Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc.
US ˙ NYSEAM ˙ US64129H1041

SecurityNML / Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc.
InstitutionMorgan Stanley
Latest Disclosed Ownership3,458,002 shares
Ownership 6.10%
Morgan Stanley ownership in NML / Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc.

2025-08-07 - Morgan Stanley has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 3,458,002 shares of Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc. (US:NML). This represents 6.1 percent ownership of the company. In their previous filing dated 2024-11-07 , Morgan Stanley had reported owning 4,190,583 shares, indicating a decrease of -17.48 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date		Effective
Date		Form Prev
Shares		 Latest
Shares		 ΔShares
(Percent)		 Ownership
(Percent)		 ΔOwnership
(Percent)
2025-08-07 2025-08-07 13G/A 4,190,583 3,458,002 -17.48 6.10 -17.57
2024-11-07 2024-11-07 13G/A 6,336,606 4,190,583 -33.87 7.40 -33.93
2024-02-09 2024-02-09 13G/A 6,530,843 6,336,606 -2.97 11.20 -2.61
2023-02-10 2023-02-10 13G/A 6,098,358 6,530,843 7.09 11.50 6.48
2022-01-10 2022-01-10 13G/A 4,719,024 6,098,358 29.23 10.80 30.12
2021-02-11 2021-02-11 13G/A 6,373,657 4,719,024 -25.96 8.30 -25.89
2020-01-10 2020-01-10 13G/A 4,886,574 6,373,657 30.43 11.20 30.23
2019-02-13 2019-02-13 13G/A 6,186,343 4,886,574 -21.01 8.60 -21.10
2018-02-13 2018-02-13 13G/A 5,874,401 6,186,343 5.31 10.90 5.83
2017-02-13 2017-02-13 13G/A 6,428,958 5,874,401 -8.63 10.30 -9.65
2016-02-11 2016-02-11 13G/A 5,729,584 6,428,958 12.21 11.40 12.87
2015-03-09 2015-03-09 13G/A 5,729,584 10.10
2015-02-17 2015-02-17 13G/A 5,301,055 9.40
2014-02-10 2014-02-10 13G 3,236,330 5.70

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F NEUBERGER ENGY INFRSTR COM 64129H104 3,249,213 -66,551 -2.01 34,149 21.17 0.0021
2026-05-27 2025-12-31 13F/A-1 NEUBERGER ENGY INFRSTR COM 64129H104 3,315,764 -61,316 -1.82 28,184 -4.30 0.0017
2026-02-13 2025-12-31 13F NEUBERGER ENGY INFRSTR COM 64129H104 3,315,764 -61,316 28,184 0.0017
2026-05-27 2025-09-30 13F/A-1 NEUBERGER BERMAN ENERGY INFR COM 64129H104 3,377,080 -80,921 -2.34 29,448 -5.38 0.0018
2025-11-14 2025-09-30 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 3,377,080 -80,921 29,448 0.0018
2025-08-15 2025-06-30 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 3,458,001 -224,651 -6.10 31,122 -6.10 0.0020
2025-05-15 2025-03-31 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 3,682,652 -143,000 -3.74 33,144 -1.89 0.0024
2025-05-15 2024-12-31 13F/A-1 NEUBERGER BERMAN ENERGY INFR COM 64129H104 3,825,652 -364,930 -8.71 33,781 -1.69 0.0024
2025-02-14 2024-12-31 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 3,825,652 -364,930 33,781 0.0024
2025-05-14 2024-09-30 13F/A-2 NEUBERGER BERMAN ENERGY INFR COM 64129H104 4,190,582 -576,262 -12.09 34,363 -9.89 0.0025
2025-02-14 2024-09-30 13F/A-1 NEUBERGER BERMAN ENERGY INFR COM 64129H104 4,190,582 -576,262 34,363 0.0025
2024-11-14 2024-09-30 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 4,190,582 -576,262 34,363 0.0003
2025-05-14 2024-06-30 13F/A-2 NEUBERGER BERMAN ENERGY INFR COM 64129H104 4,766,844 -263,513 -5.24 38,135 2.86 0.0030
2024-10-17 2024-06-30 13F/A-1 NEUBERGER BERMAN ENERGY INFR COM 64129H104 4,766,844 -263,513 38,135 0.0030
