Summary
NML Chart
People also search for
NML: Valuation Is Getting Too Expensive
Neuberger Energy Infra and Income Fund remains a hold, as its valuation has become expensive despite ongoing AI data center growth catalysts. NML now trades at a premium to NAV, with a high 8.3% dividend yield, but is heavily reliant on net realized gains and concentrated midstream holdings. The fund's concentrated portfolio and reliance on distributions expose it to risks if earnings or sector momentum slow, especially with potential shifts in AI and LNG demand.
2 Discounted Infrastructure Plays With Monthly Pay
The demand for power generation and distribution has been growing on the back of rapid AI infrastructure buildout. In the CEF space, there are infrastructure funds that provide an underlying portfolio of exposure to names that can benefit from this. Today, we'll be looking at two infrastructure-focused CEFs that trade at attractive discounts and offer monthly distributions, and both have recently raised their payout to investors as well.
NML: Data Centers Are A Catalyst But Flawed Portfolio Structure
Neuberger Energy Infrastructure and Income Fund remains a hold, benefiting from AI-driven energy demand but facing structural challenges. NML trades at an 11.17% discount to NAV, with a high 8.6% yield, but its reliance on net realized gains and return of capital raises sustainability concerns. The fund's concentrated midstream energy exposure and 21.85% leverage amplify both upside from AI data center growth and downside risk in market downturns.
Neuberger Berman Energy Infrastructure and Income Fund Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PEP Philip E. Passafiume Protective Life Corp | 885 | $9,301.35 | $9,204 | -$97.35 | -1.05% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 900 | $8,517 | $9,283.5 | $766.5 | 9% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 470 | $3,463.9 | $4,831.6 | $1,367.7 | 39.48% |
| MS Michael Stulic Astoria Portfolio Advisors LLC | 15,725 | $117,335.6 | $161,888.87 | $44,553.27 | 37.97% |
 Christopher C. Powers Farther Finance Advisors, LLC | 4,183 | $38,416.49 | $43,084.9 | $4,668.41 | 12.15% |
Neuberger Berman Energy Infrastructure and Income Fund Inc. (NML) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Neuberger Berman Energy Infrastructure and Income Fund Inc. ever had a stock split?
Neuberger Berman Energy Infrastructure and Income Fund Inc. Profile
| AMEX Exchange | US Country |
Overview
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.
Products and Services
- Closed-End Fund Management:
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.
- Investment in Master Limited Partnerships (MLPs):
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.
- Investment in Limited Liability Companies (LLCs):
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.
- Active Co-Management:
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.
- Investment Research and Analysis:
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.
- Focus on Income Generation:
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.
