NBET ETF — Neuberger Berman Energy Transition & Infrastructure ETF

Neuberger Berman Energy Transition & Infrastructure ETF (NBET)

NBET is an ETF. its distribution rate is 2.88%, its trailing-12-month yield is 2.34%, its expense ratio is 0.65%. Dividend Vision Distribution Safety Score™ is 98/100 (Safe). Total return is 538.1% over the past 24.8 years, 418.0 points behind SPY at 956.1%.

At the current 2.88% distribution rate, a $10,000 investment would generate approximately $288 per year, or about $72.00 per quarter if the next payment matches the last regular one.

Neuberger Berman Energy Transition & Infrastructure ETF is an equity fund that invests at least 80% of its assets in companies operating energy transition and infrastructure assets, including renewable energy producers, utilities, pipelines, and master limited partnerships. The fund distributes quarterly with a modest current distribution rate and carries an expense ratio of 0.65%. It appeals to income-focused investors seeking exposure to energy infrastructure and the transition to cleaner energy sources.

NBET performance versus SPY

Price and return data through 2026-09-18.

Total return is 538.1% over the past 24.8 years, 418.0 points behind SPY at 956.1%. Over the past year its total return — price change plus distributions reinvested — is 29.3%. Its deepest 1-year drawdown was 8.0%.

NBET key facts

Distribution Safety Score™

98 · Safe

Safety-Adjusted Yield

2.82%

Issuer

Neuberger Berman

Asset type

ETF

Asset class

Equity

Inception date

04/06/2022

Expense ratio

0.65%

Distribution rate

2.88%

Distribution frequency

Quarterly

Trailing yield

2.34%

Last close

$41.49 (as of 2026-09-18)

NAV

$41.17

Premium / discount

0.78% premium

AUM

$50,819,421

Average volume

8648.0

Last dividend

$0.299

Last ex-dividend date

06/23/2026 (as of 2026-06-23)

Last payment date

06/26/2026 (as of 2026-06-26)

Beta

0.56

P/E ratio

21.3566

How Dividend Vision calculates yield and returns

Distribution rate (2.88%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.34%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Neuberger Berman; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NBET risks and drawbacks

NBET's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.0%.

Who may consider NBET — and who may not

NBET may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (NBET pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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