#United States #New York #Income Fund #Neuberger Berman #Energy Infrastructure

Neuberger Berman Energy Infrastructure and Income Fund Distribution Announcement

On May 30, 2025, Neuberger Berman Energy Infrastructure and Income Fund Inc., trading under the symbol NML on the NYSE American, announced a significant monthly distribution for its shareholders. The Fund has declared a distribution of $0.0584 per share of common stock, which is set to be paid on June 30, 2025. The record date for this distribution is June 16, 2025, which also serves as the ex-date.

Understanding Distributions

The Fund aims to provide consistent monthly cash distributions to its common stockholders at a fixed rate. This rate is decided based on the anticipated net return from the Fund's diverse investments, with regular adjustments as deemed necessary by the management. The monthly distributions are primarily derived from the Fund's distributable cash flow. This includes income obtained from master limited partnerships (MLPs) and other investment vehicles, minus operational costs and taxes.

It's important for investors to understand that part of these distributions might be categorized as non-taxable return of capital. A return of capital is distinct from a typical dividend, as it signifies a return of portions of the initial investment rather than profits. Investors should note that such returns reduce their investment basis, which can affect capital gains or losses upon selling the shares.

Regulatory Compliance and Tax Considerations

In accordance with the Investment Company Act of 1940, the Fund will issue notifications regarding distributions that are not solely derived from net investment income. These notifications, meant for informational purposes rather than tax reporting, will clarify the specific components of the distributions, including estimated portions that consist of net investment income, capital gains, and returns of capital. The definitive categorization of all distributions paid in 2025 will only be finalized at the end of the fiscal year.

Investors should also be aware that, unlike many other investment companies, the Fund is liable for federal income tax on its taxable income, which consequently may reduce the available amounts for distribution. This could lead to stockholders receiving lower distributions compared to direct investments in MLPs.

About Neuberger Berman

Founded in 1939 and operating with an employee-owned model, Neuberger Berman is a prominent independent investment manager. They boast over 2,800 employees across 26 countries, managing an impressive portfolio of approximately $515 billion across equities, fixed income, private equity, real estate, and hedge funds. The company is well-respected in the finance industry, recognized by Pensions & Investments as one of the top places to work in money management for the past eleven years for firms with over 1,000 employees.

In conclusion, Neuberger Berman's announcement regarding the monthly distribution sets a clear trajectory for investors looking for stability and returns in the energy sector. Though investors should remain vigilant regarding potential tax implications and fluctuations in the distribution amount, the Fund's strategic management and established history position it as a reliable choice in energy infrastructure investment.

For further details or inquiries, investors can reach out to Neuberger Berman Investment Advisers LLC at their dedicated helpline.