Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund (NML) Total Return Calculator
$10,000 since Mar 2013, with and without reinvesting · data through Oct 2026
$10,000 invested in Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund (NML) ten years ago, at the end of Oct 2016, was worth $26,250 at the end of Oct 2026 with every dividend reinvested: 10.1% a year, against $41,633 in the S&P 500. Since Mar 2013, $10,000 became $14,752 reinvested (2.9% a year), or $9,858 taking the dividends as cash, $4,685 of it paid out along the way.
NML became
$14,752
S&P 500: $60,622
Return a year
2.9%
S&P 500: 14.2%
Payouts reinvested
$7,701
bought more shares
Worst drop
-85.9%
S&P 500: -23.9%
$10,000, Mar 2013 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | NML total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | +34.5% | $897 | +11.7% |
| 2025 | +4.3% | $866 | +17.7% |
| 2024 | +40.5% | $812 | +24.9% |
| 2023 | +14.8% | $743 | +26.2% |
| 2022 | +32.5% | $261 | −18.2% |
| 2021 | +62.3% | $181 | +28.7% |
| 2020 | −45.9% | $223 | +18.3% |
| 2019 | +10.6% | $516 | +31.2% |
| 2018 | −23.0% | $467 | −4.6% |
| 2017 | +6.9% | $441 | +21.7% |
| 2016 | +28.4% | $537 | +12.0% |
| 2015 | −49.4% | $688 | +1.2% |
| 2014 | −1.7% | $649 | +13.5% |
| 2013 (part) | −3.6% | $419 | +19.7% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: NML total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund (NML) at the end of Mar 2013, with dividends reinvested, was worth $14,752 at the end of Oct 2026: 2.9% a year, against $60,622 (14.2% a year) in the S&P 500.
- Over the 10 years to Oct 2026, NML turned $10,000 into $26,250 with dividends reinvested, 10.1% a year.
- Over the 5 years to Oct 2026, NML returned 24.2% a year with dividends reinvested (S&P 500: 12.0%).
- Taking NML's dividends as cash instead of reinvesting them, the same $10,000 ended at $9,858, including $4,685 of cash received; reinvesting added $4,894.
- NML's best calendar year in that time was 2021 (62.3%) and its worst 2015 (-49.4%), with dividends reinvested.
Cite this page
SmarterDividends, "Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund (NML) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NML/total-return
NML total return questions
If I invested $10,000 in NML 10 years ago, how much would I have?
About $26,250 at the end of Oct 2026, with every dividend reinvested: 10.1% a year. Taking them as cash, you'd have shares worth $12,339 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is NML's total return since Mar 2013?
48% in total, or 2.9% a year, through Oct 2026 with dividends reinvested. The share price alone fell 48%.
How much of NML's return came from dividends?
About 100% of its yearly return since Mar 2013. Reinvesting them, rather than taking cash, left you $4,894 better off on a $10,000 start.
What was NML's worst year?
2015, at -49.4% with dividends reinvested (S&P 500: 1.2%). Its deepest fall from a peak, on month-end values, was -85.9%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.