NEUBERGER BERMAN ENERGY INFRASTRUCTURE AND INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) declared a monthly distribution of $0.0584 per common share payable on December 31, 2025 with record and ex-date of December 15, 2025.

The Fund intends to make regular monthly cash distributions at a fixed per-share rate determined from projected net returns and other factors, paid from distributable cash flow (MLP cash/PIK, dividends, interest) net of expenses, leverage costs and taxes. The Fund expects a portion of distributions may be a non-taxable return of capital, which reduces shareholder tax basis. Final tax characterization for 2025 will be determined after year-end.

Positive

• $0.0584 distribution declared per share
• Payable on December 31, 2025 with Dec 15, 2025 record/ex-date
• Fund intends regular monthly cash distributions at a fixed per-share rate

Negative

• Portion of distribution expected as return of capital, reducing shareholder basis
• No assurance distributions will match amount or be solely earnings
• Fund pays federal taxes, likely reducing distributions versus direct MLP investment

News Market Reaction

-0.11%

1 alert

-0.11% News Effect

On the day this news was published, NML declined 0.11%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Monthly distribution: $0.0584 per share Payable date: December 31, 2025 Record & ex-date: December 15, 2025 +5 more

8 metrics

Monthly distribution $0.0584 per share Declared for payment on December 31, 2025

Payable date December 31, 2025 Distribution payment date

Record & ex-date December 15, 2025 Record date and ex-date for distribution

Current price $8.60 Price before the Nov 28, 2025 announcement

52-week range $7.10 – $9.51 Pre-announcement 52-week low and high

Insider purchase 40,000 shares Bought on Nov 17, 2025 by Douglas A. Rachlin

Purchase price $8.5485 per share Average price for 40,000-share insider buy

Insider ownership 418,817 direct, 150,000 indirect shares Post-purchase holdings reported in Form 4

Market Reality Check

Price: $8.58 Vol: Volume 155,534 is below t...

normal vol

$8.58 Last Close

Volume Volume 155,534 is below the 20-day average of 181,997 ahead of this announcement. normal

Technical Price at $8.60 is trading slightly above the 200-day MA of $8.58 and 9.57% below the 52-week high.

Peers on Argus

NML was down 0.79% while peers showed mixed moves: DPG (-0.4%), FTHY (-0.57%), T...

NML was down 0.79% while peers showed mixed moves: DPG (-0.4%), FTHY (-0.57%), THW (+0.47%), VCV (+1.47%), VVR (+0.31%). This points to stock-specific trading rather than a broad sector move.

Historical Context

5 past events · Latest: Nov 28 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 28	Monthly distribution	Neutral	-0.1%	Announced $0.0584 monthly distribution payable Dec 31, 2025.
Oct 31	Monthly distribution	Neutral	+0.6%	Declared $0.0584 monthly distribution payable Nov 28, 2025.
Sep 30	Monthly distribution	Neutral	+0.0%	Declared $0.0584 monthly distribution payable Oct 31, 2025.
Aug 29	Monthly distribution	Neutral	-0.1%	Declared $0.0584 monthly distribution payable Sep 30, 2025.
Jul 31	Monthly distribution	Neutral	-0.9%	Declared $0.0584 monthly distribution payable Aug 29, 2025.

Pattern Detected

Repeated monthly distribution declarations at $0.0584 per share have historically led to minimal price moves, suggesting these announcements are well-anticipated by the market.

Recent Company History

Over the last five months, NML has consistently declared a monthly distribution of $0.0584 per share, with pay dates at month-end and mid-month record/ex-dates. Price reactions around these announcements have been modest, ranging from a 0.91% decline to a 0.61% gain, indicating the market largely priced in this policy. The fund has repeatedly highlighted funding distributions from distributable cash flow and noted that portions may be treated as non-taxable return of capital.

Market Pulse Summary

This announcement detailed NML’s regular monthly distribution of $0.0584 per share, payable on Decem...

Analysis

This announcement detailed NML’s regular monthly distribution of $0.0584 per share, payable on December 31, 2025, with a record and ex-date of December 15, 2025. The fund reiterated that payments are drawn from distributable cash flow and that a portion may be treated as non-taxable return of capital, affecting shareholder tax basis. Investors may watch future distribution notices, Section 19 disclosures, and year-end tax characterizations for 2025 to understand ongoing income quality.

Key Terms

master limited partnerships, paid-in-kind, return of capital, ex-date, +1 more

5 terms

master limited partnerships financial

"distributable cash flow, which generally consists of (1) cash and paid-in-kind distributions from master limited partnerships"

Master limited partnerships are businesses that combine the tax advantages of a partnership with shares that trade on public markets, letting everyday investors buy units and collect regular cash distributions. They often operate in industries with steady, fee-like revenue (for example pipelines), so they can act like owning a rental that pays you income; investors care because MLPs are mainly used for predictable cash returns but can be sensitive to commodity prices and interest rates.

paid-in-kind financial

"consists of (1) cash and paid-in-kind distributions from master limited partnerships"

Paid-in-kind describes an arrangement where a borrower pays interest or returns not with cash but by issuing more of the same security (extra bonds or shares) or by increasing the loan balance. For investors this matters because it conserves the issuer’s cash but can dilute ownership or increase debt over time, changing expected cash payments, risk and the real value of an investment much like being paid with an IOU instead of cash.

return of capital financial

"A "return of capital" is a distribution by the Fund which represents a return of a common stockholder's original investment"

Return of capital is when an investor receives money from their investment that is not considered profit or earnings but rather a portion of the original amount they invested. It’s similar to getting back part of your initial savings rather than gains from it. This matters because it can affect how much money an investor still has in the investment and may have tax implications.

ex-date financial

"has a record date of December 15, 2025, and has an ex-date of December 15, 2025"

The ex-date is the specific day when a stock stops trading with the right to receive an upcoming dividend or other benefit. If you buy the stock on or after this date, you won't get the upcoming payout; instead, the seller will. It’s like a cut-off point that determines who is entitled to receive the benefits of a company’s distribution to shareholders.

Investment Company Act of 1940 regulatory

"In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided"

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

AI-generated analysis. Not financial advice.

NEW YORK, Nov. 28, 2025 /PRNewswire/ -- Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) (the "Fund") has announced a distribution declaration of $0.0584 per share of common stock. The distribution announced today is payable on December 31, 2025, has a record date of December 15, 2025, and has an ex-date of December 15, 2025.

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 2025 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 2,900 employees in 26 countries. The firm manages $558 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm has been named the #1 Best Place to Work in Money Management by Pensions & Investments and has placed #1 or #2 for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of September 30, 2025.

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

FAQ

What distribution did NML announce for December 2025 and when is it payable?

NML declared a $0.0584 per share distribution payable on December 31, 2025 with record/ex-date December 15, 2025.

Will NML continue paying monthly distributions after December 2025?

The Fund currently intends to make regular monthly cash distributions at a fixed per-share rate subject to ongoing review and adjustment.

Is NML's December 2025 distribution taxable as income or return of capital?

The Fund expects a portion may be a non-taxable return of capital; final tax characterization for 2025 will be determined after year-end.

What is NML's record date and ex-date for the December 2025 distribution?

Both the record date and ex-date are December 15, 2025.

Why might NML distributions be lower than investing directly in MLPs?

The Fund is subject to federal income tax; taxes paid by the Fund reduce cash available for distributions compared with direct MLP ownership.