We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Neuberger Berman Next Generation Connectivity Fund Inc | NYSE:NBXG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.09 | 0.72% | 12.60 | 12.53 | 12.45 | 12.47 | 217,005 | 01:00:00 |
(a) |
Following is a copy of the semi-annual report transmitted to stockholders pursuant to Rule 30e-1 under the Act.
|
TICKER SYMBOL
|
|
Next Generation Connectivity
Fund Inc.
|
NBXG
|
SECTOR ALLOCATION
|
|
(as a % of Net Assets Applicable to
Common Stockholders*)
|
|
Communication Services
|
10.3
%
|
Consumer Discretionary
|
9.2
%
|
Convertible Bonds
|
0.5
%
|
Financials
|
0.5
%
|
Health Care
|
1.7
%
|
Industrials
|
2.6
%
|
Information Technology
|
70.2
%
|
Materials
|
1.2
%
|
Short-Term Investments
|
4.8
%
|
Liabilities Less Other Assets
|
(1.0
)%
|
Total
|
100.0
%
|
*
|
Derivatives (other than options purchased), if
any, are excluded from this chart.
|
PERFORMANCE HIGHLIGHTS
|
||||
|
Inception
Date*
|
Six Month
Period
Ended
04/30/2023
|
Average Annual Total Return
Ended 04/30/2023
|
|
|
1 Year
|
Life of Fund
|
||
At NAV1
|
|
|
|
|
Next
Generation
Connectivity
Fund Inc.
|
05/25/2021
|
9.55%
|
-3.49%
|
-15.66%
|
At Market
Price2
|
|
|
|
|
Next
Generation
Connectivity
Fund Inc.
|
05/25/2021
|
7.18%
|
-4.72%
|
-24.58%
|
Index
|
|
|
|
|
MSCI All
Country World
Index (Net)3
|
|
12.68%
|
2.06%
|
-2.29%
|
1
|
Returns based on the NAV of the Fund.
|
2
|
Returns based on the market price of shares of the Fund’s common stock on the NYSE.
|
3
|
The MSCI All Country World Index is a free float-adjusted market capitalization-weighted index
that is
designed to measure the equity market performance of developed and emerging markets. The index
consists of 47 country indexes comprising 23 developed and 24 emerging market country indexes.
The
developed market country indexes included are: Australia, Austria, Belgium, Canada, Denmark,
Finland,
France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway,
Portugal,
Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. The emerging
market
country indexes included are: Brazil, Chile, China, Colombia, the Czech Republic, Egypt, Greece,
Hungary,
India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Peru, the Philippines, Poland, Qatar, Saudi
Arabia, South
Africa, Taiwan, Thailand, Turkey and the UAE. China A shares are included starting from June 1,
2018 and
are partially represented at 20% of their free float-adjusted market capitalization as of
November 2019.
Net total return indexes reinvest dividends after the deduction of withholding taxes, using (for
international
indexes) a tax rate applicable to non-resident institutional investors who do not benefit from
double
taxation treaties. Effective after the close on March 9, 2022, MSCI reclassified MSCI Russia
Indexes from
Emerging Markets to Standalone Markets status. At that time, all Russian securities were removed
from this
index at a final price of 0.00001, including both locally traded Russian equity constituents and
Russian
ADRs/GDRs constituents. Please note that the index does not take into account any fees and
expenses or
any tax consequences of investing in the individual securities that it tracks and that
individuals cannot invest
directly in any index. Data about the performance of this index are prepared or obtained by NBIA
and
include reinvestment of all income dividends and other distributions, if any. The Fund may
invest in
securities not included in the index and generally does not invest in all securities included in
the index.
|
Other Abbreviations:
|
|
Management or NBIA
|
= Neuberger Berman Investment Advisers LLC
|
Number of Shares
|
Value
|
|
Common Stocks 84.4%
|
||
Broadline Retail 2.7%
|
||
94,200
|
Alibaba Group Holding Ltd.
|
$7,977,798
*
|
47,534
|
Etsy, Inc.
|
4,802,360
*
|
230,637
|
JD.com, Inc.
|
8,238,354
|
3,610
|
MercadoLibre, Inc.
|
4,611,739
*
|
|
|
25,630,251
|
Chemicals 1.2%
|
||
29,585
|
Linde PLC
|
10,930,178
|
Communications Equipment 0.4%
|
||
883,906
|
Nokia Oyj
|
3,703,566
|
Computers 2.0%
|
||
1,727,273
|
Arctic Wolf Networks, Inc.
|
19,000,003
*#(a)(b)
|
Electronic Equipment, Instruments & Components 7.7%
|
||
387,201
|
Amphenol Corp. Class A
|
29,222,059
(c)
|
41,730
|
Coherent Corp.
|
1,424,662
*
|
159,886
|
Keysight Technologies, Inc.
|
23,125,911
*(c)
|
318,088
|
Trimble, Inc.
|
14,981,945
*
|
15,950
|
Zebra Technologies Corp. Class A
|
4,594,079
*
|
|
|
73,348,656
|
Entertainment 5.5%
|
||
203,507
|
Activision Blizzard, Inc.
|
15,814,529
|
89,725
|
Sea Ltd. ADR
|
6,834,353
*
|
106,305
|
Take-Two Interactive Software, Inc.
|
13,212,648
*
|
175,627
|
Universal Music Group NV
|
3,836,997
|
81,705
|
Walt Disney Co.
|
8,374,763
*
|
125,739
|
Warner Music Group Corp. Class A
|
3,831,267
|
|
|
51,904,557
|
Health Care Equipment & Supplies 1.7%
|
||
65,485
|
Dexcom, Inc.
|
7,945,950
*
|
12,925
|
Intuitive Surgical, Inc.
|
3,893,268
*
|
76,327
|
Omnicell, Inc.
|
4,638,392
*
|
|
|
16,477,610
|
Hotels, Restaurants & Leisure 3.4%
|
||
1,155,203
|
Entain PLC
|
21,049,257
|
121,636
|
Expedia Group, Inc.
|
11,428,918
*
|
|
|
32,478,175
|
Interactive Media & Services 0.8%
|
||
10,211
|
Alphabet, Inc. Class C
|
1,105,034
*
|
312,628
|
ZoomInfo Technologies, Inc.
|
6,849,680
*
|
|
|
7,954,714
|
IT Services 6.8%
|
||
20,506
|
Accenture PLC Class A
|
5,747,627
|
34,219
|
EPAM Systems, Inc.
|
9,664,814
*
|
114,047
|
Globant SA
|
17,890,553
*(c)
|
24,399
|
MongoDB, Inc.
|
5,854,784
*
|
Number of Shares
|
Value
|
|
IT Services – cont'd
|
||
40,000
|
Shopify, Inc. Class A
|
$1,938,000
*
|
93,134
|
Snowflake, Inc. Class A
|
13,791,283
*
|
1,597,448
|
Thoughtworks Holding, Inc.
|
9,952,101
*
|
|
|
64,839,162
|
Machinery 1.7%
|
||
12,500
|
Deere & Co.
|
4,725,250
|
583,302
|
Epiroc AB Class A
|
11,685,329
|
|
|
16,410,579
|
Professional Services 0.9%
|
||
44,150
|
Verisk Analytics, Inc.
|
8,569,957
|
Semiconductors & Semiconductor Equipment 25.3%
|
||
187,707
|
Advanced Micro Devices, Inc.
|
16,775,375
*(c)
|
95,000
|
Ambarella, Inc.
|
5,888,100
*
|
145,717
|
Analog Devices, Inc.
|
26,211,574
(c)
|
173,850
|
Applied Materials, Inc.
|
19,650,265
|
27,142
|
ASML Holding NV
|
17,285,654
|
140,582
|
BE Semiconductor Industries NV
|
12,654,296
|
64,480
|
Entegris, Inc.
|
4,830,842
|
20,046
|
Lam Research Corp.
|
10,505,708
|
342,269
|
Lattice Semiconductor Corp.
|
27,278,839
*
|
212,039
|
Marvell Technology, Inc.
|
8,371,300
|
57,536
|
Monolithic Power Systems, Inc.
|
26,579,906
(c)
|
77,554
|
NVIDIA Corp.
|
21,520,459
|
42,250
|
Qorvo, Inc.
|
3,890,380
*
|
474,880
|
Rambus, Inc.
|
21,056,179
*
|
76,545
|
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
|
6,452,743
|
63,374
|
Texas Instruments, Inc.
|
10,596,133
|
|
|
239,547,753
|
Software 22.9%
|
||
12,599
|
Adobe, Inc.
|
4,756,878
*
|
40,518
|
ANSYS, Inc.
|
12,719,411
*
|
45,474
|
Atlassian Corp. Class A
|
6,714,691
*
|
20,000
|
Autodesk, Inc.
|
3,895,800
*
|
69,099
|
Bills Holdings, Inc.
|
5,307,494
*
|
116,899
|
Cadence Design Systems, Inc.
|
24,484,495
*(c)
|
28,590
|
Crowdstrike Holdings, Inc. Class A
|
3,432,229
*
|
261,352
|
Datadog, Inc. Class A
|
17,609,898
*
|
491,364
|
Dynatrace, Inc.
|
20,774,870
*
|
100,000
|
Gitlab, Inc. Class A
|
3,036,000
*
|
1,456,020
|
Grammarly, Inc. Class A
|
26,208,360
*#(a)(b)
|
19,801
|
HubSpot, Inc.
|
8,335,231
*
|
47,327
|
Intuit, Inc.
|
21,010,822
|
147,831
|
Palo Alto Networks, Inc.
|
26,973,244
*
|
46,942
|
ServiceNow, Inc.
|
21,566,094
*
|
13,000
|
Workday, Inc. Class A
|
2,419,820
*
|
84,549
|
Zscaler, Inc.
|
7,617,865
*
|
|
|
216,863,202
|
Number of Shares
|
Value
|
|
Wireless Telecommunication Services 1.4%
|
||
92,653
|
T-Mobile U.S., Inc.
|
$13,332,767
*
|
|
||
Total Common Stocks (Cost $965,257,384)
|
800,991,130
|
|
Preferred Stocks 10.9%
|
||
Entertainment 2.6%
|
|
|
219,568
|
A24 Films LLC(d)
|
25,000,008
*#(a)(b)
|
Internet 3.6%
|
|
|
29,000
|
Fabletics LLC, Series G
|
29,000,000
*#(a)(b)
|
103,937
|
Savage X, Inc., Series C
|
4,999,993
*#(a)(b)
|
|
|
33,999,993
|
IT Services 0.1%
|
|
|
1,009,513
|
Cybereason, Inc., Series F
|
464,376
*#(a)(b)
|
Software 4.6%
|
|
|
27,042
|
Celonis SE, Series D
|
9,999,861
*#(a)(b)
|
451,510
|
Grammarly, Inc., Series 3
|
11,834,935
*#(a)(b)
|
1,393,993
|
Videoamp, Inc., Series F1
|
21,999,998
*#(a)(b)
|
|
|
43,834,794
|
Total Preferred Stocks (Cost $107,834,415)
|
103,299,171
|
|
Principal Amount
|
|
|
Convertible Bonds 0.9%
|
||
Computers 0.5%
|
|
|
$5,000
|
Arctic Wolf Networks, Inc., 0.00%, due 9/29/2027
|
5,000,000
#(a)(b)
|
Semiconductors & Semiconductor Equipment 0.4%
|
|
|
5,164,000
|
Wolfspeed, Inc., 1.88%, due 12/1/2029
|
3,813,614
(e)
|
Total Convertible Bonds (Cost $9,476,832)
|
8,813,614
|
|
Number of Shares
|
|
|
|
||
Short-Term Investments 4.8%
|
||
Investment Companies 4.8%
|
||
45,328,788
|
State Street Institutional U.S. Government Money Market Fund Premier Class,
4.76%(f)
(Cost $45,328,788)
|
45,328,788
|
Total Investments 101.0% (Cost $1,127,897,419)
|
958,432,703
|
|
Liabilities Less Other Assets (1.0)%
|
(9,604,153
)(g)
|
|
Net Assets Applicable to Common Stockholders 100.0%
|
$948,828,550
|
*
|
Non-income producing security.
|
(a)
|
Value determined using significant unobservable inputs.
|
(b)
|
Security fair valued as of April 30, 2023 in accordance with procedures approved by the
valuation designee.
Total value of all such securities at April 30, 2023 amounted to $153,507,534, which
represents 16.2% of
net assets applicable to common stockholders of the Fund.
|
(c)
|
All or a portion of this security is pledged as collateral for options written.
|
(d)
|
Security represented in Units.
|
(e)
|
Securities were purchased under Rule 144A of the Securities Act of 1933, as amended, or are
otherwise
restricted and, unless registered under the Securities Act of 1933 or exempted from
registration, may only
be sold to qualified institutional investors or may have other restrictions on resale. At
April 30, 2023, these
securities amounted to $3,813,614, which represents 0.4% of net assets applicable to common
stockholders of the Fund.
|
(f)
|
Represents 7-day effective yield as of April 30, 2023.
|
(g)
|
Includes the impact of the Fund’s open positions in derivatives at April 30, 2023.
|
Restricted Security
|
Acquisition
Date(s)
|
Acquisition
Cost
|
Value as of
4/30/2023
|
Fair Value
Percentage
of Net Assets
Applicable
to Common
Stockholders
as of
4/30/2023
|
A24 Films LLC (Preferred Units)
|
2/25/2022
|
$25,000,012
|
$25,000,008
|
2.6
%
|
Arctic Wolf Networks, Inc.
|
12/31/2021
|
19,000,003
|
19,000,003
|
2.0
%
|
Arctic Wolf Networks, Inc. (Convertible Bonds)
|
9/30/2022
|
5,000,000
|
5,000,000
|
0.5
%
|
Celonis SE (Ser. D Preferred Shares)
|
10/5/2022
|
9,999,477
|
9,999,861
|
1.1
%
|
Cybereason, Inc. (Ser. F Preferred Shares)
|
7/13/2021
|
5,000,000
|
464,376
|
0.1
%
|
Fabletics LLC (Ser. G Preferred Shares)
|
1/10/2022
|
29,000,000
|
29,000,000
|
3.1
%
|
Grammarly, Inc. (Ser. 3 Preferred Shares)
|
12/23/2021
|
11,834,935
|
11,834,935
|
1.2
%
|
Grammarly, Inc. Class A
|
12/23/2021
|
38,165,051
|
26,208,360
|
2.8
%
|
Savage X, Inc. (Ser. C Preferred Shares)
|
11/30/2021
|
4,999,993
|
4,999,993
|
0.5
%
|
Videoamp, Inc. (Ser. F1 Preferred Shares)
|
1/4/2022
|
21,999,998
|
21,999,998
|
2.3
%
|
Total
|
|
$169,999,469
|
$153,507,534
|
16.2
%
|
POSITIONS BY COUNTRY
|
||
Country
|
Investments at
Value
|
Percentage of Net
Assets Applicable
to Common
Stockholders
|
United States
|
$806,835,829
|
85.0
%
|
Netherlands
|
33,776,947
|
3.6
%
|
United Kingdom
|
21,049,257
|
2.2
%
|
China
|
16,216,152
|
1.7
%
|
Sweden
|
11,685,329
|
1.2
%
|
Singapore
|
6,834,353
|
0.7
%
|
Taiwan
|
6,452,743
|
0.7
%
|
Brazil
|
4,611,739
|
0.5
%
|
Finland
|
3,703,566
|
0.4
%
|
Canada
|
1,938,000
|
0.2
%
|
Short-Term Investments and Other Liabilities—Net
|
35,724,635
|
3.8
%
|
|
$948,828,550
|
100.0
%
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Calls
|
|||||
Broadline Retail
|
|||||
Alibaba Group Holding Ltd.
|
50
|
$(423,450)
|
$105
|
5/19/2023
|
$(1,200)
|
Alibaba Group Holding Ltd.
|
28
|
(237,132)
|
85
|
6/16/2023
|
(15,680)
|
Alibaba Group Holding Ltd.
|
27
|
(228,663)
|
100
|
6/16/2023
|
(4,023)
|
Alibaba Group Holding Ltd.
|
48
|
(406,512)
|
105
|
7/21/2023
|
(8,424)
|
Alibaba Group Holding Ltd.
|
26
|
(220,194)
|
105
|
8/18/2023
|
(6,734)
|
Alibaba Group Holding Ltd.
|
28
|
(237,132)
|
100
|
9/15/2023
|
(12,250)
|
Alibaba Group Holding Ltd.
|
23
|
(194,787)
|
130
|
9/15/2023
|
(2,381)
|
Alibaba Group Holding Ltd.
|
27
|
(228,663)
|
105
|
10/20/2023
|
(11,407)
|
Etsy, Inc.
|
46
|
(464,738)
|
115
|
5/19/2023
|
(8,165)
|
Etsy, Inc.
|
24
|
(242,472)
|
100
|
6/16/2023
|
(21,360)
|
Etsy, Inc.
|
18
|
(181,854)
|
145
|
6/16/2023
|
(567)
|
Etsy, Inc.
|
24
|
(242,472)
|
110
|
9/15/2023
|
(23,760)
|
Etsy, Inc.
|
22
|
(222,266)
|
130
|
9/15/2023
|
(9,405)
|
Etsy, Inc.
|
21
|
(212,163)
|
140
|
9/15/2023
|
(5,702)
|
Etsy, Inc.
|
18
|
(181,854)
|
175
|
9/15/2023
|
(909)
|
JD.com, Inc.
|
122
|
(435,784)
|
42.5
|
5/19/2023
|
(2,928)
|
JD.com, Inc.
|
68
|
(242,896)
|
35
|
6/16/2023
|
(20,536)
|
JD.com, Inc.
|
121
|
(432,212)
|
42.5
|
6/16/2023
|
(7,442)
|
JD.com, Inc.
|
42
|
(150,024)
|
65
|
6/16/2023
|
(231)
|
JD.com, Inc.
|
66
|
(235,752)
|
40
|
9/15/2023
|
(18,249)
|
JD.com, Inc.
|
61
|
(217,892)
|
47.5
|
9/15/2023
|
(7,137)
|
JD.com, Inc.
|
51
|
(182,172)
|
55
|
9/15/2023
|
(2,856)
|
JD.com, Inc.
|
43
|
(153,596)
|
70
|
9/15/2023
|
(839)
|
MercadoLibre, Inc.
|
4
|
(510,996)
|
1,360
|
5/19/2023
|
(11,820)
|
MercadoLibre, Inc.
|
2
|
(255,498)
|
1,250
|
6/16/2023
|
(19,890)
|
MercadoLibre, Inc.
|
2
|
(255,498)
|
1,430
|
8/18/2023
|
(14,430)
|
MercadoLibre, Inc.
|
2
|
(255,498)
|
1,420
|
9/15/2023
|
(17,980)
|
MercadoLibre, Inc.
|
2
|
(255,498)
|
1,440
|
9/15/2023
|
(16,460)
|
MercadoLibre, Inc.
|
2
|
(255,498)
|
1,480
|
9/15/2023
|
(14,280)
|
|
|
|
|
|
(287,045)
|
Chemicals
|
|||||
Linde PLC
|
14
|
(517,230)
|
375
|
5/19/2023
|
(5,740)
|
Linde PLC
|
6
|
(221,670)
|
365
|
6/16/2023
|
(8,430)
|
Linde PLC
|
7
|
(258,615)
|
380
|
6/16/2023
|
(4,305)
|
Linde PLC
|
14
|
(517,230)
|
375
|
7/21/2023
|
(17,290)
|
Linde PLC
|
15
|
(554,175)
|
395
|
7/21/2023
|
(7,125)
|
Linde PLC
|
7
|
(258,615)
|
400
|
10/20/2023
|
(7,665)
|
Linde PLC
|
7
|
(258,615)
|
410
|
10/20/2023
|
(5,495)
|
|
|
|
|
|
(56,050)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Communications Equipment
|
|||||
Nokia Oyj
|
1,014
|
$(424,866)
|
$5
|
5/19/2023
|
$(1,014)
|
Nokia Oyj
|
995
|
(416,905)
|
5.5
|
7/21/2023
|
(1,493)
|
Nokia Oyj
|
525
|
(219,975)
|
6
|
7/21/2023
|
(788)
|
Nokia Oyj
|
1,044
|
(437,436)
|
5.5
|
10/20/2023
|
(5,742)
|
|
|
|
|
|
(9,037)
|
Electronic Equipment, Instruments & Components
|
|||||
Amphenol Corp.
|
200
|
(1,509,400)
|
80
|
5/19/2023
|
(4,000)
|
Amphenol Corp.
|
32
|
(241,504)
|
75
|
6/16/2023
|
(8,640)
|
Amphenol Corp.
|
63
|
(475,461)
|
80
|
7/21/2023
|
(8,190)
|
Amphenol Corp.
|
31
|
(233,957)
|
85
|
7/21/2023
|
(1,163)
|
Amphenol Corp.
|
30
|
(226,410)
|
90
|
7/21/2023
|
(450)(a)(b)
|
Amphenol Corp.
|
31
|
(233,957)
|
100
|
7/21/2023
|
—(a)(b)
|
Amphenol Corp.
|
62
|
(467,914)
|
90
|
10/20/2023
|
(4,030)
|
Coherent Corp.
|
200
|
(682,800)
|
30
|
5/19/2023
|
(97,000)
|
Coherent Corp.
|
200
|
(682,800)
|
35
|
5/19/2023
|
(28,000)
|
Keysight Technologies, Inc.
|
32
|
(462,848)
|
165
|
5/19/2023
|
(800)
|
Keysight Technologies, Inc.
|
217
|
(3,138,688)
|
140
|
6/16/2023
|
(202,895)
|
Keysight Technologies, Inc.
|
31
|
(448,384)
|
165
|
6/16/2023
|
(1,473)
|
Keysight Technologies, Inc.
|
13
|
(188,032)
|
200
|
6/16/2023
|
(65)
|
Keysight Technologies, Inc.
|
16
|
(231,424)
|
175
|
8/18/2023
|
(1,280)
|
Keysight Technologies, Inc.
|
16
|
(231,424)
|
185
|
8/18/2023
|
(840)(a)(b)
|
Keysight Technologies, Inc.
|
14
|
(202,496)
|
220
|
8/18/2023
|
—(a)(b)
|
Keysight Technologies, Inc.
|
15
|
(216,960)
|
185
|
12/15/2023
|
(3,075)
|
Trimble, Inc.
|
100
|
(471,000)
|
50
|
5/19/2023
|
(6,250)
|
Trimble, Inc.
|
44
|
(207,240)
|
60
|
5/19/2023
|
(440)(a)(b)
|
Trimble, Inc.
|
52
|
(244,920)
|
45
|
6/16/2023
|
(17,810)
|
Trimble, Inc.
|
100
|
(471,000)
|
50
|
8/18/2023
|
(25,000)
|
Trimble, Inc.
|
100
|
(471,000)
|
55
|
8/18/2023
|
(10,000)
|
Trimble, Inc.
