Key stats
About Neuberger Berman Energy Transition & Infrastructure ETF
Home page
Inception date
Apr 6, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Neuberger Berman Investment Advisers LLC
Distributor
Neuberger Berman BD LLC (Investment Management)
ISIN
US64135A1016
NBET is an actively managed portfolio of energy transition and infrastructure equities. The fund invests significantly in energy transition companies, including firms operating energy infrastructure assets, utilities, MLPs, and MLP affiliates. It also invests in growth-oriented utilities, power companies, and utility-scale renewable energy infrastructure companies. The balance of the fund's assets will be invested in infrastructure companies across various sectors. The portfolio managers use proprietary research and fundamental analysis to identify investment opportunities, with a focus on midstream investments. The fund includes both US and non-US companies and may invest in firms of any size, credit quality, industry, or sector. However, it intends to concentrate its investments in the oil, gas, and consumable fuels industry. Prior to November 1, 2024, the fund traded under the ticker NBCT and was named Neuberger Berman Carbon Transition & Infrastructure ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Industrial Services
Utilities
Energy Minerals
Stocks99.20%
Industrial Services51.43%
Utilities22.03%
Energy Minerals21.72%
Transportation2.06%
Process Industries1.96%
Bonds, Cash & Other0.80%
Cash0.80%
Stock breakdown by region
North America98.97%
Europe1.03%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NBET invests in stocks. The fund's major sectors are Industrial Services, with 51.43% stocks, and Utilities, with 22.03% of the basket. The assets are mostly located in the North America region.
NBET top holdings are Targa Resources Corp. and Energy Transfer LP, occupying 7.82% and 7.13% of the portfolio correspondingly.
NBET last dividends amounted to 0.27 USD. The quarter before, the issuer paid 0.21 USD in dividends, which shows a 21.91% increase.
NBET assets under management is 22.13 M USD. It's risen 0.10% over the last month.
NBET fund flows account for −12.29 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NBET pays dividends to its holders with the dividend yield of 5.13%. The last dividend (Jun 26, 2025) amounted to 0.27 USD. The dividends are paid quarterly.
NBET shares are issued by NBSH Acquisition LLC under the brand Neuberger Berman. The ETF was launched on Apr 6, 2022, and its management style is Active.
NBET expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
NBET follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NBET invests in stocks.
NBET price has risen by 0.68% over the last month, and its yearly performance shows a 13.12% increase. See more dynamics on NBET price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.19% over the last month, have fallen by −0.19% over the last month, showed a 1.87% increase in three-month performance and has increased by 14.37% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.19% over the last month, have fallen by −0.19% over the last month, showed a 1.87% increase in three-month performance and has increased by 14.37% in a year.
NBET trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.