NML Overview

• Distribution Declaration: Neuberger Energy Infrastructure and Income Fund has announced a monthly distribution of $0.0584 per share, payable on February 27, 2026, with a record and ex-date of February 17, 2026, which is expected to bolster investor confidence and attract more capital inflows.
• Cash Flow Sources: The Fund intends to fund its regular distributions from distributable cash flow, primarily derived from cash and paid-in-kind distributions from master limited partnerships, dividends from common stocks, interest from debt instruments, and other investment income, ensuring sustainability and stability of distributions.
• Return of Capital Explanation: A portion of the distributions is expected to constitute a non-taxable return of capital, meaning that shareholders' investment basis will be reduced, potentially increasing capital gains or reducing capital losses upon sale of shares, which helps optimize shareholders' tax burdens.
• Tax Implications: The Fund is subject to federal income tax on its taxable income, which will reduce the amount available for shareholder distributions, leading to potentially lower distributions for investors compared to direct investments in MLPs, a tax structure that may affect investors' return expectations.

• Distribution Announcement: Neuberger Energy Infrastructure Fund has declared a distribution of $0.0584 per share of common stock, payable on January 30, 2026, with a record and ex-date of January 15, 2026, reflecting the Fund's commitment to ongoing shareholder returns.
• Cash Flow Sources: The Fund intends to make regular monthly distributions from its distributable cash flow, primarily derived from cash distributions from master limited partnerships, common stock dividends, and other investment income, ensuring stability and sustainability of payouts.
• Return of Capital Explanation: A portion of the distributions will be classified as a non-taxable return of capital, meaning that shareholders' investment basis will be reduced, potentially increasing capital gains or reducing capital losses upon sale, which is significant for investors' tax planning.
• Tax Implications: The Fund is subject to federal income tax on its taxable income, which may result in lower distributions to shareholders compared to direct investments in MLPs, highlighting the importance for investors to consider tax consequences.

• Exceptional Financial Strength: Northwestern Mutual has earned the highest financial strength ratings from all four major rating agencies for 35 consecutive years, with a surplus of $42 billion, underscoring its leading position and stability in the industry.
• Strong Investment Liquidity: With an average monthly investable cash flow of $2.5 billion, the company can strategically invest during market fluctuations to pursue higher returns, enhancing long-term value for clients.
• Dividend Innovation: Projected dividends for 2026 are set to reach $9.2 billion, with a nearly $2.4 billion increase over the past three years, marking the largest growth in company and industry history, thereby increasing client appeal.
• Optimized Asset Allocation: With a total investment portfolio exceeding $335 billion, approximately 50% is allocated to illiquid assets, which are expected to yield higher long-term returns than liquid assets, thereby strengthening the company's financial stability.

• Distribution Announcement: Neuberger Berman Energy Infrastructure and Income Fund has declared a distribution of $0.0584 per share, payable on December 31, 2025, demonstrating the fund's ongoing cash flow management capabilities.
• Distribution Structure: The fund intends to make regular cash distributions to common stockholders at a fixed rate based on projected net returns from investments, indicating a strong focus on investment returns.
• Return of Capital: A portion of the distributions will constitute a non-taxable return of capital, which may affect shareholders' investment basis, thereby increasing capital gains or reducing capital losses upon sale, reflecting the fund's financial strategy.
• Tax Implications: The fund is subject to federal income tax, which may result in lower distributions for shareholders compared to direct investments in MLPs, emphasizing the need for investors to consider tax consequences.

• Distribution Announcement: Neuberger Berman Energy Infrastructure and Income Fund has declared a distribution of $0.0584 per share, payable on December 31, 2025, indicating the fund's ongoing commitment to maintaining stable cash flows for its investors.
• Distribution Structure: The fund intends to make regular cash distributions based on projected net returns from its investments, aiming to provide shareholders with consistent income, although future distribution amounts may fluctuate.
• Return of Capital: A portion of the distributions will be classified as a non-taxable return of capital, which may affect shareholders' investment basis and subsequently increase capital gains or reduce capital losses upon sale, highlighting important tax implications for investors.
• Tax Implications: The fund is subject to federal income tax, which may result in lower distributions compared to direct investments in MLPs, reflecting the need for investors to consider tax factors when selecting investment vehicles.

Neuberger Berman Energy Infrastructure and Income Fund (NML) Dividend Announcement

• Monthly Dividend Declared: Neuberger Berman Energy Infrastructure and Income Fund has announced a monthly dividend of $0.0584 per share.
• Forward Yield: The fund offers a forward yield of 8.03%, indicating a strong return for investors.

Important Dates

• Payable Date: The dividend will be payable on September 30.
• Record Date: Shareholders must be on record by September 15 to receive the dividend.
• Ex-Dividend Date: The ex-dividend date is also set for September 15.

Fund Performance Insights

• Dividend Scorecard: The fund's dividend scorecard highlights its strong yield, low debt levels, and potential for capital gains.
• Distribution Coverage: NML demonstrates solid distribution coverage and stability, even amidst market conflicts.

Recent Fund Activity

• Capital Raising: Neuberger Berman has successfully raised $4 billion for its latest GP-led secondary fund, showcasing its robust investment strategy and market confidence.