|
46
|
(216,660)
|
60
|
8/18/2023
|
(2,185)
|
Trimble, Inc.
|
31
|
(146,010)
|
75
|
8/18/2023
|
(853)
|
Zebra Technologies Corp.
|
9
|
(259,227)
|
290
|
5/19/2023
|
(10,890)
|
Zebra Technologies Corp.
|
16
|
(460,848)
|
320
|
5/19/2023
|
(3,960)
|
Zebra Technologies Corp.
|
8
|
(230,424)
|
280
|
6/16/2023
|
(17,520)
|
Zebra Technologies Corp.
|
8
|
(230,424)
|
330
|
8/18/2023
|
(8,000)
|
Zebra Technologies Corp.
|
8
|
(230,424)
|
340
|
8/18/2023
|
(6,000)
|
Zebra Technologies Corp.
|
8
|
(230,424)
|
410
|
8/18/2023
|
(540)
|
Zebra Technologies Corp.
|
8
|
(230,424)
|
360
|
12/15/2023
|
(9,640)
|
|
|
|
|
|
(480,989)
|
Entertainment
|
|||||
Activision Blizzard, Inc.
|
58
|
(450,718)
|
90
|
5/19/2023
|
(290)
|
Activision Blizzard, Inc.
|
30
|
(233,130)
|
77.5
|
6/16/2023
|
(8,745)
|
Activision Blizzard, Inc.
|
32
|
(248,672)
|
85
|
6/16/2023
|
(2,240)
|
Activision Blizzard, Inc.
|
57
|
(442,947)
|
90
|
7/21/2023
|
(3,477)
|
Activision Blizzard, Inc.
|
295
|
(2,292,445)
|
90
|
8/18/2023
|
(32,745)
|
Activision Blizzard, Inc.
|
29
|
(225,359)
|
95
|
8/18/2023
|
(1,436)
|
Sea Ltd.
|
57
|
(434,169)
|
90
|
5/19/2023
|
(3,249)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Entertainment (cont’d)
|
|||||
Sea Ltd.
|
38
|
$(289,446)
|
$70
|
6/16/2023
|
$(38,760)
|
Sea Ltd.
|
31
|
(236,127)
|
75
|
6/16/2023
|
(22,397)
|
Sea Ltd.
|
58
|
(441,786)
|
90
|
6/16/2023
|
(11,165)
|
Sea Ltd.
|
37
|
(281,829)
|
75
|
8/18/2023
|
(38,665)
|
Sea Ltd.
|
37
|
(281,829)
|
85
|
8/18/2023
|
(22,662)
|
Sea Ltd.
|
58
|
(441,786)
|
95
|
8/18/2023
|
(19,430)
|
Take-Two Interactive Software, Inc.
|
41
|
(509,589)
|
125
|
5/19/2023
|
(20,397)
|
Take-Two Interactive Software, Inc.
|
23
|
(285,867)
|
115
|
6/16/2023
|
(29,842)
|
Take-Two Interactive Software, Inc.
|
60
|
(745,740)
|
125
|
6/16/2023
|
(38,700)
|
Take-Two Interactive Software, Inc.
|
85
|
(1,056,465)
|
135
|
9/15/2023
|
(59,075)
|
Walt Disney Co.
|
50
|
(512,500)
|
105
|
5/19/2023
|
(12,150)
|
Walt Disney Co.
|
24
|
(246,000)
|
100
|
6/16/2023
|
(15,240)
|
Walt Disney Co.
|
26
|
(266,500)
|
105
|
6/16/2023
|
(9,360)
|
Walt Disney Co.
|
49
|
(502,250)
|
105
|
7/21/2023
|
(23,887)
|
Walt Disney Co.
|
51
|
(522,750)
|
110
|
9/15/2023
|
(25,882)
|
Walt Disney Co.
|
23
|
(235,750)
|
130
|
9/15/2023
|
(1,852)
|
Walt Disney Co.
|
24
|
(246,000)
|
120
|
10/20/2023
|
(6,828)
|
Warner Music Group Corp.
|
75
|
(228,525)
|
31
|
6/16/2023
|
(9,187)
|
Warner Music Group Corp.
|
76
|
(231,572)
|
36
|
7/21/2023
|
(16,150)
|
Warner Music Group Corp.
|
71
|
(216,337)
|
38
|
7/21/2023
|
(12,247)(a)(b)
|
Warner Music Group Corp.
|
79
|
(240,713)
|
36
|
10/20/2023
|
(7,900)
|
Warner Music Group Corp.
|
77
|
(234,619)
|
37
|
10/20/2023
|
(6,738)
|
Warner Music Group Corp.
|
68
|
(207,196)
|
44
|
10/20/2023
|
(2,210)
|
|
|
|
|
|
(502,906)
|
Health Care Equipment & Supplies
|
|||||
Dexcom, Inc.
|
43
|
(521,762)
|
120
|
5/19/2023
|
(19,565)
|
Dexcom, Inc.
|
43
|
(521,762)
|
120
|
6/16/2023
|
(29,670)
|
Dexcom, Inc.
|
19
|
(230,546)
|
125
|
6/16/2023
|
(8,360)
|
Dexcom, Inc.
|
20
|
(242,680)
|
135
|
6/16/2023
|
(2,450)
|
Dexcom, Inc.
|
21
|
(254,814)
|
125
|
9/15/2023
|
(21,945)
|
Dexcom, Inc.
|
45
|
(546,030)
|
130
|
9/15/2023
|
(37,125)
|
Dexcom, Inc.
|
21
|
(254,814)
|
135
|
9/15/2023
|
(13,440)
|
Intuitive Surgical, Inc.
|
20
|
(887,900)
|
270
|
5/19/2023
|
(63,700)
|
Intuitive Surgical, Inc.
|
8
|
(355,160)
|
290
|
6/16/2023
|
(15,000)
|
Intuitive Surgical, Inc.
|
9
|
(399,555)
|
310
|
6/16/2023
|
(6,570)
|
Intuitive Surgical, Inc.
|
9
|
(399,555)
|
290
|
7/21/2023
|
(21,825)
|
Intuitive Surgical, Inc.
|
10
|
(443,950)
|
285
|
10/20/2023
|
(37,250)
|
Omnicell, Inc.
|
86
|
(522,622)
|
60
|
5/19/2023
|
(33,325)
|
Omnicell, Inc.
|
39
|
(237,003)
|
60
|
6/16/2023
|
(18,915)
|
Omnicell, Inc.
|
43
|
(261,311)
|
65
|
8/18/2023
|
(18,920)
|
Omnicell, Inc.
|
83
|
(504,391)
|
70
|
8/18/2023
|
(23,655)
|
Omnicell, Inc.
|
44
|
(267,388)
|
65
|
12/15/2023
|
(28,600)
|
|
|
|
|
|
(400,315)
|
Hotels, Restaurants & Leisure
|
|||||
Expedia Group, Inc.
|
54
|
(507,384)
|
95
|
5/19/2023
|
(23,625)
|
Expedia Group, Inc.
|
26
|
(244,296)
|
95
|
6/16/2023
|
(14,950)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Hotels, Restaurants & Leisure (cont’d)
|
|||||
Expedia Group, Inc.
|
26
|
$(244,296)
|
$100
|
6/16/2023
|
$(9,490)
|
Expedia Group, Inc.
|
53
|
(497,988)
|
95
|
7/21/2023
|
(38,292)
|
Expedia Group, Inc.
|
27
|
(253,692)
|
100
|
7/21/2023
|
(13,365)
|
Expedia Group, Inc.
|
21
|
(197,316)
|
145
|
7/21/2023
|
(294)
|
Expedia Group, Inc.
|
26
|
(244,296)
|
110
|
10/20/2023
|
(14,235)
|
Expedia Group, Inc.
|
23
|
(216,108)
|
125
|
10/20/2023
|
(5,026)
|
|
|
|
|
|
(119,277)
|
Interactive Media & Services
|
|||||
Alphabet, Inc.
|
25
|
(270,550)
|
107.5
|
6/16/2023
|
(12,687)
|
Alphabet, Inc.
|
24
|
(259,728)
|
130
|
9/15/2023
|
(3,780)
|
Alphabet, Inc.
|
26
|
(281,372)
|
110
|
10/20/2023
|
(24,245)
|
ZoomInfo Technologies, Inc.
|
212
|
(464,492)
|
25
|
5/19/2023
|
(7,950)
|
ZoomInfo Technologies, Inc.
|
109
|
(238,819)
|
22.5
|
6/16/2023
|
(16,895)
|
ZoomInfo Technologies, Inc.
|
78
|
(170,898)
|
35
|
6/16/2023
|
(390)(a)(b)
|
ZoomInfo Technologies, Inc.
|
318
|
(696,738)
|
25
|
7/21/2023
|
(33,390)
|
ZoomInfo Technologies, Inc.
|
87
|
(190,617)
|
35
|
7/21/2023
|
—(a)(b)
|
ZoomInfo Technologies, Inc.
|
104
|
(227,864)
|
27.5
|
10/20/2023
|
(14,820)
|
ZoomInfo Technologies, Inc.
|
95
|
(208,145)
|
30
|
10/20/2023
|
(8,787)
|
|
|
|
|
|
(122,944)
|
IT Services
|
|||||
Accenture PLC
|
17
|
(476,493)
|
300
|
5/19/2023
|
(468)
|
Accenture PLC
|
9
|
(252,261)
|
275
|
6/16/2023
|
(11,475)
|
Accenture PLC
|
17
|
(476,493)
|
295
|
6/16/2023
|
(4,760)
|
Accenture PLC
|
8
|
(224,232)
|
330
|
6/16/2023
|
(32)(a)(b)
|
Accenture PLC
|
18
|
(504,522)
|
310
|
8/18/2023
|
(7,020)
|
Accenture PLC
|
9
|
(252,261)
|
315
|
8/18/2023
|
(2,588)
|
Accenture PLC
|
9
|
(252,261)
|
350
|
8/18/2023
|
(180)
|
EPAM Systems, Inc.
|
17
|
(480,148)
|
300
|
5/19/2023
|
(8,415)
|
EPAM Systems, Inc.
|
9
|
(254,196)
|
280
|
6/16/2023
|
(15,840)
|
EPAM Systems, Inc.
|
7
|
(197,708)
|
400
|
6/16/2023
|
(35)(a)(b)
|
EPAM Systems, Inc.
|
17
|
(480,148)
|
300
|
7/21/2023
|
(22,525)
|
EPAM Systems, Inc.
|
8
|
(225,952)
|
330
|
7/21/2023
|
(3,440)
|
EPAM Systems, Inc.
|
9
|
(254,196)
|
330
|
10/20/2023
|
(13,050)
|
EPAM Systems, Inc.
|
8
|
(225,952)
|
360
|
10/20/2023
|
(5,640)
|
EPAM Systems, Inc.
|
7
|
(197,708)
|
440
|
10/20/2023
|
(805)
|
Globant SA
|
33
|
(517,671)
|
160
|
5/19/2023
|
(16,665)
|
Globant SA
|
13
|
(203,931)
|
200
|
5/19/2023
|
(1,378)(a)(b)
|
Globant SA
|
16
|
(250,992)
|
150
|
6/16/2023
|
(22,960)
|
Globant SA
|
33
|
(517,671)
|
155
|
8/18/2023
|
(57,420)
|
Globant SA
|
15
|
(235,305)
|
175
|
8/18/2023
|
(13,575)
|
Globant SA
|
16
|
(250,992)
|
180
|
8/18/2023
|
(11,760)
|
Globant SA
|
14
|
(219,618)
|
200
|
8/18/2023
|
(4,690)
|
Globant SA
|
15
|
(235,305)
|
210
|
8/18/2023
|
(3,338)
|
MongoDB, Inc.
|
23
|
(551,908)
|
230
|
5/19/2023
|
(43,067)
|
MongoDB, Inc.
|
23
|
(551,908)
|
220
|
6/16/2023
|
(82,627)
|
MongoDB, Inc.
|
12
|
(287,952)
|
230
|
6/16/2023
|
(35,940)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
IT Services (cont’d)
|
|||||
MongoDB, Inc.
|
10
|
$(239,960)
|
$240
|
6/16/2023
|
$(24,650)
|
MongoDB, Inc.
|
11
|
(263,956)
|
250
|
8/18/2023
|
(32,065)
|
MongoDB, Inc.
|
22
|
(527,912)
|
260
|
8/18/2023
|
(55,275)
|
MongoDB, Inc.
|
11
|
(263,956)
|
290
|
8/18/2023
|
(17,132)
|
Shopify, Inc.
|
400
|
(1,938,000)
|
45
|
5/19/2023
|
(206,000)
|
Snowflake, Inc.
|
33
|
(488,664)
|
160
|
5/19/2023
|
(8,300)
|
Snowflake, Inc.
|
16
|
(236,928)
|
150
|
6/16/2023
|
(19,040)
|
Snowflake, Inc.
|
16
|
(236,928)
|
170
|
6/16/2023
|
(7,720)
|
Snowflake, Inc.
|
34
|
(503,472)
|
150
|
7/21/2023
|
(51,510)
|
Snowflake, Inc.
|
17
|
(251,736)
|
155
|
8/18/2023
|
(26,520)
|
Snowflake, Inc.
|
18
|
(266,544)
|
160
|
8/18/2023
|
(24,435)
|
Snowflake, Inc.
|
17
|
(251,736)
|
165
|
8/18/2023
|
(19,932)
|
Snowflake, Inc.
|
15
|
(222,120)
|
210
|
8/18/2023
|
(4,193)
|
Thoughtworks Holding, Inc.
|
1,033
|
(643,559)
|
7.5
|
7/21/2023
|
(33,572)
|
Thoughtworks Holding, Inc.
|
470
|
(292,810)
|
12.5
|
7/21/2023
|
—(a)(b)
|
Thoughtworks Holding, Inc.
|
313
|
(194,999)
|
10
|
10/20/2023
|
—(a)(b)
|
|
|
|
|
|
(920,037)
|
Machinery
|
|||||
Deere & Co.
|
13
|
(491,426)
|
410
|
5/19/2023
|
(2,256)
|
Deere & Co.
|
6
|
(226,812)
|
380
|
6/16/2023
|
(9,810)
|
Deere & Co.
|
6
|
(226,812)
|
480
|
6/16/2023
|
(162)
|
Deere & Co.
|
6
|
(226,812)
|
420
|
9/15/2023
|
(7,470)
|
Deere & Co.
|
6
|
(226,812)
|
460
|
9/15/2023
|
(2,610)
|
Deere & Co.
|
6
|
(226,812)
|
480
|
9/15/2023
|
(1,431)
|
Deere & Co.
|
6
|
(226,812)
|
490
|
9/15/2023
|
(1,086)
|
|
|
|
|
|
(24,825)
|
Professional Services
|
|||||
Verisk Analytics, Inc.
|
26
|
(504,686)
|
200
|
5/19/2023
|
(7,605)
|
Verisk Analytics, Inc.
|
12
|
(232,932)
|
190
|
6/16/2023
|
(12,000)
|
Verisk Analytics, Inc.
|
26
|
(504,686)
|
200
|
6/16/2023
|
(11,830)
|
Verisk Analytics, Inc.
|
13
|
(252,343)
|
210
|
6/16/2023
|
(1,950)
|
Verisk Analytics, Inc.
|
27
|
(524,097)
|
210
|
9/15/2023
|
(16,605)
|
Verisk Analytics, Inc.
|
14
|
(271,754)
|
220
|
9/15/2023
|
(4,690)
|
|
|
|
|
|
(54,680)
|
Semiconductors & Semiconductor Equipment
|
|||||
Advanced Micro Devices, Inc.
|
153
|
(1,367,361)
|
100
|
5/19/2023
|
(14,841)
|
Advanced Micro Devices, Inc.
|
34
|
(303,858)
|
80
|
6/16/2023
|
(41,905)
|
Advanced Micro Devices, Inc.
|
28
|
(250,236)
|
85
|
6/16/2023
|
(24,710)
|
Advanced Micro Devices, Inc.
|
53
|
(473,661)
|
95
|
7/21/2023
|
(28,885)
|
Advanced Micro Devices, Inc.
|
27
|
(241,299)
|
100
|
7/21/2023
|
(10,125)
|
Advanced Micro Devices, Inc.
|
30
|
(268,110)
|
105
|
9/15/2023
|
(14,400)
|
Advanced Micro Devices, Inc.
|
24
|
(214,488)
|
120
|
9/15/2023
|
(4,812)
|
Advanced Micro Devices, Inc.
|
30
|
(268,110)
|
95
|
10/20/2023
|
(28,800)
|
Ambarella, Inc.
|
36
|
(223,128)
|
65
|
6/16/2023
|
(14,400)
|
Ambarella, Inc.
|
36
|
(223,128)
|
77.5
|
8/18/2023
|
(7,110)
|
Analog Devices, Inc.
|
26
|
(467,688)
|
200
|
5/19/2023
|
(260)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Semiconductors & Semiconductor Equipment (cont’d)
|
|||||
Analog Devices, Inc.
|
13
|
$(233,844)
|
$180
|
6/16/2023
|
$(9,425)
|
Analog Devices, Inc.
|
50
|
(899,400)
|
190
|
6/16/2023
|
(15,250)
|
Analog Devices, Inc.
|
14
|
(251,832)
|
195
|
6/16/2023
|
(2,485)
|
Analog Devices, Inc.
|
26
|
(467,688)
|
200
|
6/16/2023
|
(2,600)
|
Analog Devices, Inc.
|
27
|
(485,676)
|
210
|
9/15/2023
|
(7,493)
|
Analog Devices, Inc.
|
26
|
(467,688)
|
220
|
9/15/2023
|
(3,770)
|
Applied Materials, Inc.
|
43
|
(486,029)
|
120
|
5/19/2023
|
(6,386)
|
Applied Materials, Inc.
|
21
|
(237,363)
|
110
|
6/16/2023
|
(16,800)
|
Applied Materials, Inc.
|
22
|
(248,666)
|
125
|
6/16/2023
|
(3,993)
|
Applied Materials, Inc.
|
43
|
(486,029)
|
120
|
7/21/2023
|
(21,392)
|
Applied Materials, Inc.
|
22
|
(248,666)
|
125
|
7/21/2023
|
(7,315)
|
Applied Materials, Inc.
|
41
|
(463,423)
|
145
|
9/15/2023
|
(7,032)
|
Applied Materials, Inc.
|
21
|
(237,363)
|
140
|
10/20/2023
|
(7,088)
|
ASML Holding NV
|
8
|
(509,488)
|
690
|
5/19/2023
|
(1,860)
|
ASML Holding NV
|
4
|
(254,744)
|
610
|
6/16/2023
|
(18,940)
|
ASML Holding NV
|
4
|
(254,744)
|
690
|
6/16/2023
|
(3,960)
|
ASML Holding NV
|
7
|
(445,802)
|
700
|
7/21/2023
|
(11,900)
|
ASML Holding NV
|
4
|
(254,744)
|
740
|
9/15/2023
|
(7,240)
|
ASML Holding NV
|
4
|
(254,744)
|
780
|
9/15/2023
|
(4,240)
|
ASML Holding NV
|
4
|
(254,744)
|
820
|
9/15/2023
|
(2,500)
|
ASML Holding NV
|
4
|
(254,744)
|
720
|
10/20/2023
|
(12,180)
|
Entegris, Inc.
|
66
|
(494,472)
|
80
|
5/19/2023
|
(10,560)
|
Entegris, Inc.
|
34
|
(254,728)
|
70
|
6/16/2023
|
(27,880)
|
Entegris, Inc.
|
33
|
(247,236)
|
80
|
6/16/2023
|
(9,900)
|
Entegris, Inc.
|
34
|
(254,728)
|
80
|
8/18/2023
|
(18,870)
|
Entegris, Inc.
|
30
|
(224,760)
|
95
|
8/18/2023
|
(4,575)
|
Entegris, Inc.
|
28
|
(209,776)
|
100
|
8/18/2023
|
(2,730)
|
Entegris, Inc.
|
29
|
(217,268)
|
105
|
8/18/2023
|
(1,668)
|
Lam Research Corp.
|
10
|
(524,080)
|
520
|
5/19/2023
|
(19,900)
|
Lam Research Corp.
|
5
|
(262,040)
|
500
|
6/16/2023
|
(21,612)
|
Lam Research Corp.
|
10
|
(524,080)
|
520
|
6/16/2023
|
(30,850)
|
Lam Research Corp.
|
5
|
(262,040)
|
545
|
9/15/2023
|
(21,587)
|
Lam Research Corp.
|
5
|
(262,040)
|
570
|
9/15/2023
|
(16,312)
|
Lam Research Corp.
|
5
|
(262,040)
|
610
|
9/15/2023
|
(9,987)
|
Lattice Semiconductor Corp.
|
54
|
(430,380)
|
95
|
5/19/2023
|
(2,430)
|
Lattice Semiconductor Corp.
|
33
|
(263,010)
|
80
|
6/16/2023
|
(18,810)
|
Lattice Semiconductor Corp.
|
28
|
(223,160)
|
85
|
6/16/2023
|
(9,800)
|
Lattice Semiconductor Corp.
|
100
|
(797,000)
|
90
|
6/16/2023
|
(20,000)
|
Lattice Semiconductor Corp.
|
155
|
(1,235,350)
|
95
|
6/16/2023
|
(15,500)
|
Lattice Semiconductor Corp.
|
59
|
(470,230)
|
100
|
9/15/2023
|
(17,257)
|
Lattice Semiconductor Corp.
|
26
|
(207,220)
|
110
|
9/15/2023
|
(4,095)
|
Lattice Semiconductor Corp.
|
27
|
(215,190)
|
105
|
11/17/2023
|
(10,867)
|
Marvell Technology, Inc.
|
125
|
(493,500)
|
42.5
|
5/19/2023
|
(6,750)
|
Marvell Technology, Inc.
|
63
|
(248,724)
|
37.5
|
6/16/2023
|
(25,830)
|
Marvell Technology, Inc.
|
123
|
(485,604)
|
42.5
|
6/16/2023
|
(20,049)
|
Marvell Technology, Inc.
|
56
|
(221,088)
|
47.5
|
6/16/2023
|
(2,828)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Semiconductors & Semiconductor Equipment (cont’d)
|
|||||
Marvell Technology, Inc.
|
61
|
$(240,828)
|
$45
|
8/18/2023
|
$(12,993)
|
Marvell Technology, Inc.
|
114
|
(450,072)
|
50
|
9/15/2023
|
(17,100)
|
Marvell Technology, Inc.
|
54
|
(213,192)
|
55
|
9/15/2023
|
(4,239)
|
Monolithic Power Systems, Inc.
|
11
|
(508,167)
|
500
|
5/19/2023
|
(6,820)
|
Monolithic Power Systems, Inc.
|
20
|
(923,940)
|
510
|
5/19/2023
|
(9,700)
|
Monolithic Power Systems, Inc.
|
6
|
(277,182)
|
440
|
6/16/2023
|
(27,000)
|
Monolithic Power Systems, Inc.
|
5
|
(230,985)
|
450
|
6/16/2023
|
(19,350)
|
Monolithic Power Systems, Inc.
|
10
|
(461,970)
|
500
|
6/16/2023
|
(15,550)
|
Monolithic Power Systems, Inc.
|
5
|
(230,985)
|
520
|
9/15/2023
|
(15,375)
|
Monolithic Power Systems, Inc.
|
6
|
(277,182)
|
560
|
9/15/2023
|
(11,550)
|
Monolithic Power Systems, Inc.
|
10
|
(461,970)
|
600
|
9/15/2023
|
(11,350)
|
NVIDIA Corp.
|
19
|
(527,231)
|
280
|
5/19/2023
|
(16,530)
|
NVIDIA Corp.
|
13
|
(360,737)
|
200
|
6/16/2023
|
(104,195)
|
NVIDIA Corp.
|
9
|
(249,741)
|
270
|
6/16/2023
|
(20,857)
|
NVIDIA Corp.
|
18
|
(499,482)
|
280
|
7/21/2023
|
(42,705)
|
NVIDIA Corp.
|
9
|
(249,741)
|
295
|
8/18/2023
|
(19,035)
|
NVIDIA Corp.
|
12
|
(332,988)
|
255
|
9/15/2023
|
(56,400)
|
NVIDIA Corp.
|
10
|
(277,490)
|
275
|
9/15/2023
|
(35,325)
|
NVIDIA Corp.
|
9
|
(249,741)
|
315
|
9/15/2023
|
(16,515)
|
Qorvo, Inc.
|
52
|
(478,816)
|
100
|
5/19/2023
|
(5,200)
|
Qorvo, Inc.
|
26
|
(239,408)
|
105
|
8/18/2023
|
(8,190)
|
Qorvo, Inc.
|
48
|
(441,984)
|
120
|
8/18/2023
|
(3,720)
|
Rambus, Inc.
|
64
|
(283,776)
|
41
|
5/19/2023
|
(27,520)
|
Rambus, Inc.
|
200
|
(886,800)
|
45
|
5/19/2023
|
(35,000)
|
Rambus, Inc.
|
250
|
(1,108,500)
|
47
|
5/19/2023
|
(24,375)
|
Rambus, Inc.
|
101
|
(447,834)
|
50
|
5/19/2023
|
(3,788)
|
Rambus, Inc.
|
52
|
(230,568)
|
45
|
6/16/2023
|
(13,130)
|
Rambus, Inc.
|
300
|
(1,330,200)
|
50
|
8/18/2023
|
(59,250)
|
Rambus, Inc.
|
162
|
(718,308)
|
55
|
8/18/2023
|
(14,985)
|
Rambus, Inc.
|
56
|
(248,304)
|
50
|
11/17/2023
|
(19,320)
|
Taiwan Semiconductor Manufacturing
Co. Ltd.
|
55
|
(463,650)
|
95
|
5/19/2023
|
(440)
|
Taiwan Semiconductor Manufacturing
Co. Ltd.
|
29
|
(244,470)
|
80
|
6/16/2023
|
(18,922)
|
Taiwan Semiconductor Manufacturing
Co. Ltd.
|
30
|
(252,900)
|
90
|
6/16/2023
|
(4,110)
|
Taiwan Semiconductor Manufacturing
Co. Ltd.
|
82
|
(691,260)
|
95
|
7/21/2023
|
(11,070)
|
Taiwan Semiconductor Manufacturing
Co. Ltd.
|
26
|
(219,180)
|
110
|
9/15/2023
|
(1,248)
|
Taiwan Semiconductor Manufacturing
Co. Ltd.
|
27
|
(227,610)
|
115
|
9/15/2023
|
(743)
|
Taiwan Semiconductor Manufacturing
Co. Ltd.
|
27
|
(227,610)
|
105
|
10/20/2023
|
(3,659)
|
Texas Instruments, Inc.
|
28
|
(468,160)
|
185
|
5/19/2023
|
(112)
|
Texas Instruments, Inc.
|
14
|
(234,080)
|
165
|
6/16/2023
|
(9,695)
|
Texas Instruments, Inc.
|
14
|
(234,080)
|
195
|
6/16/2023
|
(147)
|
Texas Instruments, Inc.
|
27
|
(451,440)
|
185
|
7/21/2023
|
(4,091)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Semiconductors & Semiconductor Equipment (cont’d)
|
|||||
Texas Instruments, Inc.
|
14
|
$(234,080)
|
$195
|
7/21/2023
|
$(644)
|
Texas Instruments, Inc.
|
14
|
(234,080)
|
210
|
9/15/2023
|
(714)
|
Texas Instruments, Inc.
|
14
|
(234,080)
|
220
|
9/15/2023
|
(315)
|
Texas Instruments, Inc.
|
14
|
(234,080)
|
200
|
10/20/2023
|
(2,821)
|
|
|
|
|
|
(1,450,542)
|
Software
|
|||||
Adobe, Inc.
|
13
|
(490,828)
|
405
|
5/19/2023
|
(1,463)
|
Adobe, Inc.
|
7
|
(264,292)
|
360
|
6/16/2023
|
(20,632)
|
Adobe, Inc.
|
7
|
(264,292)
|
380
|
6/16/2023
|
(11,760)
|
Adobe, Inc.
|
13
|
(490,828)
|
400
|
7/21/2023
|
(17,485)
|
Adobe, Inc.
|
7
|
(264,292)
|
415
|
7/21/2023
|
(5,880)
|
Adobe, Inc.
|
6
|
(226,536)
|
470
|
7/21/2023
|
(672)
|
Adobe, Inc.
|
7
|
(264,292)
|
400
|
10/20/2023
|
(18,550)
|
Adobe, Inc.
|
7
|
(264,292)
|
430
|
10/20/2023
|
(10,570)
|
ANSYS, Inc.
|
15
|
(470,880)
|
340
|
5/19/2023
|
(4,575)
|
ANSYS, Inc.
|
8
|
(251,136)
|
310
|
6/16/2023
|
(13,760)
|
ANSYS, Inc.
|
9
|
(282,528)
|
290
|
7/21/2023
|
(31,950)
|
ANSYS, Inc.
|
9
|
(282,528)
|
330
|
7/21/2023
|
(10,305)
|
ANSYS, Inc.
|
15
|
(470,880)
|
340
|
7/21/2023
|
(12,225)
|
ANSYS, Inc.
|
8
|
(251,136)
|
350
|
7/21/2023
|
(4,960)
|
ANSYS, Inc.
|
16
|
(502,272)
|
360
|
10/20/2023
|
(19,280)
|
Atlassian Corp.
|
30
|
(442,980)
|
170
|
5/19/2023
|
(10,350)
|
Atlassian Corp.
|
16
|
(236,256)
|
150
|
6/16/2023
|
(21,200)
|
Atlassian Corp.
|
47
|
(694,002)
|
165
|
6/16/2023
|
(35,015)
|
Atlassian Corp.
|
16
|
(236,256)
|
180
|
9/15/2023
|
(17,600)
|
Atlassian Corp.
|
15
|
(221,490)
|
185
|
9/15/2023
|
(14,625)
|
Atlassian Corp.
|
28
|
(413,448)
|
210
|
9/15/2023
|
(14,420)
|
Autodesk, Inc.
|
12
|
(233,748)
|
190
|
6/16/2023
|
(16,380)
|
Bills Holdings, Inc.
|
64
|
(491,584)
|
80
|
5/19/2023
|
(38,720)
|
Bills Holdings, Inc.
|
20
|
(153,620)
|
135
|
5/19/2023
|
(400)
|
Bills Holdings, Inc.
|
31
|
(238,111)
|
75
|
6/16/2023
|
(31,155)
|
Bills Holdings, Inc.
|
65
|
(499,265)
|
80
|
8/18/2023
|
(77,025)
|
Bills Holdings, Inc.
|
65
|
(499,265)
|
85
|
8/18/2023
|
(64,350)
|
Bills Holdings, Inc.
|
27
|
(207,387)
|
105
|
8/18/2023
|
(12,555)
|
Bills Holdings, Inc.
|
21
|
(161,301)
|
150
|
8/18/2023
|
(1,838)
|
Cadence Design Systems, Inc.
|
14
|
(293,230)
|
190
|
5/19/2023
|
(29,890)
|
Cadence Design Systems, Inc.
|
50
|
(1,047,250)
|
200
|
5/19/2023
|
(58,250)
|
Cadence Design Systems, Inc.
|
22
|
(460,790)
|
210
|
5/19/2023
|
(9,900)
|
Cadence Design Systems, Inc.
|
24
|
(502,680)
|
220
|
5/19/2023
|
(2,760)
|
Cadence Design Systems, Inc.
|
12
|
(251,340)
|
200
|
6/16/2023
|
(17,280)
|
Cadence Design Systems, Inc.
|
23
|
(481,735)
|
220
|
8/18/2023
|
(20,240)
|
Cadence Design Systems, Inc.
|
26
|
(544,570)
|
230
|
8/18/2023
|
(13,520)
|
Cadence Design Systems, Inc.
|
23
|
(481,735)
|
240
|
8/18/2023
|
(6,440)
|
Crowdstrike Holdings, Inc.
|
38
|
(456,190)
|
140
|
5/19/2023
|
(1,197)
|
Crowdstrike Holdings, Inc.
|
18
|
(216,090)
|
150
|
7/21/2023
|
(3,996)
|
Crowdstrike Holdings, Inc.
|
19
|
(228,095)
|
150
|
10/20/2023
|
(12,065)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Software (cont’d)
|
|||||
Crowdstrike Holdings, Inc.
|
18
|
$(216,090)
|
$160
|
10/20/2023
|
$(7,875)
|
Datadog, Inc.
|
74
|
(498,612)
|
70
|
5/19/2023
|
(25,530)
|
Datadog, Inc.
|
33
|
(222,354)
|
70
|
6/16/2023
|
(16,830)
|
Datadog, Inc.
|
30
|
(202,140)
|
90
|
6/16/2023
|
(1,845)
|
Datadog, Inc.
|
74
|
(498,612)
|
70
|
7/21/2023
|
(49,025)
|
Datadog, Inc.
|
30
|
(202,140)
|
105
|
7/21/2023
|
(1,110)
|
Datadog, Inc.
|
36
|
(242,568)
|
75
|
8/18/2023
|
(22,770)
|
Datadog, Inc.
|
36
|
(242,568)
|
80
|
10/20/2023
|
(23,850)
|
Datadog, Inc.
|
32
|
(215,616)
|
90
|
10/20/2023
|
(13,120)
|
Dynatrace, Inc.
|
120
|
(507,360)
|
45
|
5/19/2023
|
(10,200)
|
Dynatrace, Inc.
|
57
|
(240,996)
|
40
|
6/16/2023
|
(23,085)
|
Dynatrace, Inc.
|
180
|
(761,040)
|
45
|
6/16/2023
|
(25,650)
|
Dynatrace, Inc.
|
121
|
(511,588)
|
45
|
8/18/2023
|
(34,787)
|
Dynatrace, Inc.
|
57
|
(240,996)
|
50
|
8/18/2023
|
(7,410)
|
Dynatrace, Inc.
|
57
|
(240,996)
|
55
|
8/18/2023
|
(2,708)
|
Gitlab, Inc.
|
73
|
(221,628)
|
35
|
7/21/2023
|
(17,155)
|
Gitlab, Inc.
|
67
|
(203,412)
|
45
|
10/20/2023
|
(12,562)
|
HubSpot, Inc.
