(NML) Neuberger Berman MLP - Ratings and Ratios

Exchange: NYSE MKT • Country: USA • Currency: USD • Type: Fund • ISIN: US64129H1041

Energy, Infrastructure, Midstream, Pipelines, Gathering

Dividends

Dividend Yield 8.98%
Yield on Cost 5y 28.79%
Yield CAGR 5y 39.46%
Payout Consistency 86.9%
Payout Ratio -
Risk via 5d forecast
Volatility 18.1%
Value at Risk 5%th 29.4%
Relative Tail Risk -1.39%
Reward TTM
Sharpe Ratio 0.01
Alpha -11.90
CAGR/Max DD 0.98
Character TTM
Hurst Exponent 0.390
Beta 0.721
Beta Downside 1.010
Drawdowns 3y
Max DD 16.93%
Mean DD 4.33%
Median DD 3.65%

Description: NML Neuberger Berman MLP December 28, 2025

Neuberger Berman MLP (NYSE MKT: NML) is a U.S.-based energy limited partnership fund that provides investors exposure to the midstream segment of the energy value chain, primarily through ownership interests in pipelines, processing facilities, and related infrastructure.

Key metrics as of the latest filing include a net asset value (NAV) of roughly $1.1 billion, a 2023 distribution of $0.73 per unit (≈ 6.5% annualized yield), and a forward-looking 2024 distribution estimate of $0.78 per unit. The partnership’s performance is tightly linked to crude-oil and natural-gas price spreads, U.S. shale production growth, and regulatory developments affecting pipeline tariffs and environmental compliance.

If you want a data-rich, side-by-side comparison of NML’s cash-flow trends and distribution sustainability, the ValueRay platform offers a useful analytical toolkit to explore further.

What is the price of NML shares?

As of January 08, 2026, the stock is trading at USD 8.40 with a total of 150,606 shares traded.
Over the past week, the price has changed by -1.18%, over one month by -3.12%, over three months by -0.52% and over the past year by +1.69%.

Is NML a buy, sell or hold?

Neuberger Berman MLP has no consensus analysts rating.

What are the forecasts/targets for the NML price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 10.5 25.4%

NML Fundamental Data Overview January 03, 2026

Market Cap USD = 382.4m (382.4m USD * 1.0 USD.USD)
Beta = None
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 382.4m USD (382.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 382.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 382.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.67% (E(382.4m)/V(382.4m) * Re(8.67%) + (debt-free company))
Discount Rate = 8.67% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for NML Fund

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle