NEUBERGER BERMAN ENERGY INFRASTRUCTURE AND INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) has declared a monthly distribution of $0.0584 per share of common stock, payable on June 30, 2025, with a record and ex-date of June 16, 2025. The Fund aims to maintain regular monthly cash distributions based on projected returns and other factors. Distributions are funded through cash flow from MLP distributions, stock dividends, debt instrument interest, and other investments, minus operating expenses and leverage costs. The Fund notes that a portion of distributions may constitute non-taxable return of capital, and unlike most investment companies, it is subject to federal income tax which reduces available distribution amounts.

Positive

• Regular monthly distribution commitment provides steady income for shareholders
• Diversified income sources including MLPs, stocks, and debt instruments
• Transparent distribution policy with clear explanation of income sources

Negative

• Fund is subject to federal income tax, reducing available distribution amounts
• Portion of distributions may represent return of capital, potentially reducing stockholder's investment basis
• No assurance of maintaining distribution amounts or consisting solely of earnings and profits

News Market Reaction

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+0.47% News Effect

On the day this news was published, NML gained 0.47%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, May 30, 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 June 30, 2025, has a record date of June 16, 2025, and has an ex-date of June 16, 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 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman's investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 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 is the monthly distribution amount for Neuberger Berman Energy Infrastructure Fund (NML) announced for June 2025?

The Fund announced a distribution of $0.0584 per share of common stock, payable on June 30, 2025.

When is the record date for NML's June 2025 distribution?

The record date for the distribution is June 16, 2025, which is also the ex-date.

What are the main sources of NML's distribution payments?

The Fund's distributions come from MLP distributions, common stock dividends, interest from debt instruments, and other investment income, minus operating expenses and leverage costs.

How does federal taxation affect NML's distributions compared to other investment companies?

Unlike most investment companies, NML is subject to federal income tax, which reduces the amount available for shareholder distributions.

What is the tax treatment of NML's distributions to shareholders?

A portion of the distributions may constitute non-taxable return of capital, which reduces a shareholder's cost basis in the Fund's shares.