Neuberger Berman MLP (NML)

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The chart shows the growth of an initial investment of $10,000 in Neuberger Berman MLP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Neuberger Berman MLP (NML) has returned 25.95% so far this year and 26.49% over the past 12 months. Looking at the last ten years, NML has achieved an annualized return of 12.90%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Mar 26, 2013, NML's average daily return is +0.04%, while the average monthly return is +0.81%. At this rate, your investment would double in approximately 7.2 years.

Historically, 57% of months were positive and 43% were negative. The best month was Apr 2020 with a return of +52.1%, while the worst month was Mar 2020 at -65.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, NML closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +30.2%, while the worst single day was Mar 18, 2020 at -32.8%.

Neuberger Berman MLP has an annualized alpha of -3.70%, beta of 1.06, and R² of 0.25 versus S&P 500 Index. Calculated based on daily prices since March 27, 2013.

• This fund participated in 139.00% of S&P 500 Index downside but only 97.77% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.25 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NML has a high expense ratio of 2.72%, indicating above-average management fees.

NML ranks 64 for risk / return — better than 64% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Neuberger Berman MLP (NML) and compare them to a chosen benchmark (S&P 500 Index).

Neuberger Berman MLP provided a 6.67% dividend yield over the last twelve months, with an annual payout of $0.70 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Neuberger Berman MLP. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Neuberger Berman MLP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Neuberger Berman MLP was 90.48%, occurring on Mar 18, 2020. Recovery took 1470 trading sessions.

The current Neuberger Berman MLP drawdown is 0.66%.

The chart below shows the rolling one-month volatility.