Scott D. Hogan
About Scott D. Hogan
Scott D. Hogan (year of birth: 1970) serves as Chief Compliance Officer of NBXG, appointed in May 2025; he is a Senior Vice President at Neuberger Berman Investment Advisers (NBIA) and CCO across 28 registered investment companies advised/administrated by NBIA . He previously was Director at DWS Investment Management Americas, Inc. (DIMA) and Chief Compliance Officer to the registered investment companies for which DIMA acted as investment manager/administrator (2016–2025), and Legal Counsel at DIMA (2007–2016) . Officers are appointed by the Directors, serve at the pleasure of the Board, and may be removed at any time with or without cause . The proxy does not disclose Hogan’s education or performance metrics (e.g., TSR), and officers who are NBIA employees receive no compensation from the Fund (compensation is not reported by NBXG) .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Neuberger Berman Investment Advisers (NBIA) / NBXG | Chief Compliance Officer; Senior Vice President | Since May 2025 | Fund-level and complex-wide compliance leadership across 28 registered investment companies |
| DWS Investment Management Americas, Inc. (DIMA) | Director; Chief Compliance Officer to DIMA-advised registered investment companies | 2016–2025 | Led compliance programs for DIMA-advised funds |
| DWS Investment Management Americas, Inc. (DIMA) | Legal Counsel | 2007–2016 | Provided legal support to investment company compliance and governance |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Other NBIA-advised registered investment companies (outside NBXG) | Chief Compliance Officer | Since May 2025 | Harmonized compliance oversight across 28 registered investment companies within the complex |
Fixed Compensation
Officers and Directors who are employees of NBIA or affiliates serve as officers/directors without any compensation from the Funds; NBXG does not report officer salary/bonus/equity paid by NBIA .
| Component | Disclosure at NBXG | Notes |
|---|---|---|
| Base Salary | Not disclosed by NBXG | Compensation, if any, is paid by NBIA, not the Fund |
| Target/Actual Bonus | Not disclosed by NBXG | Same as above |
| Equity/Option Awards | Not disclosed by NBXG | Fund does not grant/pay officer compensation |
| Perquisites/Benefits | Not disclosed by NBXG | Not reported by the Fund |
Performance Compensation
No performance-based compensation disclosures for officers; NBXG states officers employed by NBIA receive no compensation from the Fund .
Equity Ownership & Alignment
| Item | Disclosure | As of | Source |
|---|---|---|---|
| Aggregate insider (Directors and officers) ownership | Less than 1% of each class of NBXG outstanding shares | May 31, 2025 | |
| Principal Executive Officer and Principal Financial Officer NBXG share ownership | Own no Fund shares | May 31, 2025 |
Director-by-director dollar ranges are disclosed; officer-by-officer ownership (including Hogan) is not broken out in the proxy .
Employment Terms
| Term | Details | Source |
|---|---|---|
| Appointment | Chief Compliance Officer since May 2025 | |
| Role Scope | Senior Vice President, NBIA; CCO for 28 registered investment companies advised/administered by NBIA | |
| Term/Removal | Officers are appointed by Directors, serve at the pleasure of the Board, and may be removed at any time with or without cause; hold office until successor is elected/qualified or earlier death/inability/resignation | |
| Business Address | 1290 Avenue of the Americas, New York, NY 10104 (for listed officers) |
The proxy includes Section 16(a) reporting context and notes filing compliance for the fiscal year ended October 31, 2024, reinforcing insider reporting expectations for officers and directors .
Investment Implications
- Pay-for-performance visibility is low: NBXG does not disclose officer compensation because officers employed by NBIA are not compensated by the Fund, limiting assessment of salary/bonus/equity alignment to fund performance .
- Ownership alignment signals are weak at the Fund level: aggregate directors/officers ownership is under 1%, and PEO/PFO own none of the Fund’s shares, implying limited direct economic exposure via NBXG shares; officer-level (Hogan) ownership is not disclosed .
- Retention/contract risk appears modest at the Fund level: officers serve at the pleasure of the Board with at-will removal; absence of disclosed severance/change-of-control terms at NBXG suggests flexibility for the Board rather than guaranteed protections at the Fund level (compensation/terms governed by NBIA) .
- Trading signal visibility is constrained: while Section 16 reporting applies, the proxy indicates timely filings in FY 2024; absent officer-level holdings disclosure, monitoring would rely on Form 4s rather than proxy data .
- Governance environment: concentrated holders such as Saba Capital (9.69% of common, 7,632,065 shares) and Karpus (4.77%, 3,757,086 shares) may influence governance expectations, elevating the importance of a robust compliance function overseen by Hogan .