|
12
|
(505,140)
|
430
|
5/19/2023
|
(21,900)
|
HubSpot, Inc.
|
8
|
(336,760)
|
350
|
6/16/2023
|
(64,240)
|
HubSpot, Inc.
|
6
|
(252,570)
|
410
|
6/16/2023
|
(22,320)
|
HubSpot, Inc.
|
12
|
(505,140)
|
430
|
6/16/2023
|
(31,320)
|
HubSpot, Inc.
|
13
|
(547,235)
|
460
|
9/15/2023
|
(49,725)
|
HubSpot, Inc.
|
12
|
(505,140)
|
470
|
9/15/2023
|
(40,140)
|
Intuit, Inc.
|
11
|
(488,345)
|
460
|
5/19/2023
|
(8,030)
|
Intuit, Inc.
|
6
|
(266,370)
|
420
|
6/16/2023
|
(23,640)
|
Intuit, Inc.
|
30
|
(1,331,850)
|
430
|
6/16/2023
|
(97,350)
|
Intuit, Inc.
|
6
|
(266,370)
|
470
|
6/16/2023
|
(7,500)
|
Intuit, Inc.
|
11
|
(488,345)
|
470
|
7/21/2023
|
(20,185)
|
Intuit, Inc.
|
6
|
(266,370)
|
490
|
7/21/2023
|
(7,350)
|
Intuit, Inc.
|
6
|
(266,370)
|
540
|
7/21/2023
|
(2,130)
|
Intuit, Inc.
|
6
|
(266,370)
|
480
|
10/20/2023
|
(18,210)
|
Intuit, Inc.
|
6
|
(266,370)
|
490
|
10/20/2023
|
(15,540)
|
Palo Alto Networks, Inc.
|
25
|
(456,150)
|
210
|
5/19/2023
|
(775)
|
Palo Alto Networks, Inc.
|
15
|
(273,690)
|
175
|
6/16/2023
|
(22,425)
|
Palo Alto Networks, Inc.
|
13
|
(237,198)
|
185
|
6/16/2023
|
(11,862)
|
Palo Alto Networks, Inc.
|
50
|
(912,300)
|
190
|
6/16/2023
|
(33,875)
|
Palo Alto Networks, Inc.
|
25
|
(456,150)
|
200
|
6/16/2023
|
(8,625)
|
Palo Alto Networks, Inc.
|
16
|
(291,936)
|
200
|
9/15/2023
|
(15,720)
|
Palo Alto Networks, Inc.
|
26
|
(474,396)
|
220
|
9/15/2023
|
(11,115)
|
Palo Alto Networks, Inc.
|
13
|
(237,198)
|
230
|
9/15/2023
|
(3,484)
|
ServiceNow, Inc.
|
11
|
(505,362)
|
500
|
5/19/2023
|
(2,393)
|
ServiceNow, Inc.
|
5
|
(229,710)
|
450
|
6/16/2023
|
(14,825)
|
ServiceNow, Inc.
|
6
|
(275,652)
|
470
|
6/16/2023
|
(11,250)
|
ServiceNow, Inc.
|
10
|
(459,420)
|
490
|
6/16/2023
|
(10,850)
|
ServiceNow, Inc.
|
12
|
(551,304)
|
520
|
8/18/2023
|
(20,100)
|
ServiceNow, Inc.
|
5
|
(229,710)
|
530
|
8/18/2023
|
(7,025)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Software (cont’d)
|
|||||
ServiceNow, Inc.
|
5
|
$(229,710)
|
$580
|
8/18/2023
|
$(2,550)
|
Zscaler, Inc.
|
48
|
(432,480)
|
110
|
5/19/2023
|
(1,032)
|
Zscaler, Inc.
|
80
|
(720,800)
|
115
|
5/19/2023
|
(920)
|
Zscaler, Inc.
|
20
|
(180,200)
|
135
|
5/19/2023
|
(70)
|
Zscaler, Inc.
|
25
|
(225,250)
|
95
|
6/16/2023
|
(14,812)
|
Zscaler, Inc.
|
47
|
(423,470)
|
110
|
7/21/2023
|
(15,275)
|
Zscaler, Inc.
|
23
|
(207,230)
|
120
|
8/18/2023
|
(5,566)
|
Zscaler, Inc.
|
22
|
(198,220)
|
130
|
8/18/2023
|
(2,926)
|
Zscaler, Inc.
|
20
|
(180,200)
|
145
|
8/18/2023
|
(1,100)
|
Zscaler, Inc.
|
19
|
(171,190)
|
165
|
8/18/2023
|
(399)
|
|
|
|
|
|
(1,659,304)
|
Wireless Telecommunication Services
|
|||||
T-Mobile U.S., Inc.
|
34
|
(489,260)
|
155
|
5/19/2023
|
(255)
|
T-Mobile U.S., Inc.
|
16
|
(230,240)
|
150
|
6/16/2023
|
(2,624)
|
T-Mobile U.S., Inc.
|
50
|
(719,500)
|
155
|
6/16/2023
|
(2,750)
|
T-Mobile U.S., Inc.
|
50
|
(719,500)
|
165
|
8/18/2023
|
(4,625)
|
T-Mobile U.S., Inc.
|
17
|
(244,630)
|
175
|
8/18/2023
|
(442)
|
|
|
|
|
|
(10,696)
|
Total calls
|
|
|
|
|
$(6,098,647)
|
Puts
|
|||||
Broadline Retail
|
|||||
Amazon.com, Inc.
|
200
|
(2,109,000)
|
100
|
5/19/2023
|
(24,100)
|
Amazon.com, Inc.
|
250
|
(2,636,250)
|
105
|
7/21/2023
|
(138,500)
|
|
|
|
|
|
(162,600)
|
Interactive Media & Services
|
|||||
ZoomInfo Technologies, Inc.
|
500
|
(1,095,500)
|
20
|
6/16/2023
|
(47,500)
|
IT Services
|
|||||
MongoDB, Inc.
|
30
|
(719,880)
|
200
|
5/19/2023
|
(5,145)
|
Snowflake, Inc.
|
80
|
(1,184,640)
|
130
|
5/19/2023
|
(10,960)
|
Snowflake, Inc.
|
80
|
(1,184,640)
|
130
|
6/16/2023
|
(40,800)
|
|
|
|
|
|
(56,905)
|
Machinery
|
|||||
Deere & Co.
|
40
|
(1,512,080)
|
390
|
6/16/2023
|
(83,800)
|
Semiconductors & Semiconductor Equipment
|
|||||
Ambarella, Inc.
|
161
|
(997,878)
|
60
|
6/16/2023
|
(66,010)
|
Ambarella, Inc.
|
250
|
(1,549,500)
|
72.5
|
6/16/2023
|
(296,250)
|
Analog Devices, Inc.
|
55
|
(989,340)
|
175
|
6/16/2023
|
(27,775)
|
Lam Research Corp.
|
40
|
(2,096,320)
|
500
|
6/16/2023
|
(67,400)
|
Lam Research Corp.
|
50
|
(2,620,400)
|
520
|
6/16/2023
|
(121,500)
|
Lattice Semiconductor Corp.
|
122
|
(972,340)
|
80
|
6/16/2023
|
(64,050)
|
Micron Technology, Inc.
|
400
|
(2,574,400)
|
57.5
|
6/16/2023
|
(40,600)
|
Micron Technology, Inc.
|
450
|
(2,896,200)
|
57.5
|
7/21/2023
|
(86,625)
|
Monolithic Power Systems, Inc.
|
22
|
(1,016,334)
|
440
|
6/16/2023
|
(43,780)
|
Description
|
Number of
Contracts
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
Semiconductors & Semiconductor Equipment (cont’d)
|
|||||
ON Semiconductor Corp.
|
141
|
$(1,014,636)
|
$65
|
6/16/2023
|
$(30,174)
|
Rambus, Inc.
|
300
|
(1,330,200)
|
46
|
6/16/2023
|
(105,000)
|
Texas Instruments, Inc.
|
58
|
(969,760)
|
165
|
6/16/2023
|
(28,275)
|
|
|
|
|
|
(977,439)
|
Software
|
|||||
Autodesk, Inc.
|
100
|
(1,947,900)
|
200
|
5/19/2023
|
(77,500)
|
Gitlab, Inc.
|
350
|
(1,062,600)
|
30
|
6/16/2023
|
(105,875)
|
Microsoft Corp.
|
80
|
(2,458,080)
|
270
|
5/19/2023
|
(3,080)
|
Microsoft Corp.
|
70
|
(2,150,820)
|
280
|
5/19/2023
|
(5,075)
|
Workday, Inc.
|
200
|
(3,722,800)
|
190
|
5/19/2023
|
(138,000)
|
|
|
|
|
|
(329,530)
|
Total puts
|
|
|
|
|
$(1,657,774)
|
Total options written (premium received $12,039,630)
|
$(7,756,421)
|
|
|
(a)
|
Value determined using significant unobservable inputs.
|
(b)
|
Security fair valued as of April 30, 2023 in accordance with procedures approved by the
valuation designee.
|
Asset Valuation Inputs
|
Level 1
|
Level 2
|
Level 3(a)
|
Total
|
Investments:
|
|
|
|
|
Common Stocks
|
|
|
|
|
Computers
|
$—
|
$—
|
$19,000,003
|
$19,000,003
|
Entertainment
|
48,067,560
|
3,836,997
|
—
|
51,904,557
|
Hotels, Restaurants & Leisure
|
11,428,918
|
21,049,257
|
—
|
32,478,175
|
Machinery
|
4,725,250
|
11,685,329
|
—
|
16,410,579
|
Semiconductors & Semiconductor Equipment
|
226,893,457
|
12,654,296
|
—
|
239,547,753
|
Software
|
190,654,842
|
—
|
26,208,360
|
216,863,202
|
Other Common Stocks#
|
224,786,861
|
—
|
—
|
224,786,861
|
Total Common Stocks
|
706,556,888
|
49,225,879
|
45,208,363
|
800,991,130
|
Preferred Stocks#
|
—
|
—
|
103,299,171
|
103,299,171
|
Convertible Bonds
|
|
|
|
|
Computers
|
—
|
—
|
5,000,000
|
5,000,000
|
Other Convertible Bonds#
|
—
|
3,813,614
|
—
|
3,813,614
|
Total Convertible Bonds
|
—
|
3,813,614
|
5,000,000
|
8,813,614
|
Short-Term Investments
|
—
|
45,328,788
|
—
|
45,328,788
|
Total Investments
|
$706,556,888
|
$98,368,281
|
$153,507,534
|
$958,432,703
|
#
|
The Consolidated Schedule of Investments provides information on the industry or sector
categorization as
well as a Positions by Country summary.
|
(a)
|
The following is a reconciliation between the beginning and ending balances of investments in
which
unobservable inputs (Level 3) were used in determining value:
|
(000's
omitted)
|
Beginning
balance as
of 11/1/2022
|
Accrued
discounts/
(premiums)
|
Realized
gain/(loss)
|
Change
in unrealized
appreciation/
(depreciation)
|
Purchases
|
Sales
|
Transfers
into
Level 3
|
Transfers
out of
Level 3
|
Balance
as of
4/30/2023
|
Net change in
unrealized
appreciation/
(depreciation)
from
investments
still held as of
4/30/2023
|
Investments in Securities:
|
||||||||||
Common Stocks(1)
|
$49,532
|
$—
|
$—
|
$(4,323
)
|
$—
|
$—
|
$—
|
$—
|
$45,209
|
$(4,323
)
|
Preferred Stocks(1)
|
109,535
|
—
|
—
|
(6,236
)
|
—
|
—
|
—
|
—
|
103,299
|
(6,236
)
|
Convertible Bonds(1)
|
5,000
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
5,000
|
—
|
Total
|
$164,067
|
$—
|
$—
|
$(10,559
)
|
$—
|
$—
|
$—
|
$—
|
$153,508
|
$(10,559
)
|
(1) Quantitative
Information about Level 3 Fair Value Measurements:
|
Investment type
|
Fair value
at
4/30/2023
|
Valuation
approach
|
Unobservable
input(s)
|
Input value/
range
|
Weighted
average(a)
|
Impact to
valuation
from
increase
in input(b)
|
Common Stock
|
$45,208,363
|
Market Approach
|
Enterprise value/Revenue
multiple(c) (EV/Revenue)
|
8.0x - 14.0x
|
11.5x
|
Increase
|
|
|
|
Liquidation Preference Discount
|
31.3%
|
31.3%
|
Decrease
|
Preferred Stock
|
67,834,926
|
Market Approach
|
Enterprise value/Revenue
multiple(c) (EV/Revenue)
|
3.0x - 14.0x
|
6.5x
|
Increase
|
Preferred Stock
|
10,464,237
|
Market Approach
|
Transaction Price
|
$0.46 - $369.79
|
$353.40
|
Increase
|
Preferred Units
|
25,000,008
|
Market Approach
|
Enterprise value/Revenue
multiple(c) (EV/Revenue)
|
4.0x
|
4.0x
|
Increase
|
Convertible
Bonds
|
5,000,000
|
Market Approach
|
Transaction Price
|
$1,000.00
|
$1,000.00
|
Increase
|
(a) The weighted averages disclosed in the table above were weighted by relative fair value.
|
||||||
(b) Represents the expected directional change in the fair value of the Level 3 investments that
would result from an increase or decrease in the corresponding input.