2024-08-14 2024-06-30 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 4,766,844 -263,513 38,135 0.0030
2024-10-17 2024-03-31 13F/A-2 NEUBERGER BERMAN ENERGY INFR COM 64129H104 5,030,357 -1,306,251 -20.61 37,074 -14.96 0.0030
2024-08-16 2024-03-31 13F/A-1 NEUBERGER BERMAN ENERGY INFR COM 64129H104 5,030,357 -1,306,251 37,074 0.0003
2024-05-15 2024-03-31 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 5,030,357 -1,306,251 37,074 0.0030
2024-08-16 2023-12-31 13F/A-1 NEUBERGER BERMAN ENERGY INFR COM 64129H104 6,336,608 -7,241 -0.11 43,596 -0.11 0.0038
2024-02-13 2023-12-31 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 6,336,608 -7,241 43,596 0.0038
2023-11-15 2023-09-30 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 6,343,849 -42,041 -0.66 43,646 -0.66 0.0044
2023-08-14 2023-06-30 13F NEUBERGER BERMAN ENERGY INFR COM 64129H104 6,385,890 -28,539 -0.44 43,935 4.25 0.0043
2023-05-15 2023-03-31 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 6,414,429 -116,414 -1.78 42,143 -3.11 0.0045
2023-02-14 2022-12-31 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 6,530,843 14,424 0.22 43,495 9.06 0.0049
2022-11-14 2022-09-30 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 6,516,419 68,004 1.05 39,880 3.08 0.0054
2022-10-27 2022-06-30 13F/A-1 NEUBERGER BERMAN MLP & ENERG COM 64129H104 6,448,415 10,968 0.17 38,690 -6.67 0.0050
2022-08-15 2022-06-30 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 6,448,415 10,968 38,690 0.0010
2022-10-27 2022-03-31 13F/A-1 NEUBERGER BERMAN MLP & ENERG COM 64129H104 6,437,447 339,089 5.56 41,457 29.74 0.0056
2022-05-13 2022-03-31 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 6,437,447 339,089 41,457 0.0056
2022-02-14 2021-12-31 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 6,098,358 996,186 19.52 31,955 27.04 0.0039
2021-11-15 2021-09-30 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 5,102,172 578,821 12.80 25,154 11.22 0.0034
2021-08-23 2021-06-30 13F/A-1 NEUBERGER BERMAN MLP & ENERG COM 64129H104 4,523,351 780,612 20.86 22,617 43.87 0.0030
2021-08-16 2021-06-30 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 4,523,351 780,612 22,617 0.0006
2021-05-17 2021-03-31 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 3,742,739 -976,285 -20.69 15,720 -1.15 0.0023
2021-02-16 2020-12-31 13F NEUBERGER BERMAN MLP & ENERG COM 64129H104 4,719,024 -757,458 -13.83 15,903 22.01 0.0025
2020-11-13 2020-09-30 13F NEUBERGER BERMAN MLP AND ENR COM 64129H104 5,476,482 967,278 21.45 13,034 -1.68 0.0025
2020-08-14 2020-06-30 13F NEUBERGER BERMAN MLP AND ENR COM 64129H104 4,509,204 -1,148,467 -20.30 13,257 23.98 0.0029
2020-05-26 2020-03-31 13F/A-1 NEUBERGER BERMAN MLP AND ENR COM 64129H104 5,657,671 -715,986 -11.23 10,693 -75.18 0.0029
2020-05-15 2020-03-31 13F NEUBERGER BERMAN MLP AND ENR COM 64129H104 5,657,671 -715,986 10,693 821.4453
2020-02-14 2019-12-31 13F NEUBERGER BERMAN MLP AND ENR COM 64129H104 6,373,657 750,440 13.35 43,086 6.42 0.0100
2019-11-14 2019-09-30 13F NEUBERGER BERMAN MLP AND ENR COM 64129H104 5,623,217 209,397 3.87 40,487 -0.42 0.0107
2019-08-14 2019-06-30 13F NEUBERGER BERMAN MLP AND ENR COM 64129H104 5,413,820 347,945 6.87 40,657 0.82 0.0108
2019-05-15 2019-03-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 5,065,875 179,301 3.67 40,325 23.35 0.0114
2019-02-14 2018-12-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,886,574 149,125 3.15 32,691 -20.59 0.0098
