Neuberger Energy Infrastructure and Income Fund Inc.

Frequently Asked Questions About NML

What does NML invest in?

The Neuberger Energy Infrastructure and Income Fund Inc. is a closed-end fund of funds, managed by Neuberger Berman Management LLC, with additional co-management provided by Neuberger Berman LLC. This fund primarily directs its investments towards public equity markets, with a specific focus on master limited partnerships (MLPs) and limited liability companies (LLCs). Established on November 16, 2012, and based in the United States, it was formerly recognized under the names Neuberger Berman MLP Income Fund Inc. and Neuberger Berman MLP and Energy Income Fund Inc.

What is the expense ratio of NML?

Neuberger Energy Infrastructure and Income Fund Inc. (NML) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

What is NML's dividend yield?

NML's trailing-twelve-month yield is 7.55%, calculated from the sum of dividends over the past year divided by the current price.

How big is NML?

Neuberger Energy Infrastructure and Income Fund Inc. (NML) has a market value of $587.6M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is NML actively managed or an index fund?

NML is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (NML's is 1.07%) in exchange for the discretion to over- or under-weight positions.

When was NML launched?

Neuberger Energy Infrastructure and Income Fund Inc. (NML) launched in March 2013 and is managed by Neuberger Berman.