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: NML) declared a monthly distribution of $0.0148 per share, payable on May 28, 2021. The record date is May 17, 2021, with an ex-date of May 14, 2021. The Fund will review its distribution rate amid changes in the MLP and energy markets, intending to make regular cash distributions based on projected returns. Some distributions may be a non-taxable return of capital, affecting shareholders' basis and capital gains. The Fund is subject to federal income tax, which may lower distributions compared to direct MLP investments.
Neuberger Berman MLP and Energy Income Fund (NYSE American: NML) announced an amendment to its revolving credit facility, increasing the total commitment from $50 million to $75 million. The changes include a reduction in the commitment fee and spread-component of the interest rate, as well as an extension of the facility's duration. Additionally, the fund declared a monthly distribution of $0.0148 per share, payable on April 30, 2021. The fund's distribution strategy will be reviewed regularly based on market conditions and projected returns.
Neuberger Berman MLP and Energy Income Fund (NYSE American: NML) has declared a monthly distribution of $0.0148 per share, payable on March 31, 2021. The record date is March 15, 2021, and the ex-date is March 12, 2021. The Fund aims to maintain regular monthly distributions, evaluated based on the net rate of return of its investments. A portion of the distributions may be classified as a non-taxable return of capital, affecting shareholders' investment bases. The Fund is subject to federal income tax, potentially resulting in lower distributions compared to direct MLP investments.
Neuberger Berman MLP and Energy Income Fund (NML) has increased its monthly distribution rate to $0.0148 per share, up from $0.01345, reflecting a 10% rise. The upcoming distribution, payable on February 26, 2021, will have a record date of February 16, 2021 and an ex-date of February 12, 2021. This adjustment yields an annualized rate of $0.1776, translating to approximately 3.68% of net asset value. The Fund will continue to monitor market conditions and the stability of its distribution moving forward.
Neuberger Berman MLP and Energy Income Fund (NYSE American: NML) has declared a monthly distribution of $0.01345 per share, payable on January 29, 2021, with a record date of January 15, 2021 and an ex-date of January 14, 2021. The Fund plans to assess its distribution rate due to ongoing market volatility affecting MLPs and energy sectors. While it aims to maintain regular distributions, a portion may be classified as a non-taxable return of capital, which could impact investors’ tax positions. The Fund is also subject to federal taxes, potentially lowering distributions for shareholders.
Neuberger Berman MLP and Energy Income Fund (NML) has declared a monthly distribution of $0.01345 per share, payable on December 31, 2020. The record date for this distribution is December 15, 2020, with an ex-date of December 14, 2020. Due to recent market volatility affecting MLPs, the Fund will review its distribution rates regularly. It intends to pay distributions from its cash flow, which could include non-taxable returns of capital, thereby impacting shareholders' bases.
Neuberger Berman MLP and Energy Income Fund (NYSE American: NML) declared a monthly distribution of $0.01345 per share, payable on November 30, 2020, with a record date of November 16, 2020 and an ex-date of November 13, 2020. The Fund continues to assess its distribution rate due to market volatility and the performance of master limited partnerships (MLPs) and energy companies. It plans to distribute cash based on projected net returns, subject to regular review. Distributions may include non-taxable returns of capital, potentially affecting shareholder investments.
Neuberger Berman MLP and Energy Income Fund (NML) has declared a monthly distribution of $0.01345 per common share, payable on October 30, 2020. The record date is set for October 15, 2020, and the ex-date is October 14, 2020. Due to recent market volatility affecting MLPs and energy firms, NML will continually assess its distribution rate based on projected net returns and other factors. It is important to note that some distributions may constitute a non-taxable return of capital, impacting shareholders' tax positions on future sales.
Neuberger Berman MLP and Energy Income Fund (NML) declared a monthly distribution of $0.01345 per share, payable on September 30, 2020, with a record date of September 15, 2020. The Fund emphasizes an ongoing review of its distribution rate amidst market volatility affecting MLPs and energy companies. A portion of the distributions may be classified as a non-taxable return of capital, impacting stockholders' basis. Investors may receive lower distributions due to the Fund's tax obligations compared to direct MLP investments.
Neuberger Berman MLP and Energy Income Fund (NYSE American: NML) declared a monthly distribution of $0.01345 per common share, payable on August 31, 2020. The record date is August 17, 2020, and the ex-date is August 14, 2020. Due to market volatility affecting MLPs and energy firms, the Fund will assess its distribution stability moving forward. Distributions may include non-taxable return of capital, impacting shareholders' investment basis. The Fund is subject to federal income tax, reducing potential payouts compared to direct MLP investments.
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