Significant changes in
these inputs could result in significantly higher or lower fair value
measurements.
|
||||||
(c) Represents amounts used when the reporting entity has determined that market participants
would use such multiples when pricing the investments.
|
Other Financial Instruments
|
Level 1
|
Level 2
|
Level 3(a)
|
Total
|
Options Written
|
|
|
|
|
Liabilities
|
$(7,740,609
)
|
$—
|
$(15,812
)
|
$(7,756,421
)
|
Total
|
$(7,740,609
)
|
$—
|
$(15,812
)
|
$(7,756,421
)
|
(a)
|
The following is a reconciliation between the beginning and ending balances of derivative
investments in
which unobservable inputs (Level 3) were used in determining value:
|
(000's
omitted)
|
Beginning
balance as
of 11/1/2022
|
Accrued
discounts/
(premiums)
|
Realized
gain/(loss)
|
Change
in unrealized
appreciation/
(depreciation)
|
Purchases/
Closing
of options
|
Sales/
Writing
of options
|
Transfers
into
Level 3
|
Transfers
out of
Level 3
|
Balance
as of
4/30/2023
|
Net change in
unrealized
appreciation/
(depreciation)
from
investments
still held as of
4/30/2023
|
Other Financial Instruments
|
||||||||||
Written Option
Contracts(1)
|
$(7
)
|
$—
|
$46
|
$178
|
$7
|
$(240
)
|
$—
|
$—
|
$(16
)
|
$130
|
Total
|
$(7
)
|
$—
|
$46
|
$178
|
$7
|
$(240
)
|
$—
|
$—
|
$(16
)
|
$130
|
(1) For
the six months ended April 30, 2023, these investments were valued in accordance with
procedures approved by the valuation designee. These investments did not have a material impact
on
the Fund’s net assets applicable to common stockholders and, therefore, disclosure of
unobservable
inputs used in formulating valuations is not presented.
|
|
NEXT
GENERATION
CONNECTIVITY
FUND INC.
|
|
April 30, 2023
|
Assets
|
|
Investments in securities, at value* (Note
A)—see Consolidated Schedule of Investments:
|
|
Unaffiliated issuers(a)
|
$958,432,703
|
Cash
|
489,611
|
Foreign currency(b)
|
768,577
|
Dividends and interest receivable
|
842,225
|
Receivable for securities sold
|
222,063
|
Total Assets
|
960,755,179
|
Liabilities
|
|
Distributions payable—common stock
|
1,029,936
|
Payable to investment manager (Note B)
|
802,793
|
Option contracts written, at value(c)
(Note A)
|
7,756,421
|
Payable for securities purchased
|
1,999,171
|
Payable to administrator (Note B)
|
201,098
|
Payable to directors
|
846
|
Other accrued expenses and payables
|
136,364
|
Total Liabilities
|
11,926,629
|
Net Assets applicable to Common Stockholders
|
$948,828,550
|
Net Assets applicable to Common Stockholders consist of:
|
|
Paid-in capital—common stock
|
$1,441,472,567
|
Total distributable earnings/(losses)
|
(492,644,017
)
|
Net Assets applicable to Common Stockholders
|
$948,828,550
|
Shares of Common Stock Outstanding ($0.0001 par value; 1,000,000,000 shares
authorized)
|
78,761,496
|
Net Asset Value Per Share of Common Stock Outstanding
|
$12.05
|
*Cost of Investments:
|
|
(a) Unaffiliated issuers
|
$1,127,897,419
|
(b) Total cost of foreign currency
|
$801,630
|
(c) Premium received from option contracts written
|
$12,039,630
|
|
|
NEXT
GENERATION
CONNECTIVITY
FUND INC.
|
|
For the Six
Months Ended
April 30,
2023
|
Investment Income:
|
|
Income (Note A):
|
|
Dividend income—unaffiliated issuers
|
$1,894,604
|
Interest and other income—unaffiliated issuers
|
1,449,300
|
Foreign taxes withheld
|
(97,405
)
|
Total income
|
$3,246,499
|
Expenses:
|
|
Investment management fees (Note B)
|
4,758,422
|
Administration fees (Note B)
|
1,190,841
|
Audit fees
|
30,698
|
Custodian and accounting fees
|
61,216
|
Insurance
|
14,421
|
Legal fees
|
67,329
|
Stockholder reports
|
58,074
|
Stock exchange listing fees
|
40,034
|
Stock transfer agent fees
|
7,932
|
Directors' fees and expenses
|
21,336
|
Interest
|
3,308
|
Miscellaneous and other fees
|
7,130
|
Total expenses
|
6,260,741
|
Net investment income/(loss)
|
$(3,014,242
)
|
Realized and Unrealized Gain/(Loss) on Investments (Note A):
|
|
Net realized gain/(loss) on:
|
|
Transactions in investment securities of unaffiliated issuers
|
(74,759,008
)
|
Settlement of foreign currency transactions
|
5,637
|
Expiration or closing of option contracts written
|
18,092,543
|
Change in net unrealized appreciation/(depreciation) in value of:
|
|
Investment securities of unaffiliated issuers
|
131,648,407
|
Foreign currency translations
|
39,012
|
Option contracts written
|
4,435,185
|
Net gain/(loss) on investments
|
79,461,776
|
Net increase/(decrease) in net assets applicable to Common Stockholders resulting from
operations
|
$76,447,534
|
|
Next Generation Connectivity
Fund Inc.
|
|
|
Six Months Ended
|
Fiscal Year Ended
|
|
April 30, 2023
(Unaudited)
|
October 31, 2022
|
Increase/(Decrease) in Net Assets Applicable to Common Stockholders:
|
|
|
From Operations (Note A):
|
|
|
Net investment income/(loss)
|
$(3,014,242
)
|
$(11,194,462
)
|
Net realized gain/(loss) on investments
|
(56,660,828
)
|
(147,310,300
)
|
Change in net unrealized appreciation/(depreciation) of investments
|
136,122,604
|
(475,003,538
)
|
Net increase/(decrease) in net assets applicable to Common Stockholders resulting from
operations
|
76,447,534
|
(633,508,300
)
|
Distributions to Common Stockholders From (Note A):
|
|
|
Distributable earnings
|
(47,256,898
)
|
—
|
Tax return of capital
|
—
|
(94,513,795
)
|
Total distributions to Common Stockholders
|
(47,256,898
)
|
(94,513,795
)
|
Net Increase/(Decrease) in Net Assets Applicable to Common Stockholders
|
29,190,636
|
(728,022,095
)
|
Net Assets Applicable to Common Stockholders:
|
|
|
Beginning of period
|
919,637,914
|
1,647,660,009
|
End of period
|
$948,828,550
|
$919,637,914
|
|
NEXT
GENERATION
CONNECTIVITY
FUND INC.
|
|
For the
Six Months Ended
April 30, 2023
|
Increase/(Decrease) in cash:
|
|
Cash flows from operating activities:
|
|
Net increase in net assets applicable to Common Stockholders resulting from operations
|
$76,447,534
|
Adjustments to reconcile net increase in net assets applicable to Common Stockholders
resulting from
operations to net cash provided by operating activities:
|
|
Changes in assets and liabilities:
|
|
Purchase of investment securities
|
(171,018,250
)
|
Proceeds from disposition of investment securities
|
234,908,271
|
Proceeds from options written, net
|
20,092,866
|
Purchase/sale of short-term investment securities, net
|
(25,808,803
)
|
Increase in dividends and interest receivable
|
(592,549
)
|
Decrease in prepaid expenses and other assets
|
30,525
|
Increase in receivable for securities sold
|
(222,063
)
|
Decrease in payable for securities purchased
|
(8,981,124
)
|
Increase in payable to investment manager
|
32,461
|
Decrease in payable to directors
|
(12,181
)
|
Increase in payable to administrator
|
7,684
|
Decrease in other accrued expenses and payables
|
(20,995
)
|
Unrealized appreciation on investment securities of unaffiliated issuers
|
(131,648,407
)
|
Unrealized appreciation on foreign currency translations
|
(39,012
)
|
Unrealized appreciation on options contracts written
|
(4,435,185
)
|
Net realized loss from transactions in investment securities of unaffiliated issuers
|
74,759,008
|
Net realized gain from settlement of foreign currency transactions
|
(5,637
)
|
Net realized gain from expiration or closing of option contracts written
|
(18,092,543
)
|
Net cash provided by (used in) operating activities
|
$45,401,600
|
Cash flows from financing activities:
|
|
Cash distributions paid on common stock
|
(47,378,176
)
|
Effect of exchange rate changes on cash
|
44,649
|
Net cash provided by (used in) financing activities
|
$(47,333,527
)
|
Net increase/(decrease) in cash
|
(1,931,927
)
|
Cash:
|
|
Cash and foreign currency at beginning of period
|
3,190,115
|
Cash and foreign currency at end of period
|
$1,258,188
|
Supplemental disclosure
|
|
Cash paid for interest
|
$3,308
|
|
April 30, 2023
|
October 31, 2022
|
Cash
|
$489,611
|
$2,462,003
|
Foreign Currency
|
768,577
|
728,112
|
Total cash and foreign currency as shown in the Statement of Cash Flows
|
$1,258,188
|
$3,190,115
|
|
Investment in
Blocker
|
Percentage of
Net Assets
|
|
$24,978,451
|
2.6
%
|
|
Paid-in Capital
|
Total Distributable
Earnings/(Losses)
|
|
$(3,466,869
)
|
$3,466,869
|
|
Distributions Paid From:
|
|||||||
|
Ordinary
Income
|
Long-Term Capital Gain
|
Return of Capital
|
Total
|
||||
|
2022
|
2021
|
2022
|
2021
|
2022
|
2021
|
2022
|
2021
|
|
$—
|
$1,581,211
(a)
|
$—
|
$—
(a)
|
$94,513,795
|
$29,923,387
(a)
|
$94,513,795
|
$31,504,598
(a)
|
|
|
|
|
|
|
|
|
|
(a)
|
Period from May 26, 2021 (Commencement of Operations) to October 31, 2021.
