AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Neuberger Berman Energy Infrastructure Fund Declares $0.0584 Per Share Distribution
ByAinvest
Monday, Mar 3, 2025 9:17 am ET1min read
Neuberger Berman Energy Infrastructure and Income Fund Inc. has announced a distribution of $0.0584 per share of common stock. The distribution will be payable on March 31, 2025, with a record date of March 17, 2025, and ex-date of March 17, 2025. The Fund plans to make regular monthly cash distributions based on the projected net rate of return of its investments and other factors.
Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) recently declared a monthly distribution of $0.0584 per share of common stock [1]. This distribution, payable on March 31, 2025, has a record date of March 17, 2025, and an ex-date of March 17, 2025. The announcement follows the fund's intention to make regular monthly cash distributions to its shareholders [1].The distribution amount is determined based on the projected net rate of return of the fund's investments and other factors [1]. NML plans to pay its regular monthly distributions out of its distributable cash flow, which consists of 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 [1]. However, a portion of the distributions may constitute a non-taxable return of capital [1].
Shareholders should note that there is no assurance that the fund will always be able to pay a distribution of a particular amount or that a distribution will consist solely of net investment income [1]. In compliance with Section 19 of the Investment Company Act of 1940, the fund will provide a notice for any distribution that does not consist solely of net investment income [1].
The Neuberger Berman Energy Infrastructure and Income Fund is subject to various risks, including market risk, credit risk, and liquidity risk [1]. Investors are encouraged to carefully review the fund's prospectus and consult with their financial advisors before making investment decisions.
References:
[1] Neuberger Berman. (2023, June 30). Neuberger Berman Energy Infrastructure and Income Fund Inc. Declares Monthly Distribution. Retrieved from https://www.nb.com/en/us/cef-press-releases/nb-cef-nml-june-2023-distribution
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet