#Income Fund #Neuberger Berman #Energy Infrastructure

Neuberger Berman's Monthly Distribution Announcement

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) has officially declared its monthly distribution, affirming its commitment to returning value to shareholders. The fund has set a distribution rate of $0.0584 per share of common stock, payable to investors on December 31, 2024. Importantly, the record and ex-dates for this distribution are both scheduled for December 16, 2024.

Financial Strategy of the Fund

The Neuberger Berman fund aims to provide consistent monthly cash distributions to its shareholders. This strategy is designed to be adaptable, with the amount distributed dependent on the projected net rate of return from the fund's investments. The framework supporting these distributions is influenced by a combination of factors, including cash flow derived from operations, investment income, and the performance of underlying assets.

To meet its distribution promises, the fund plans to utilize its distributable cash flow. This cash flow primarily comes from:
1. Distributions from master limited partnerships (MLPs) or their affiliates.
2. Dividends generated from common stock holdings.
3. Interest income from debt instruments.
4. Income from various other investments owned by the Fund, less operating expenses including leverage costs and taxes on taxable income.

Understanding Returns of Capital

A noteworthy aspect of the fund’s distributions is that some may involve a