|
|
Undistributed
Ordinary
Income
|
Undistributed
Long-Term
Capital Gain
|
Unrealized
Appreciation/
(Depreciation)
|
Loss
Carryforwards
and Deferrals
|
Other
Temporary
Differences
|
Total
|
|
$—
|
$—
|
$(331,191,233
)
|
$(189,492,206
)
|
$(1,151,214
)
|
$(521,834,653
)
|
Capital Loss Carryforwards
|
|
Long-Term
|
Short-Term
|
$8,837,865
|
$172,239,989
|
Late-Year
Ordinary Loss
Deferral
|
Post October
Capital Loss
Deferral
|
$8,201,819
|
$—
|
|
Asset Derivatives
|
Liability Derivatives
|
||
|
Consolidated Statement of
Assets and Liabilities
Location
|
Value
|
Consolidated Statement of
Assets and Liabilities
Location
|
Value
|
Options written
|
|
|
|
|
Equity risk
|
—
|
$—
|
Option contracts written, at value
|
$(7,756,421
)
|
|
Net Realized Gain/
(Loss) on Derivatives(a)
|
|
Change in Net Unrealized
Appreciation/
(Depreciation) on
Derivatives(b)
|
Options written
|
|
|
|
Equity risk
|
$18,092,543
|
|
$4,435,185
|
(a)
|
Net realized gain/(loss) on derivatives is located in the Consolidated Statement of Operations
each under the
caption, "Net realized gain/(loss) on:"
|
Options written
|
Expiration or closing of option contracts written
|
(b)
|
Change in net unrealized appreciation/(depreciation) is located in the Consolidated Statement
of Operations
each under the caption, "Change in net unrealized appreciation/(depreciation) in value of:"
|
Options written
|
Option contracts written
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
Shares of Common Stock Outstanding
|
Shares of Common Stock Owned by Affiliated Persons
|
78,761,496
|
5,972
|
|
Six Months
Ended April 30,
|
Year Ended October 31,
|
Period from
May 26, 2021a
to October 31,
|
|
2023b
(Unaudited)
|
2022b
|
2021
|
Common Stock Net Asset Value, Beginning of Period
|
$11.68
|
$20.92
|
$20.00
|
Income/(Loss) From Investment Operations Applicable to
Common Stockholders:
|
|
|
|
Net Investment Income/(Loss)c
|
(0.04
)
|
(0.14
)
|
(0.07
)
|
Net Gains or (Losses) on Securities (both realized and unrealized)
|
1.01
|
(7.90
)
|
1.39
|
Total From Investment Operations Applicable to Common
Stockholders
|
0.97
|
(8.04
)
|
1.32
|
Less Distributions to Common Stockholders From:
|
|
|
|
Net Investment Income
|
(0.60
)
|
—
|
(0.02
)
|
Tax Return of Capital
|
—
|
(1.20
)
|
(0.38
)
|
Total Distributions to Common Stockholders
|
(0.60
)
|
(1.20
)
|
(0.40
)
|
Common Stock Net Asset Value, End of Period
|
$12.05
|
$11.68
|
$20.92
|
Common Stock Market Value, End of Period
|
$9.71
|
$9.62
|
$18.97
|
Total Return, Common Stock Net Asset Valued
|
9.55
%e
|
(38.45
)%
|
6.74
%e
|
Total Return, Common Stock Market Valued
|
7.18
%e
|
(44.09
)%
|
(3.21
)%e
|
Supplemental Data/Ratios
|
|
|
|
Net Assets Applicable to Common Stockholders, End of Period (in
millions)
|
$948.8
|
$919.6
|
$1,647.7
|
Ratios are Calculated Using Average Net Assets Applicable to
Common Stockholders
|
|
|
|
Ratio of Gross Expenses
|
1.32
%f
|
1.30
%
|
1.30
%f
|
Ratio of Net Expenses
|
1.32
%f
|
1.30
%
|
1.30
%f
|
Ratio of Net Investment Income/(Loss)
|
(0.63
)%f
|
(0.94
)%
|
(0.82
)%f
|
Portfolio Turnover Rate
|
21
%e
|
103
%
|
81
%e
|
|
a
|
The date investment operations commenced.
|
b
|
Consolidated financial highlights. See Note A in the Notes to Consolidated Financial
Statements.
|
c
|
Calculated based on the average number of shares of common stock outstanding during each
fiscal period.
|
d
|
Total return based on per share NAV reflects the effects of changes in NAV on the performance
of the Fund
during each fiscal period. Total return based on per share market value assumes the purchase
of shares of
common stock at the market price on the first day and sale of common stock at the market price
on the last
day of the period indicated. Distributions, if any, are assumed to be reinvested at prices
obtained under the
Fund's distribution reinvestment plan. Results represent past performance and do not indicate
future results.
Current returns may be lower or higher than the performance data quoted. Investment returns
will
fluctuate and shares of common stock, when sold, may be worth more or less than original cost.
|
e
|
Not annualized.
|
f
|
Annualized.
|
FACTS
|
WHAT DOES NEUBERGER BERMAN
DO WITH YOUR PERSONAL INFORMATION?
|
Why?
|
Financial companies choose how they share your personal information.
Federal law
gives consumers the right to limit some but not all sharing. Federal law
also requires
us to tell you how we collect, share, and protect your personal
information. Please
read this notice carefully to understand what we do.
|
What?
|
The types of personal information we collect and share depend on the
product or
service you have with us. This information can include:
◾ Social Security numbers, dates of birth and other numerical identifiers
◾ Names and addresses
◾ Driver’s licenses, passports and other identification documents
◾ Usernames and passwords
◾ Internet protocol addresses and other network activity information
◾ Income, credit history, credit scores, assets, transaction history and other
financial information
When you are no longer our customer, we continue to share
your information as
described in this notice.
|
How?
|
All financial companies need to share customers’ personal information to
run their
everyday business. In the section below, we list the reasons financial
companies can
share their customers’ personal information; the reasons Neuberger Berman
chooses to share; and whether you can limit this sharing.
|
Reasons we can share your personal information
|
Does Neuberger
Berman share?
|
Can you limit this sharing?
|
For our everyday business purposes—
such as to process your transactions, maintain your
account(s), respond to court orders and legal
investigations, or report to credit bureaus
|
Yes
|
No
|
For our marketing purposes—
to offer our products and services to you
|
Yes
|
No
|
For joint marketing with other financial
companies
|
No
|
We don’t share
|
For our affiliates’ everyday business purposes—
information about your transactions and
experiences
|
Yes
|
No
|
For our affiliates’ everyday business purposes—
information about your creditworthiness
|
No
|
We don’t share
|
For nonaffiliates to market to you
|
No
|
We don’t share
|
Questions?
|
Call 646.497.4003 or 866.483.1046 (toll-free)
Email NBPrivacyOfficer@nb.com
|
Who we are
|
|
Who is providing this notice?
|
Entities within the Neuberger Berman family of companies,
mutual funds, and private investment funds.
|
What we do
|
|
How does Neuberger Berman
protect my personal information?
|
To protect your personal information from unauthorized access
and use, we use security measures that comply with federal law.
These measures include physical, electronic and procedural
safeguards, including secured files and buildings.
We restrict access to customer information to those employees
who need to know such information in order to perform their job
responsibilities.
|
How does Neuberger Berman
collect my personal information?
|
We collect your personal information directly from you or your
representatives, for example, when you
◾ seek advice about your investments
◾ give us your contact or income information
◾ provide account information or open an account
◾ direct us to buy or sell securities, or complete other
transactions
◾ visit one of our websites, portals or other online locations
We may also collect your personal information from others, such
as credit bureaus, affiliates, or other companies.
|
Why can’t I limit all sharing?
|
Federal law gives you the right to limit only
◾ sharing for affiliates’ everyday business
purposes—information about your creditworthiness
◾ affiliates from using your information to market to you
◾ sharing for nonaffiliates to market to you
State laws and individual companies may give you additional
rights to limit sharing.
|
Definitions
|
|
Affiliates
|
Companies related by common ownership or control. They can
be financial and nonfinancial companies.
◾ Our affiliates include companies with a Neuberger Berman
name; financial companies, such as investment
advisers or
broker dealers; mutual funds, and private investment
funds.
|
Nonaffiliates
|
Companies not related by common ownership or control. They
can be financial and nonfinancial companies.
◾ Nonaffiliates we share with can include companies that
perform administrative services on our behalf (such
as
vendors that provide data processing, transaction
processing,
and printing services) or other companies such as
brokers,
dealers, or counterparties in connection with
servicing your
account.
|
Joint marketing
|
A formal agreement between nonaffiliated financial companies
that together market financial products or services to you.
◾ Neuberger Berman doesn’t jointly market.
|
(b) |
Not applicable to the Registrant.
|
(a)
|
The complete schedule of investments for the Registrant is disclosed in the Registrant’s semi-annual report, which is included in Item 1 of this Form N-CSR.
|
(b)
|
Not applicable to the Registrant.
|
(a)
|
Not applicable to semi-annual reports on Form N-CSR.
|
(b)
|
There have been no changes in any of the Portfolio Managers since the Registrant’s most recent annual report on Form N-CSR.
|
(a) |
Based on an evaluation of the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act) as of a date within 90 days of the filing date of this report, the Chief Executive
Officer and President and the Treasurer and Principal Financial and Accounting Officer of the Registrant have concluded that such disclosure controls and procedures are effectively designed to ensure that information required to be
disclosed by the Registrant on Form N-CSR is accumulated and communicated to the Registrant’s management to allow timely decisions regarding required disclosure.
|
(b) |
There were no significant changes in the Registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the period covered by this
report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
|
(a) |
The Fund did not engage in any securities lending activity during its most recent fiscal year.
|
(b) |
The Fund did not engage in any securities lending activity and no services were provided by the securities lending agent to the Fund during its most recent fiscal year.
|
(a)(1) |
A copy of the Code of Ethics is incorporated by reference to Neuberger Berman Real Estate Securities
Income Fund Inc.’s Form N-CSRS, Investment Company Act file number 811-21421 (filed June 26, 2023).
|
(a)(2) |
(a)(3) |
Not applicable to the Registrant.
|
(a)(4) |
Not applicable to the Registrant.
|
(b) |
By: |
/s/ Joseph V. Amato |
|
|
Joseph V. Amato |
|
|
Chief Executive Officer and President |
|
|
|
|
By: |
/s/ Joseph V. Amato |
|
|
Joseph V. Amato |
|
|
Chief Executive Officer and President |
|
|
|
|
By: |
/s/ John M. McGovern |
|
|
John M. McGovern |
|
|
Treasurer and Principal Financial |
|
|
and Accounting Officer |
|
By:
|
/s/ Joseph V. Amato |
|
Joseph V. Amato |
|
Chief Executive Officer and President |
By:
|
/s/ John M. McGovern |
|
John M. McGovern |
|
Treasurer and Principal Financial
and Accounting Officer
|
1. |
The Registrant’s periodic report on Form N-CSR for the period ended April 30, 2023, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15
U.S.C. Section 78m(a) or 78o(d)); and
|
2. |
The information contained in such Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.
|
By:
|
/s/ Joseph V. Amato |
|
Joseph V. Amato |
|
Chief Executive Officer and President |
By:
|
/s/ John M. McGovern |
|
John M. McGovern |
|
Treasurer and Principal Financial
and Accounting Officer
|
1 Year Neuberger Berman Next Ge... Chart |
1 Month Neuberger Berman Next Ge... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions