Neuberger Berman MLP and Energy Income Fund Inc. Announces Monthly Distribution, Payable on February 26, 2021
January 29, 2021 at 09:30 pm
Share
Neuberger Berman MLP and Energy Income Fund Inc. has announced an increase in its monthly distribution rate to $0.0148 per share of common stock from the prior monthly distribution rate of $0.01345 per share, representing an increase of approximately 10%. The Fund has also declared its next monthly distribution at the new rate, which is payable on February 26, 2021, has a record date of February 16, 2021 and has an ex-date of February 12, 2021. The new monthly distribution rate of $0.0148 per share represents an annualized distribution per share of $0.1776 versus the prior annualized amount of $0.1614 and results in a distribution rate of approximately 3.68% and 4.87%, of the Fund's net asset value and market price, respectively, as of January 28, 2021.
Neuberger Berman Energy Infrastructure and Income Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fundâs investment objective is to seek a total return with an emphasis on cash distributions. Under normal market conditions, the Fund may invest at least 80% of its total assets in U.S. and non-U.S. equity or fixed income securities of energy infrastructure companies. The Fundâs energy infrastructure companies include Master Limited Partnerships (MLPs) and limited liability companies taxed as partnerships, MLP affiliates, YieldCos, pipeline companies, utilities, C corporations and other companies that operate within the oil and gas storage, transportation, refining, marketing, equipment and services, drilling, exploration or production sub-industries. The Fund's investment manager is Neuberger Berman Investment Advisers LLC.
NEUBERGER BERMAN ENERGY INFRASTRUCTURE AND INCOME FUND INC. 
