NB MLP and Energy Income Fund Inc.:NML

    Manage Alerts


    As of 9/22/2021

    52 Wk Avg$4.05$5.23-22.96%
    52 Wk High$5.39$6.61-18.48%
    52 Wk Low$2.30$3.22-31.20%
    Regular Distribution TypeIncome Only
    Distribution Rate4.03%
    Distribution Amount$0.0163
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks total return with an emphasis on cash distributions by investing in master limited partnerships ('MLPs'). Under normal market conditions, the Fund invests at least 80% of its Managed Assets in MLPs. Tthe Fund will continue to invest in MLPs but will also have the ability to invest in energy companies as well, regardless of whether the companies are structured as partnerships or 'C' corporations.

    Capital Structure

    As of 9/22/2021

    Total Investment Exposure:$403.987M
    Total Common Assets:$342.787M
    Common Shares Outstanding:56,658,928

    As of 9/22/2021

    Preferred Share Assets:
    Total Debt (USD): $61.200M
    Regulatory Leverage (USD): $61.200M
    Effective Leverage (USD): $61.200M
    Effective Leverage (%): 15.15%
    Annual Expense Ratios

    As of 11/30/2020

      Per Common Share
    Management Fees0.93%
    Other Expenses:1.10%
    Baseline Expense: N/A
    Interest Expense:0.73%
    Total: 2.77%
    Fund Management

    Fund Sponsor
    Neuberger Berman

    Portfolio Managers
    Douglas A. Rachlin, Yves C. Siegel, Paolo Frattaroli

    Category: Equity-MLP
    Ticker: NML
    NAV Ticker:
    Average Daily Volume (shares): 231,142
    Average Daily Volume (USD): $0.869M
    Inception Date: 3/26/2013
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports


    As of 9/22/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 5/31/2021
    Annualized Distribution Rate on NAV:
    As of 9/22/2021
    Total Return on NAV (12 months):
    As of 9/22/2021
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2021

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/23/2021

    PeriodAvg Discount
    6 Month-20.76%
    1 Year-22.96%
    3 Year-17.33%
    5 Year-13.44%

    As of 9/22/2021

    3 Month1.27
    6 Month0.96
    1 Year1.04
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 8/31/2021
    Category: Morningstar US CEF MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2021
    Category: Morningstar US CEF MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 5/31/2021
    Annual Portfolio Turnover:
    As of 11/30/2020
    Asset Allocation

    As of 5/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 5/31/2021 reported by Fund Sponsor

    Sensitive (Super Sector)83.06%
    Defensive (Super Sector)29.88%
    Cyclical (Super Sector)4.75%
    Financial Services2.95%
    Real Estate1.80%
    Cash Equivalents0.80%
    Cash Equivalents (Super Sector)0.80%
    Top Holdings

    As of 5/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Targa Resources Corp$46.63M13.83%
    Enterprise Products Partners LP$40.51M12.02%
    Western Midstream Partners LP$39.16M11.61%
    Williams Companies Inc$34.14M10.12%
    NextEra Energy Partners LP$33.23M9.85%
    Energy Transfer LP$29.30M8.69%
    Shell Midstream Partners LP$21.66M6.42%
    ONEOK Inc$21.10M6.26%
    Clearway Energy Inc Class C$15.02M4.46%
    Other Liability$-63.42M-18.81%
    Country Allocation

    As of 5/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity114.10%
    Canada - Equity1.98%
    United Kingdom - Equity1.62%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.