| Capital Markets Industry | Financials Sector | Yves Charles Siegel CEO | NASDAQ (CM) Exchange | 310901101 CUSIP |
| US Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Neuberger Berman MLP and Energy Income Fund Inc. is a specialized closed-end fund of funds that focuses on the investment in public equity markets. Launched and managed by Neuberger Berman Management LLC, the fund is co-managed by Neuberger Berman LLC, highlighting its robust management team and expertise in financial markets. Its primary investment strategy revolves around master limited partnerships (MLPs) and limited liability companies (LLCs), aiming to capitalize on the income and growth potential of these entities.
The fund was originally known as Neuberger Berman MLP Income Fund Inc. and was established on November 16, 2012, showcasing a strong presence in the financial landscape since its inception. The fund is domiciled in the United States, further indicating its commitment to serving the local investment community.
This fund is a closed-end investment vehicle, which means it raises a fixed amount of capital and does not issue redeemable shares like mutual funds. Instead, shares of the fund are traded on the stock exchange, allowing investors to buy and sell shares at market prices. This structure provides liquidity and potentially enhances returns for investors interested in energy-related assets.
The fund predominantly invests in master limited partnerships, which are publicly traded partnerships that typically operate in the energy sector. MLPs are known for their tax benefits and potential for high income generation, making them an attractive option for income-seeking investors.
In addition to MLPs, the fund also invests in limited liability companies. These entities provide limited liability and are often structured to take advantage of tax efficiencies, similar to MLPs. Investments in LLCs further diversify the fund’s portfolio and enhance its income generation potential.
The co-management of the fund by both Neuberger Berman Management LLC and Neuberger Berman LLC ensures a high level of expertise in navigating the complexities of the energy markets. This collaborative approach allows for informed decision-making and strategic investments tailored to market conditions.
The fund benefits from comprehensive research and market analysis conducted by the Neuberger Berman teams. This research supports investment decisions and helps identify opportunities within the energy sector that align with the fund’s income objectives.
With an emphasis on acquiring income-generating assets, the fund seeks to provide its shareholders with a steady income stream while also aiming for capital appreciation. This dual focus positions the fund as an appealing option for investors looking for a blend of income and growth in their investment portfolios.