Welcome to our dedicated page for Neuberger Berman Energy Infrastructure and Income Fund news (Ticker: NML), a resource for investors and traders seeking the latest updates and insights on Neuberger Berman Energy Infrastructure and Income Fund stock.
Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) is a closed-end investment management company based in the United States. The Fund focuses on creating a diverse portfolio of investments primarily in energy infrastructure companies, including master limited partnerships (MLPs) and other entities engaged in the energy sector.
Founded by Neuberger Berman in 1939, the firm prides itself on a philosophy of active management and fundamental research. Neuberger Berman is an independent, employee-owned investment manager with a wide range of strategies across various asset classes such as equity, fixed income, quantitative, private equity, real estate, and hedge funds. The firm has received accolades for its commitment to environmental, social, and governance (ESG) practices, being named a PRI Leader by UNPRI, a distinction awarded to fewer than 1% of investment firms globally.
The Fund has a structured approach to providing regular monthly cash distributions to its stockholders. As of recent announcements, the Fund declared a distribution of $0.0584 per share of common stock, with payments scheduled monthly. These distributions are based on the Fund's projected net rate of return, determined by cash and paid-in-kind distributions from MLPs, dividends from common stocks, interest from debt instruments, and other income, minus operating expenses.
In certain instances, a portion of the Fund's distribution may be considered a non-taxable return of capital, which reduces the stockholder's basis in Fund shares, influencing future capital gains or losses upon sale. These distributions are thoroughly reviewed and adjusted periodically.
Neuberger Berman is not just about investment; it's about engaged ownership. With over 2,800 professionals across 26 countries, the firm manages $474 billion in client assets as of March 31, 2024. Their dedication to active management and in-depth research has positioned them as a leader in the investment management space, recognized by Pensions & Investments as one of the Best Places to Work in Money Management for multiple consecutive years.
Recent Highlights:
- Nov. 30, 2023: Announced a distribution declaration of $0.0584 per share of common stock, payable on December 29, 2023.
- Dec. 29, 2023: Declared distribution of $0.0584 per share, payable on January 31, 2024.
- Jan. 31, 2024: Announced a distribution declaration of $0.0584 per share, payable on February 29, 2024.
- Feb. 29, 2024: Declared distribution of $0.0584 per share, payable on March 28, 2024.
- March 28, 2024: Distribution declaration of $0.0584 per share, payable on April 30, 2024.
- April 30, 2024: Announced distribution of $0.0584 per share, payable on May 31, 2024.
- May 31, 2024: Declared distribution of $0.0584 per share, payable on June 28, 2024.
Contact Neuberger Berman Investment Advisers LLC for further investor information at (877) 461-1899.
Neuberger Berman Energy Infrastructure and Income Fund has declared a monthly distribution of $0.0584 per share of common stock, payable on November 29, 2024, with a record and ex-date of November 15, 2024. The Fund aims to make regular monthly distributions from its distributable cash flow, which includes MLP distributions, dividends, and interest income, less operating expenses. A portion of distributions is expected to constitute non-taxable return of capital, which may affect stockholders' tax basis. The Fund is subject to federal income tax, potentially resulting in lower distributions compared to direct MLP investments.
Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) has declared a monthly distribution of $0.0584 per share of common stock. The distribution is payable on October 31, 2024, with a record date and ex-date of October 15, 2024.
The Fund aims to make regular monthly cash distributions at a fixed rate, determined by factors including projected net return on investments. Distributions are expected to come from distributable cash flow, which includes MLP distributions, dividends, interest, and other income, less operating expenses and taxes.
A portion of the distributions may constitute a non-taxable return of capital, potentially reducing stockholders' cost basis. The Fund is subject to federal income tax, which may result in lower distributions compared to direct MLP investments.
Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) has declared a monthly distribution of $0.0584 per share of common stock. The distribution is payable on September 30, 2024, with a record date and ex-date of September 16, 2024. The Fund aims to make regular monthly cash distributions based on projected net returns and other factors, subject to ongoing review.
Distributions are expected to come from distributable cash flow, including MLP distributions, dividends, and interest, less operating expenses and taxes. A portion of distributions may constitute a non-taxable return of capital. The Fund is subject to federal income tax, which may reduce the amount available for distributions compared to direct MLP investments.
Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) has declared a monthly distribution of $0.0584 per share of common stock. The distribution is payable on August 30, 2024, with a record date and ex-date of August 15, 2024. The Fund aims to make regular monthly cash distributions based on projected net returns and other factors, subject to ongoing review.
Distributions are expected to come from distributable cash flow, including MLP distributions, dividends, interest, and other investments, less operating expenses and taxes. A portion of distributions may constitute a non-taxable return of capital. The Fund is subject to federal income tax, which may reduce the amount available for distributions compared to direct MLP investments.
Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) declared a monthly distribution of $0.0584 per share, payable on July 31, 2024, with a record date of July 15, 2024. The Fund aims to provide regular monthly cash distributions based on projected net return rates and other factors, subject to periodic review. The distributions are expected to be paid primarily out of distributable cash flows, including cash and paid-in-kind distributions from MLPs, dividends, interest, and other income, minus operating expenses and taxes. A portion of these distributions may constitute a non-taxable return of capital, which adjusts the stockholder's investment basis, impacting capital gains or losses upon the sale of shares. The Fund is subject to federal income tax on its taxable income, which may lower distributions compared to direct MLP investments. Final tax characteristics of distributions will be determined after the year-end.
Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) declared a monthly distribution of $0.0584 per share, payable on June 28, 2024, with a record date of June 17, 2024. The Fund aims to make regular monthly cash distributions based on its net rate of return and other factors. These distributions will be derived from MLPs, dividends, interest from debt instruments, and other investments, minus operating expenses and taxes. A portion may constitute a non-taxable return of capital, affecting stockholder's basis in shares and potential capital gains or losses upon sale. There is no guarantee on the amount or nature of future distributions. The Fund is subject to federal income tax, reducing distributions compared to direct MLP investments.
Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) has declared a monthly distribution of $0.0584 per share of common stock, payable on May 31, 2024. The Fund intends to make regular monthly cash distributions based on the net rate of return of its investments. A portion of the distributions may be a non-taxable return of capital. Investors should be aware of the tax implications and the Fund's unique tax structure.
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