NEUBERGER ENERGY INFRASTRUCTURE AND INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION

Rhea-AI Summary

Neuberger Energy Infrastructure and Income Fund (NYSE American: NML) declared a monthly distribution of $0.0584 per share, payable February 27, 2026, with record and ex-dates of February 17, 2026.

The Fund intends regular monthly fixed-rate distributions funded from distributable cash flow, expects a portion may be treated as a non-taxable return of capital, and is subject to federal income tax which may reduce distributable amounts.

Positive

• Declared distribution of $0.0584 per share
• Payable date set for February 27, 2026
• Fund intends regular monthly fixed-rate distributions

Negative

• Portion expected as return of capital, which reduces investor basis
• Fund is subject to federal income tax, lowering distributable cash available
• No assurance distributions will continue at any specific amount

Key Figures

Monthly distribution: $0.0584 per share Payable date: February 27, 2026 Record & ex-date: February 17, 2026 +5 more

8 metrics

Monthly distribution $0.0584 per share Declared regular monthly cash distribution

Payable date February 27, 2026 Payment date for declared distribution

Record & ex-date February 17, 2026 Record and ex-dividend date for distribution

Current price $9.39 Pre-news trading price for NML

52-week high $9.39 Current 52-week high level

52-week low $7.10 Lowest price in last 52 weeks

200-day MA $8.57 200-day moving average before this news

Tax year 2026 distributions Final tax source determination after year-end 2026

Market Reality Check

Price: $9.39 Vol: Volume 182,450 is below t...

normal vol

$9.39 Last Close

Volume Volume 182,450 is below the 20-day average of 208,776, suggesting no unusual trading ahead of this distribution update. normal

Technical Shares at $9.39 are trading above the 200-day MA of $8.57 and at the 52-week high.

Peers on Argus

NML gained 1.51% while key closed-end fund peers like DPG, FTHY, THW, VCV and VV...

NML gained 1.51% while key closed-end fund peers like DPG, FTHY, THW, VCV and VVR showed small declines between about -0.14% and -0.60%, indicating a stock-specific move rather than a sector-wide shift.

Historical Context

5 past events · Latest: Dec 31 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 31	Monthly distribution	Neutral	+0.7%	Declared $0.0584 monthly distribution payable Jan 30, 2026 with Jan 15 record.
Nov 28	Monthly distribution	Neutral	-0.1%	Announced $0.0584 monthly distribution payable Dec 31, 2025 with Dec 15 record.
Oct 31	Monthly distribution	Neutral	+0.6%	Declared $0.0584 monthly payout for Nov 28, 2025 with Nov 17 record date.
Sep 30	Monthly distribution	Neutral	+0.0%	Set $0.0584 monthly distribution payable Oct 31, 2025 with Oct 15 record.
Aug 29	Monthly distribution	Neutral	-0.1%	Announced $0.0584 monthly distribution payable Sep 30, 2025 with Sep 15 record.

Pattern Detected

Monthly distribution declarations at the same per-share rate have historically been followed by small, mixed price moves, suggesting these announcements are largely expected by the market.

Recent Company History

Over the last several months, NML has repeatedly declared a monthly distribution of $0.0584 per share, with payments at month-end and mid-month record/ex-dates. Price reactions around these notices have been modest, with moves between about -0.11% and 0.71%. The current announcement continues this pattern of steady distributions, reinforcing a consistent income profile rather than signaling a major change in strategy or payout level.

Market Pulse Summary

This announcement reiterates NML’s regular monthly cash distribution of $0.0584 per share, with paym...

Analysis

This announcement reiterates NML’s regular monthly cash distribution of $0.0584 per share, with payment on February 27, 2026 and a February 17, 2026 record/ex-date. It highlights that distributions may include a non-taxable return of capital and that final 2026 tax characterization will come after year-end. In context of prior identical payouts and the fund trading near its 52-week high, investors may watch for any future changes in rate or composition.

Key Terms

master limited partnerships, mlps, paid-in-kind, return of capital, +3 more

7 terms

master limited partnerships financial

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

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.

mlps financial

"cash and paid-in-kind distributions from master limited partnerships ("MLPs") or their affiliates"

Master limited partnerships are business structures that trade on public exchanges like stocks but are taxed like partnerships, passing most profits directly to investors. They commonly own energy infrastructure and are valued for steady, distribution-style income—think of buying a share of a toll road that pays regular fees—while returns depend on operating cash flow, commodity prices and leverage, and they create different tax paperwork than regular stocks.

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.

net investment income financial

"any distribution that does not consist solely of net investment income. The notice would be for informational purposes"

Net investment income is the money an investor or fund actually keeps from its investments after subtracting the costs of running those investments (like management fees, interest, and losses). Think of it as your paycheck from owning assets: gross returns minus the bills needed to earn them. Investors watch it because it shows how profitable the investment activities are, influences dividend payouts and cash available for growth, and helps compare true performance across funds or companies.

capital gains financial

"estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital"

Capital gains are the profit you make when you sell an investment—like a stock, bond, or property—for more than you paid for it. Investors care because these gains directly boost returns and can trigger taxes, so the timing and choice to sell affect how much money you keep; think of it like selling a house for a higher price and deciding when to close the sale to maximize proceeds after taxes.

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, Jan. 30, 2026 /PRNewswire/ -- Neuberger 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 February 27, 2026, has a record date of February 17, 2026, and has an ex-date of February 17, 2026.

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 2026 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

Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 27 countries. The firm manages $563 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 is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of December 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 distribution did Neuberger Energy Infrastructure and Income Fund (NML) declare for February 2026?

The Fund declared a $0.0584 per share monthly distribution payable February 27, 2026. According to the company, the distribution has a record and ex-date of February 17, 2026 and is part of its regular monthly payout program.

Will Neuberger Energy Infrastructure and Income Fund (NML) pay monthly fixed-rate distributions going forward?

The Fund currently intends to make regular monthly cash distributions at a fixed rate per share. According to the company, the rate will be determined from projected net returns and other factors and is subject to ongoing review and adjustment.

How will the distribution from NML be funded and classified for tax purposes?

The Fund intends to pay distributions from its distributable cash flow, including MLP cash, dividends, and interest. According to the company, a portion is expected to be a non-taxable return of capital, with final tax characteristics determined after year-end.

What does a return of capital from NML mean for shareholders?

A return of capital reduces a shareholder's tax basis in Fund shares rather than being taxed as ordinary income. According to the company, reduced basis increases capital gain or reduces capital loss on a future sale of those shares.

How does NML being subject to federal income tax affect distributions?

Because the Fund is subject to federal income tax, taxes paid will reduce cash available for distributions. According to the company, this likely results in lower distributions compared with direct investment in MLPs that avoid entity-level taxation.