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NBET ETF Profile


Family: Neuberger Berman
Name: Neuberger Energy Transition & Infrastructure ETF
Inception Date: 6-Apr-2022
Termination Date:
Investment Objective: Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowing for investment purposes) in equity securities of energy transition companies and infrastructure companies. The Fund invests a significant portion of its assets in energy transition companies, which it considers to be those companies operating energy infrastructure assets such as pipelines or renewable energy production, utilities, publicly-traded master limited partnerships or limited liability companies taxed as partnerships ("MLPs"), MLPs that are taxed as C-corporations, MLP affiliates, such as midstream C-corporations, ("MLP affiliates"), and companies that derive the majority of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission, and petroleum and natural gas storage in the petroleum, natural gas, and power generation industries. The Fund may also invest in growth-oriented utilities and power companies, as well as utility-scale renewable energy infrastructure companies, such as companies involved with solar farms, wind farms, hydro power and nuclear power, and companies that operate in any aspect of the utilities, renewable and natural resources industries and sectors.
Prospectus
Top 10 Holdings
TARGA RESOURCES CORP COMMON STOCK TRGP 9.3940%
ENERGY TRANSFER LP MLP ET 7.8603%
ENTERPRISE PRODUCTS PARTNERS MLP EPD 7.5546%
CHENIERE ENERGY INC COMMON STOCK LNG 6.1329%
DT MIDSTREAM INC COMMON STOCK DTM 6.0790%
WILLIAMS COS INC COMMON STOCK WMB 5.0658%
CONOCOPHILLIPS COMMON STOCK COP 4.7421%
CHEVRON CORP COMMON STOCK CVX 4.4507%
WESTERN MIDSTREAM PARTNERS L MLP WES 4.4492%
CLEARWAY ENERGY INC C COMMON STOCK CWEN 4.0448%
Top 10 Holdings Weight: 59.8%
Number of Holdings: 34
Shares Outstanding: 1,200,001
Total Net Assets: 49,654,000
NAV: 41.30
Net Expense Ratio: 0.65%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Market Cap: Broad Market / Multi-Cap
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Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes