{"id":520904,"date":"2021-07-30T16:33:30","date_gmt":"2021-07-30T20:33:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/"},"modified":"2021-07-30T16:33:30","modified_gmt":"2021-07-30T20:33:30","slug":"neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/","title":{"rendered":"Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">July 30, 2021<\/span> \/PRNewswire\/ &#8212; Neuberger Berman MLP and Energy Income Fund Inc. (<b>NYSE American: NML<\/b>) (the &#8220;Fund&#8221;) has announced a distribution declaration of <span class=\"xn-money\">$0.0163<\/span> per share of common stock. The distribution announced today is payable on <span class=\"xn-chron\">August 31, 2021<\/span>, has a record date of <span class=\"xn-chron\">August 16, 2021<\/span> and has an ex-date of <span class=\"xn-chron\">August 13, 2021<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/75472\/neuberger_berman_group_llc_logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/75472\/neuberger_berman_group_llc_logo.jpg\" title=\"Neuberger Berman Logo (PRNewsFoto\/Neuberger Berman Group LLC)\" alt=\"Neuberger Berman Logo (PRNewsFoto\/Neuberger Berman Group LLC)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Due to changes that may continue to occur in the master limited partnership (&#8220;MLP&#8221;) and energy markets, as well as the impact that these changes may have on closed-end funds that invest in MLPs, the Fund will continue to evaluate the stability and appropriateness of its distribution rate in the months ahead. The Fund currently intends to make regular monthly cash distributions to holders of its common stock at a fixed rate per share, to be determined based on the projected net rate of return of the Fund&#8217;s investments as well as other factors, subject to ongoing review and adjustment from time to time.\u00a0The Fund currently intends to pay its regular monthly distributions out of its distributable cash flow, which generally consists of (1) cash and paid-in-kind distributions from MLPs or their affiliates, dividends from common stocks, interest from debt instruments and income from other investments held by the Fund less (2) current or accrued operating expenses, including leverage costs, if any, and taxes on its taxable income.\u00a0\u00a0 <\/p>\n<p>The Fund expects that a portion of its distributions to stockholders will constitute a non-taxable return of capital. A &#8220;return of capital&#8221; is a distribution by the Fund which represents a return of a common stockholder&#8217;s original investment, and should not be confused with a dividend.\u00a0To the extent the Fund pays a return of capital,\u00a0a common stockholder&#8217;s basis\u00a0in Fund shares will be reduced, which\u00a0will increase a capital gain or reduce a capital loss upon sale of those shares.\u00a0There is no assurance that the Fund will always be able to pay a distribution of any particular amount, or that a distribution will consist solely of the Fund&#8217;s current and accumulated earnings and profits.\u00a0 <\/p>\n<p>In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2021 will be made after the end of the year.<\/p>\n<p>The Fund is subject to federal income tax on its taxable income, unlike most investment companies. Any taxes paid by the Fund will reduce the amount available to pay distributions to stockholders, and therefore investors in the Fund will likely receive lower distributions than if they invested directly in MLPs.<\/p>\n<p>\n        <b>About Neuberger Berman<\/b>\n      <\/p>\n<p>Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies\u2014including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds\u2014on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman&#8217;s diverse team has over 2,300 professionals. For seven consecutive years, the company has been named first or second in Pensions &amp; Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more).\u00a0In 2020, the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3244992-2&amp;h=100450066&amp;u=https%3A%2F%2Fwww.nb.com%2Fen%2Fus%2Fesg%2Fcollaboration&amp;a=PRI\" rel=\"nofollow noopener\">PRI<\/a> named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages <span class=\"xn-money\">$433 billion<\/span> in client assets as of <span class=\"xn-chron\">June 30, 2021<\/span>. For more information, please visit our website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3244992-2&amp;h=2834532871&amp;u=http%3A%2F%2Fwww.nb.com%2F&amp;a=www.nb.com\" rel=\"nofollow noopener\">www.nb.com<\/a>.<\/p>\n<p>Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund&#8217;s performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund&#8217;s investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.<\/p>\n<p>\n        <b>Contact:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/><\/b>Neuberger Berman Investment Advisers LLC\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <br \/>Investor Information <br \/>(877) 461-1899<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY60477&amp;sd=2021-07-30\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-301345338.html\">https:\/\/www.prnewswire.com\/news-releases\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-301345338.html<\/a><\/p>\n<p>SOURCE  Neuberger Berman<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY60477&amp;Transmission_Id=202107301630PR_NEWS_USPR_____NY60477&amp;DateId=20210730\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, July 30, 2021 \/PRNewswire\/ &#8212; Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American: NML) (the &#8220;Fund&#8221;) has announced a distribution declaration of $0.0163 per share of common stock. The distribution announced today is payable on August 31, 2021, has a record date of August 16, 2021 and has an ex-date of August 13, 2021. Due to changes that may continue to occur in the master limited partnership (&#8220;MLP&#8221;) and energy markets, as well as the impact that these changes may have on closed-end funds that invest in MLPs, the Fund will continue to evaluate the stability and appropriateness of its distribution rate in the months ahead. The Fund currently intends to make regular monthly &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-520904","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, July 30, 2021 \/PRNewswire\/ &#8212; Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American: NML) (the &#8220;Fund&#8221;) has announced a distribution declaration of $0.0163 per share of common stock. The distribution announced today is payable on August 31, 2021, has a record date of August 16, 2021 and has an ex-date of August 13, 2021. Due to changes that may continue to occur in the master limited partnership (&#8220;MLP&#8221;) and energy markets, as well as the impact that these changes may have on closed-end funds that invest in MLPs, the Fund will continue to evaluate the stability and appropriateness of its distribution rate in the months ahead. 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(NYSE American: NML) (the &#8220;Fund&#8221;) has announced a distribution declaration of $0.0163 per share of common stock. The distribution announced today is payable on August 31, 2021, has a record date of August 16, 2021 and has an ex-date of August 13, 2021. Due to changes that may continue to occur in the master limited partnership (&#8220;MLP&#8221;) and energy markets, as well as the impact that these changes may have on closed-end funds that invest in MLPs, the Fund will continue to evaluate the stability and appropriateness of its distribution rate in the months ahead. The Fund currently intends to make regular monthly &hellip; Continue reading \"Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-30T20:33:30+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/75472\/neuberger_berman_group_llc_logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution","datePublished":"2021-07-30T20:33:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/"},"wordCount":766,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/75472\/neuberger_berman_group_llc_logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/neuberger-berman-mlp-and-energy-income-fund-announces-monthly-distribution-3\/","name":"Neuberger Berman MLP And Energy Income Fund Announces Monthly Distribution - 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