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 MLP and Energy Income Fund (NYSE American: NML) has declared a monthly distribution of $0.02266 per common stock share, payable on September 30, 2022. The record date for this distribution is September 15, 2022, with an ex-date of September 14, 2022. The Fund plans to make regular cash distributions based on its projected net rate of return, primarily funded by cash flows from investments. A portion of this distribution may be a non-taxable return of capital, impacting shareholders' tax liabilities and capital gains upon sale.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) has declared a monthly distribution of $0.0312 per share, payable on September 30, 2022. The record date is September 15, 2022, and the ex-date is September 14, 2022. The Fund follows a level distribution policy and expects to maintain this distribution amount pending market conditions. Future distributions may comprise net investment income, capital gains, or return of capital. The Fund's ability to sustain distributions depends on income stability, leverage costs, and other fees.
Neuberger Berman MLP and Energy Income Fund (NML) has announced a 10% increase in its monthly distribution rate, raising it to $0.02266 per share from the previous $0.0206. This new rate will be effective from August 31, 2022. The fund has now increased its distribution rate six times since June 2020, marking an overall increase of approximately 94% in monthly distributions. The annualized distribution per share is now $0.27192, yielding about 3.26% based on net asset value. The fund will continue to monitor market conditions to manage future distributions.
Neuberger Berman MLP and Energy Income Fund (NYSE American: NML) has declared a monthly distribution of $0.0206 per share, payable on July 29, 2022. The record date is July 15, 2022 and the ex-date is July 14, 2022. The Fund aims to make regular cash distributions based on its projected net rate of return, sourced from MLPs, dividends, and other investments, less operating expenses. Some distributions may represent a non-taxable return of capital, impacting shareholder basis. The Fund incurs federal income tax, which may lower available distributions.
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) declared a monthly distribution of $0.0312 per share, payable on July 29, 2022. The record date is July 15, 2022, and the ex-date is July 14, 2022. The Fund aims to maintain this distribution monthly, subject to market conditions. However, the ability to sustain these payments may fluctuate based on income stability, capital gains, leverage costs, and other fees. Future distributions may include net investment income, capital gains, and return of capital. Final tax characteristics will be determined post-2022.
Neuberger Berman MLP and Energy Income Fund (NYSE American: NML) has declared a distribution of $0.0206 per share, payable on June 30, 2022. The record date is June 15, 2022, with an ex-date of June 14, 2022. The Fund plans to make regular monthly distributions based on net returns from investments, funded by distributable cash flow. A portion of these distributions may be a non-taxable return of capital, affecting shareholders' investment basis. Investors should note the potential tax implications and risks associated with the Fund's performance.
Neuberger Berman MLP and Energy Income Fund (NYSE American: NML) has declared a monthly distribution of $0.0206 per share, payable on May 31, 2022. The record date is set for May 16, 2022, and the ex-date is May 13, 2022. The Fund aims to provide regular cash distributions based on its net rate of return from investments, funded primarily through distributable cash flow. A portion of these distributions may be classified as a non-taxable return of capital. Future distributions are subject to the Fund's financial performance and may vary.
Neuberger Berman MLP and Energy Income Fund (NML) has increased its monthly distribution rate to $0.0206 per share from $0.0179, reflecting a 15% increase. The new distribution, effective April 29, 2022, will have a record date of April 18, 2022. This adjustment raises the annualized distribution to approximately $0.2472, resulting in a distribution rate of 3.30% based on net asset value. The Fund’s monthly distribution has surged by about 76% since June 2020, driven by distributable cash flow from investments and recent increases in distributions from its holdings.
Neuberger Berman MLP and Energy Income Fund (NML) declared a $0.0179 per share distribution, payable on March 31, 2022, with a record date of March 15, 2022 and an ex-date of March 14, 2022. The Fund aims to make regular monthly cash distributions, based on its net rate of return. Distributions may include non-taxable returns of capital, which reduce shareholders' investment basis. The Fund is subject to federal income tax, which may lower distributions compared to direct MLP investments. Risks include market declines and economic downturns that may affect performance.
Neuberger Berman MLP and Energy Income Fund (NYSE American: NML) announced an increase in its monthly distribution from $0.0163 to $0.0179 per share, a rise of approximately 10%. The next distribution is set for February 28, 2022, with a record date of February 15, 2022. The new distribution results in an annualized amount of $0.2148, showing a distribution rate of 3.06% relative to net asset value. Although the Fund aims for regular cash distributions, there’s a possibility that portions might be classified as a non-taxable return of capital.
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