund ranks #392 out of 1507 companies in the Asset Management industry, which is above the industry midpoint. Overall, Neuberger Berman Next Generation Connectivity Fund has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman Next Generation Connectivity Fund's FCF Yield % compare to FRBP and DSL?
According to the Asset Management industry distribution chart, Neuberger Berman Next Generation Connectivity Fund ranks #392 out of 1507 companies for FCF Yield %. This puts Neuberger Berman Next Generation Connectivity Fund in the upper half of its industry. The industry median FCF Yield % is 2.03. Neuberger Berman Next Generation Connectivity Fund's value of 8.78 is 332.5% above this benchmark. Historically, Neuberger Berman Next Generation Connectivity Fund's own FCF Yield % has ranged from 7.30 to 13.72 over the past decade. While the company's 10-year median is 9.59 vs. the industry median of 2.03, Neuberger Berman Next Generation Connectivity Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for an Asset Management company?
The median FCF Yield % among Asset Management companies is 2.03, based on 1,507 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neuberger Berman Next Generation Connectivity Fund's current FCF Yield % of 8.78 is 332.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Neuberger Berman Next Generation Connectivity Fund and its competitors. For the Asset Management industry, the median FCF Yield % is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Berman Next Generation Connectivity Fund's current FCF Yield % is 8.78, which is near median its own 10-year median of 9.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman Next Generation Connectivity Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman Next Generation Connectivity Fund (NBXG) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.16, compared to a current price of $15.26 — trading 16% below its estimated fair value. The current FCF Yield % is 8.78, which is near median its 10-year median of 9.59 and 332.5% above the Asset Management industry median of 2.03. Neuberger Berman Next Generation Connectivity Fund's overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Neuberger Berman Next Generation Connectivity Fund (NBXG), the current FCF Yield % is 8.78 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Neuberger Berman Next Generation Connectivity Fund (NBXG) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Berman Next Generation Connectivity Fund stock appears to be undervalued. The current stock price of $15.26 is trading 16% below its estimated GF Value™ of $18.16. GuruFocus considers Neuberger Berman Next Generation Connectivity Fund to be Modestly Undervalued.

Key valuation signals for NBXG:

  • FCF Yield %: 8.78 (near median its 10-year median of 9.59)
  • GF Value™: $18.16 vs. price of $15.26 (16% below fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 332.5% above the Asset Management median (#392 of 1507)

No single metric tells the full story. See the NBXG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neuberger Berman Next Generation Connectivity Fund Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Next Generation Connectivity Fund Inc. is a non-diversified, closed-end management investment company. The fund's investment objectives are to provide capital appreciation and income. Under normal market conditions, the Fund will invest at least 80% of its total assets in equity securities issued by U.S. and non-U.S. companies, in any market capitalization range, that is relevant to the theme of investing in NextGen Companies.
59GF Score

Get the complete analysis for NBXG

FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.26
Price
$18.16
GF Value