NEUBERGER ENERGY INFRASTRUCTURE AND INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION

Federal income taxes paid by the Fund reduce the amount available for shareholder distributions.

Rhea-AI Summary

Neuberger Energy Infrastructure and Income Fund (NML) declared a monthly common-stock distribution of $0.07008 per share, payable October 30, 2026.

The record date and ex-date are both October 15, 2026. The Fund intends to pay regular monthly distributions from distributable cash flow, after operating expenses, leverage costs, if any, and taxes. It expects a portion of distributions to be a non-taxable return of capital, meaning a return of shareholders' original investment rather than a dividend. This reduces shareholders' tax basis in their shares. Final sources and tax characteristics of distributions paid in 2026 will be determined after year-end.

Positive

• None.

Negative

• Minor pointFederal income taxes paid by the Fund reduce cash available for shareholder distributions.

News Explained

The Fund says holders will likely receive lower distributions than if they invested directly in MLPs.

For the declared monthly distribution, the Fund says it intends to use a fixed per-share rate based on projected investment returns and other factors, subject to review and adjustment. The current declaration therefore does not commit the Fund to that rate in later months.

The Fund is subject to federal income tax on its taxable income, and taxes it pays reduce the amount available for distributions.

Key Figures

Distribution: $0.07008 per share Payment date: October 30, 2026 Record date: October 15, 2026 +1 more

Distribution

$0.07008 per share

Declared for common stock

Payment date

October 30, 2026

Declared distribution

Record date

October 15, 2026

Declared distribution

Ex-date

October 15, 2026

Declared distribution

Historical Context

4 past events · Latest: Aug 31

4 events

1. Aug 31

   Monthly distribution

   24h Move

   -0.5%

   Declared a monthly distribution of $0.07008 per common share.

2. Jul 31

   Monthly distribution

   24h Move

   -0.1%

   Declared a monthly distribution of $0.07008 per common share.

3. Jun 30

   Monthly distribution

   24h Move

   -0.3%

   Declared a monthly distribution of $0.07008 per share.

4. May 29

   Monthly distribution

   24h Move

   +0.3%

   Declared a monthly distribution of $0.07008 per common share.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

master limited partnerships, paid-in-kind, return of capital, net investment income

4 terms

master limited partnerships financial

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

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

"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 portion of its distributions to stockholders will constitute a non-taxable return of capital"

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

"does not consist solely of net investment income"

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Sept. 30, 2026 /PRNewswire/ -- Neuberger Energy Infrastructure and Income Fund Inc. (NYSE American: NML) (the "Fund") has announced a distribution declaration of $0.07008 per share of common stock. The distribution announced today is payable on October 30, 2026, has a record date of October 15, 2026, and has an ex-date of October 15, 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 26 countries. The firm manages $613 billion of equities, fixed income, private markets, 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 this past year, 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 June 30, 2026.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is NML's monthly distribution and when is it payable?

NML declared a distribution of $0.07008 per common share, payable October 30, 2026. The record date and ex-date are both October 15, 2026.

How does NML's expected return of capital affect shareholders' taxes?

A return of capital reduces a shareholder's tax basis in Fund shares, increasing a capital gain or reducing a capital loss when those shares are sold. The Fund expects a portion of its distributions to constitute non-taxable return of capital, which returns original investment rather than representing a dividend.

Can NML shareholders use a Section 19 distribution notice for tax reporting?

A Section 19 notice is informational and is not for tax reporting. A notice would be provided for any distribution not consisting solely of net investment income and would disclose estimated distribution components. Final sources and tax characteristics of all distributions paid in 2026 will be determined after year-end.