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 share, payable November 28, 2025 with record and ex-date of November 17, 2025.
The Fund said it currently intends to make regular monthly cash distributions at a fixed per-share rate determined by projected net return and other factors, funded from distributable cash flow (cash/PIK from MLPs, dividends, interest) less expenses, leverage costs and taxes.
The Fund expects a portion of distributions may be a non-taxable return of capital; final tax characterizations for 2025 will be determined after year-end. The Fund is subject to federal income tax, which may reduce amounts available for distributions.
Positive
- $0.0584 per-share distribution declared
- Payment date set for November 28, 2025
- Fund intends regular monthly cash distributions at a fixed per-share rate
- Distributions expected funded from distributable cash flow sources
Negative
- No assurance distribution amount or pattern will continue
- Fund subject to federal income tax, reducing distributable cash
- Portion of distributions expected as return of capital, reducing cost basis
News Market Reaction 1 Alert
On the day this news was published, NML gained 0.61%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
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
How much did NML declare for the November 2025 distribution?
When is NML's November 2025 distribution payable and what are the record/ex-dates?
Will NML continue making monthly distributions at the same rate?
What is the stated source of NML's distributions for 2025?
Will NML's November 2025 distribution be taxable?
How does NML's federal tax status affect shareholder distributions?
