NEUBERGER BERMAN ENERGY INFRASTRUCTURE AND INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION
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.
Il Neuberger Berman Energy Infrastructure and Income Fund ha dichiarato una distribuzione mensile di $0.0584 per azione di azioni ordinarie, pagabile il 29 novembre 2024, con una data di registrazione e di stacco fissata al 15 novembre 2024. Il Fondo mira a effettuare regolari distribuzioni mensili dal suo flusso di cassa disponibile, che include distribuzioni MLP, dividendi e reddito da interessi, al netto delle spese operative. Una parte delle distribuzioni è prevista per costituire un rimborso di capitale non tassabile, il che potrebbe influenzare la base fiscale degli azionisti. Il Fondo è soggetto a tassazione federale sul reddito, il che potrebbe portare a distribuzioni inferiori rispetto agli investimenti diretti in MLP.
El Neuberger Berman Energy Infrastructure and Income Fund ha declarado una distribución mensual de $0.0584 por acción de acciones comunes, que se pagará el 29 de noviembre de 2024, con una fecha de registro y ex-fecha del 15 de noviembre de 2024. El Fondo tiene como objetivo realizar distribuciones mensuales regulares a partir de su flujo de caja distribuible, que incluye distribuciones de MLP, dividendos e ingresos por intereses, menos los gastos operativos. Se espera que una parte de las distribuciones constituya un reembolso de capital no gravable, lo que podría afectar la base imponible de los accionistas. El Fondo está sujeto a impuestos federales sobre la renta, lo que podría resultar en distribuciones más bajas en comparación con las inversiones directas en MLP.
Neuberger Berman 에너지 인프라 및 소득 펀드는 주당 $0.0584의 월 배당금을 발표했으며, 이는 2024년 11월 29일에 지급될 예정입니다. 기록일 및 배당락일은 2024년 11월 15일입니다. 본 펀드는 운영 비용을 제외한 MLP 배당금, 배당 및 이자 소득을 포함한 배당 가능한 현금 흐름에서 정기적인 월 배당금을 지급하는 것을 목표로 하고 있습니다. 배당금의 일부는 비과세 자본 환급으로 구성될 것으로 예상됩니다, 이는 주주들의 세금 기준에 영향을 미칠 수 있습니다. 본 펀드는 연방 소득세의 적용을 받으며, 이는 MLP 직접 투자에 비해 더 낮은 배당금으로 이어질 수 있습니다.
Le Neuberger Berman Energy Infrastructure and Income Fund a déclaré une distribution mensuelle de 0,0584 $ par action d'actions ordinaires, payable le 29 novembre 2024, avec une date d'enregistrement et de détachement au 15 novembre 2024. Le Fonds vise à effectuer des distributions mensuelles régulières à partir de son flux de trésorerie disponible, qui comprend des distributions MLP, des dividendes et des revenus d'intérêts, moins les frais d'exploitation. Une partie des distributions devrait constituer un remboursement de capital non imposable, ce qui pourrait affecter la base fiscale des actionnaires. Le Fonds est soumis à l'impôt fédéral sur le revenu, ce qui pourrait entraîner des distributions plus faibles par rapport aux investissements directs en MLP.
Der Neuberger Berman Energy Infrastructure and Income Fund hat eine monatliche Ausschüttung von $0.0584 pro Aktie der Stammaktien erklärt, die am 29. November 2024 ausgezahlt wird, mit einem Stichtag und Ex-Tag am 15. November 2024. Der Fonds zielt darauf ab, regelmäßige monatliche Ausschüttungen aus seinem ausschüttbaren cash flow vorzunehmen, der MLP-Ausschüttungen, Dividenden und Zinserträge abzüglich der Betriebskosten umfasst. Ein Teil der Ausschüttungen wird voraussichtlich als nicht steuerpflichtige Rückzahlung von Kapital angesehen, was die Steuerbasis der Aktionäre beeinflussen könnte. Der Fonds unterliegt der Bundesbesteuerung auf Einkommen, was zu niedrigeren Ausschüttungen im Vergleich zu direkten MLP-Investitionen führen kann.
- Regular monthly distribution maintained at $0.0584 per share
- Fund's tax structure may result in lower distributions compared to direct MLP investments
- Return of capital distributions reduce stockholders' cost basis, potentially increasing future capital gains tax liability
Insights
The monthly distribution announcement of
Key considerations include the fund's tax treatment and return of capital components, which are standard features of MLP-focused funds. The distribution policy remains consistent with previous practices, maintaining the fund's income-generating objective for investors seeking exposure to energy infrastructure investments.
The Fund currently intends to make regular monthly cash distributions to holders of its common stock at a fixed rate per share, to be determined based on the projected net rate of return of the Fund's investments as well as other factors, subject to ongoing review and adjustment from time to time. The Fund currently intends to pay its regular monthly distributions out of its distributable cash flow, which generally consists of (1) cash and paid-in-kind distributions from master limited partnerships ("MLPs") or their affiliates, dividends from common stocks, interest from debt instruments and income from other investments held by the Fund less (2) current or accrued operating expenses, including leverage costs, if any, and taxes on its taxable income.
The Fund expects that a portion of its distributions to stockholders will constitute a non-taxable return of capital. A "return of capital" is a distribution by the Fund which represents a return of a common stockholder's original investment, and should not be confused with a dividend. To the extent the Fund pays a return of capital, a common stockholder's basis in Fund shares will be reduced, which will increase a capital gain or reduce a capital loss upon sale of those shares. There is no assurance that the Fund will always be able to pay a distribution of any particular amount, or that a distribution will consist solely of the Fund's current and accumulated earnings and profits.
In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2024 will be made after the end of the year.
The Fund is subject to federal income tax on its taxable income, unlike most investment companies. Any taxes paid by the Fund will reduce the amount available to pay distributions to stockholders, and therefore investors in the Fund will likely receive lower distributions than if they invested directly in MLPs.
About Neuberger Berman
Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman
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