Key stats
Fund info
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
CUSIP
64135A101
FIGI
BBG016KF7SS0
Identifiers
ISIN US64135A1016
NBET is an actively managed ETF investing in energy infrastructure equities positioned to benefit from evolving global energy demand, including utilities, MLPs, midstream companies, and utility-scale renewable energy assets. The fund emphasizes durable, cash-generative businesses supported by long-term contracts and visible cash flows, with exposure to companies involved in energy storage, transportation, production, and export. Its portfolio is shaped by key macro themes such as AI and data center power demand, electrification, and global energy security, and spans US and international markets across all market capitalizations and sectors. Using proprietary fundamental research, the fund seeks high-quality opportunities across a dynamic and expanding energy landscape. Prior to November 1, 2024, the fund traded under the ticker NBCT and was named Neuberger Berman Carbon Transition & Infrastructure ETF. Prior to March 2, 2026, the fund name included the brand Neuberger Berman.
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
Energy Minerals
Utilities
Stocks99.94%
Industrial Services50.78%
Energy Minerals25.06%
Utilities16.43%
Distribution Services3.80%
Transportation2.01%
Producer Manufacturing1.86%
Bonds, Cash & Other0.06%
Cash0.06%
Breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
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 50.78% stocks, and Energy Minerals, with 25.06% of the basket. The assets are mostly located in the North America region.
NBET last dividends amounted to 0.31 USD. The quarter before, the issuer paid 0.30 USD in dividends, which shows a 2.79% increase.
NBET assets under management is 49.49 M USD. It's fallen 3.09% over the last month.
NBET fund flows account for 21.22 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 2.52%. The last dividend (Sep 28, 2026) amounted to 0.31 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 fallen by −6.10% over the last month, and its yearly performance shows a 22.38% increase. See more dynamics on NBET price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −5.58% over the last month, have fallen by −5.58% over the last month, showed a 3.58% increase in three-month performance and has increased by 25.60% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −5.58% over the last month, have fallen by −5.58% over the last month, showed a 3.58% increase in three-month performance and has increased by 25.60% in a year.
NBET trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.