Neuberger Berman Energy Infrastructure Fund Declares $0.0584 Per Share Distribution
ByAinvest
Monday, Mar 3, 2025 9:17 am ET1min read
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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
NML--
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
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