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NEUBERGER ENERGY INFRASTRUCTURE AND INCOME FUND ANNOUNCES MONTHLY DISTRIBUTION
PRNewswire (Mon, 31-Aug 4:31 PM ET)
The fund invests primarily in master limited partnerships. MLP investments are currently expected to emphasize companies that portfolio managers believe have growth potential and operate in the midstream natural resources sector. The funds investment strategy intends to focus on a blend of General Partner (GP) and Limited Partner (LP) MLP investments they believe have the ability to provide attractive total return and cash distributions.
Neuberger Berman MLP trades on the AMEX stock market under the symbol NML.
As of September 11, 2026, NML stock price declined to $10.64 with 111,808 million shares trading.
NML has a beta of -0.44, meaning it tends to be less sensitive to market movements. NML has a correlation of 0.06 to the broad based SPY ETF.
NML has a market cap of $602.85 million. This is considered a Small Cap stock.
In the last 3 years, NML traded as high as $10.98 and as low as $6.30.
NML has outperformed the market in the last year with a price return of +31.9% while the SPY ETF gained +18.3%. However, in the short term, NML had mixed performance relative to the market. It has underperformed in the last 3 months, returning +4.2% vs +5.6% return in SPY. But in the last 2 weeks, NML shares have fared better than the market returning +1.9% compared to SPY -0.9%.
NML support price is $10.66 and resistance is $11.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NML shares will trade within this expected range on the day.