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 $0.07008 per share, payable July 31, 2026 to holders of record and ex-date on July 15, 2026.
The fund plans ongoing monthly cash distributions, which may include taxable income and non-taxable return of capital.
Positive
- Declared monthly cash distribution of $0.07008 per NML common share
- Regular monthly distribution policy based on projected net return and other factors
Negative
- Fund is subject to federal income tax, reducing cash available for distributions
- Portion of distributions expected as return of capital, reducing shareholder tax basis
- No assurance distributions will always be paid at any particular amount or composition
News Market Reaction – NML
On the day this news was published, NML declined 0.30%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 29 | Monthly distribution | Positive | +0.3% | Declared $0.07008 monthly distribution with late June payment and mid-June record date. |
| May 14 | Leverage facility change | Positive | +0.0% | Amended credit facility to raise commitment to $175M and extend duration. |
| Apr 30 | Monthly distribution | Positive | -1.1% | Declared $0.07008 monthly distribution payable late May with mid-May record date. |
| Mar 26 | Distribution increase | Positive | +1.7% | Raised monthly payout to $0.07008 per share and outlined higher annualized rate. |
| Feb 27 | Monthly distribution | Positive | +1.3% | Declared $0.0584 monthly distribution with March payment and mid-March record date. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The stock typically shows small positive reactions to distribution news, with one recent negative move on a similar announcement.
Key Terms
master limited partnerships financial
return of capital financial
record date financial
ex-date financial
section 19 of the investment company act of 1940 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 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