2019-04-23 2018-09-30 13F/A-2 NEUBERGER BERMAN MLP INCOME COM 64129H104 4,737,449 233,776 5.19 41,168 4.23 0.0103
2018-11-20 2018-09-30 13F/A-1 NEUBERGER BERMAN MLP INCOME COM 64129H104 4,737,449 0 41,168 0.0103
2018-11-14 2018-09-30 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,737,449 233,776 41,168
2019-04-23 2018-06-30 13F/A-1 NEUBERGER BERMAN MLP INCOME COM 64129H104 4,503,673 -55,539 -1.22 39,497 6.16 0.0107
2018-08-14 2018-06-30 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,503,673 -55,539 39,497
2019-04-23 2018-03-31 13F/A-1 NEUBERGER BERMAN MLP INCOME COM 64129H104 4,559,212 54,839 1.22 37,204 -11.95 0.0103
2018-05-14 2018-03-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,559,212 54,839 37,204
2019-04-23 2017-12-31 13F/A-1 NEUBERGER BERMAN MLP INCOME COM 64129H104 4,504,373 246,594 5.79 42,251 4.45 0.0116
2018-02-14 2017-12-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,504,373 246,594 42,251
2017-11-14 2017-09-30 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,257,779 164,222 4.01 40,449 2.72 0.0121
2017-08-11 2017-06-30 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,093,557 68,937 1.71 39,379 -3.41 0.0119
2017-05-22 2017-03-31 13F/A-1 NEUBERGER BERMAN MLP INCOME COM 64129H104 4,024,620 208,861 5.47 40,770 13.78 0.0125
2017-05-12 2017-03-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,024,620 40,770
2017-02-22 2016-12-31 13F/A-1 NEUBERGER BERMAN MLP INCOME COM 64129H104 3,815,759 -56,660 -1.46 35,831 -0.29 0.0117
2017-02-13 2016-12-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 3,815,759 35,831
2016-11-10 2016-09-30 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 3,872,419 23,932 0.62 35,936 10.38 0.0123
2016-08-12 2016-06-30 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 3,848,487 1,230 0.03 32,557 21.58 0.0118
2016-05-12 2016-03-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 3,847,257 -315,657 -7.58 26,778 -21.17 0.0103
2016-02-09 2015-12-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,162,914 -1,058,404 -20.27 33,969 -45.65 0.0123
2016-02-08 2015-09-30 13F/A-1 NEUBERGER BERMAN MLP INCOME COM 64129H104 5,221,318 615,162 13.36 62,499 -16.91 0.0231
2015-11-09 2015-09-30 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 5,221,318 62,499
2015-08-12 2015-06-30 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,606,156 218,123 4.97 75,218 -2.71 0.0261
2015-05-14 2015-03-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,388,033 471,596 12.04 77,317 12.17 0.0285
2015-02-13 2014-12-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 3,916,437 -297,375 -7.06 68,929 -24.51 0.0252
2014-12-16 2014-09-30 13F/A-1 NEUBERGER BERMAN MLP INCOME COM 64129H104 4,213,812 1,549,278 58.14 91,313 90.07 0.0351
2014-11-14 2014-09-30 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 4,213,812 91,313
2014-05-13 2014-03-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 2,664,534 284,244 11.94 48,041 5.73 0.0201
2014-02-13 2013-12-31 13F NEUBERGER BERMAN MLP INCOME COM 64129H104 2,380,290 672,607 39.39 45,439 41.82 0.0193
2013-11-13 2013-09-30 13F NEUBERGR BMN MLP COM 64129H104 1,707,683 742,250 76.88 32,040 69.15 0.0151
2013-08-08 2013-06-30 13F NEUBERGR BMN MLP COM 64129H104 965,433 965,433 18,942 0.0096
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.