NMLETF / FundNeuberger Energy Infrastructure and Income Fund Inc.
Verdicts genuinely change. Free email alert the moment NML's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Neuberger Energy Infrastructure and Income Fund Inc.
27 holdings · as of 2026-08-31 (2.0 months ago)
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 134% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 83.78% of portfolio weight is in non-compliant holdings, over the 5% threshold.
27 holdings, 23 matched (85% of weight). Portfolio as of 2026-08-31, filed 2026-10-30. Source: SEC Form N-PORT.
0.12% of this portfolio’s income is non-permissible — weighted across holdings, computed over 85% of portfolio weight (23 of 27 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
22.7% compliant 0.0% questionable 62.4% non-compliant 14.8% unscreened
All holdings (27)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ET Energy Transfer LP | NON_COMPLIANT | 14.32% | AAOIFI94.8% Usmani47.4% Dow Jones Islamic120.8% S&P Shariah134.5% MSCI Islamic47.4% MSCI Islamic M-Series134.5% FTSE Shariah46.2% |
| TRGP Targa Resources Corp | NON_COMPLIANT | 13.79% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| Enterprise Products Partners L | UNSCREENED | 12.26% | no in-house ratios for this holding |
| DTM DT Midstream Inc | COMPLIANT | 10.44% | AAOIFI25.5% Usmani33.0% Dow Jones Islamic30.1% S&P Shariah36.3% MSCI Islamic33.0% MSCI Islamic M-Series36.3% FTSE Shariah32.6% |
| WES Western Midstream Partners LP | NON_COMPLIANT | 8.18% | AAOIFI43.7% Usmani59.2% Dow Jones Islamic61.0% S&P Shariah68.0% MSCI Islamic59.1% MSCI Islamic M-Series68.0% FTSE Shariah57.9% |
| WMB Williams Cos Inc/The | NON_COMPLIANT | 7.99% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| AR Antero Resources Corp | NON_COMPLIANT | 6.86% | AAOIFI37.8% Usmani30.3% Dow Jones Islamic42.6% S&P Shariah46.0% MSCI Islamic30.3% MSCI Islamic M-Series46.0% FTSE Shariah17.2% |
| LNG Cheniere Energy Inc | NON_COMPLIANT | 6.24% | AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6% |
| CWEN Clearway Energy Inc | NON_COMPLIANT | 5.64% | AAOIFI151.8% Usmani59.0% Dow Jones Islamic159.3% S&P Shariah176.9% MSCI Islamic59.0% MSCI Islamic M-Series176.9% FTSE Shariah54.0% |
| SUN Sunoco LP | NON_COMPLIANT | 4.75% | AAOIFI104.9% Usmani51.6% Dow Jones Islamic133.3% S&P Shariah140.0% MSCI Islamic49.6% MSCI Islamic M-Series140.0% FTSE Shariah44.5% |
| COP ConocoPhillips | COMPLIANT | 4.43% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| CVX Chevron Corp | COMPLIANT | 3.83% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| HESM Hess Midstream LP | NON_COMPLIANT | 3.47% | AAOIFI44.7% Usmani86.5% Dow Jones Islamic87.9% S&P Shariah105.7% MSCI Islamic86.5% MSCI Islamic M-Series105.7% FTSE Shariah86.5% |
| MPLX MPLX LP | NON_COMPLIANT | 3.30% | AAOIFI42.8% Usmani60.3% Dow Jones Islamic52.4% S&P Shariah59.3% MSCI Islamic60.3% MSCI Islamic M-Series59.3% FTSE Shariah59.7% |
| OXY Occidental Petroleum Corp | NON_COMPLIANT | 3.26% | AAOIFI24.4% Usmani19.4% Dow Jones Islamic31.4% S&P Shariah30.3% MSCI Islamic18.2% MSCI Islamic M-Series30.3% FTSE Shariah17.1% |
| XOM ExxonMobil Holdings Corp | COMPLIANT | 3.25% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| Antero Midstream Corp | UNSCREENED | 3.00% | no in-house ratios for this holding |
| KNTK Kinetik Holdings Inc | NON_COMPLIANT | 2.80% | AAOIFI43.0% Usmani55.5% Dow Jones Islamic56.5% S&P Shariah62.5% MSCI Islamic55.5% MSCI Islamic M-Series62.5% FTSE Shariah54.8% |
| TDW Tidewater Inc | COMPLIANT | 2.77% | AAOIFI13.9% Usmani27.6% Dow Jones Islamic21.4% S&P Shariah18.9% MSCI Islamic27.6% MSCI Islamic M-Series18.9% FTSE Shariah27.6% |
| Solaris Energy Infrastructure | UNSCREENED | 2.60% | no in-house ratios for this holding |
| WSO Watsco Inc | COMPLIANT | 2.33% | AAOIFI7.1% Usmani17.8% Dow Jones Islamic5.3% S&P Shariah5.4% MSCI Islamic17.6% MSCI Islamic M-Series5.4% FTSE Shariah9.6% |
| NE Noble Corp PLC | NON_COMPLIANT | 2.04% | AAOIFI25.8% Usmani26.4% Dow Jones Islamic36.9% S&P Shariah35.9% MSCI Islamic26.1% MSCI Islamic M-Series35.9% FTSE Shariah26.1% |
| Tourmaline Oil Corp | UNSCREENED | 2.03% | no in-house ratios for this holding |
| EXE Expand Energy Corp | COMPLIANT | 1.69% | AAOIFI22.5% Usmani17.3% Dow Jones Islamic22.5% S&P Shariah27.7% MSCI Islamic17.3% MSCI Islamic M-Series27.7% FTSE Shariah17.0% |
| EQT EQT Corp | COMPLIANT | 1.42% | AAOIFI16.4% Usmani13.7% Dow Jones Islamic18.1% S&P Shariah21.8% MSCI Islamic13.7% MSCI Islamic M-Series21.8% FTSE Shariah13.7% |
| SUNC Sunococorp LLC | NON_COMPLIANT | 1.15% | AAOIFI362.1% Usmani51.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic49.6% MSCI Islamic M-Series— FTSE Shariah44.5% |
| DVN Devon Energy Corp | COMPLIANT | 0.36% | AAOIFI22.3% Usmani16.8% Dow Jones Islamic46.9% S&P Shariah45.5% MSCI Islamic16.7% MSCI Islamic M-Series45.5% FTSE Shariah16.1% |
The published standards disagree about this fund by 20 points of portfolio weight — 42.7% of it passes MSCI Islamic, 23.0% passes S&P Shariah. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 35.8% ratios fail on 78.5% 19.9% not rated under AAOIFI
ratios pass on 32.2% ratios fail on 82.1% 19.9% not rated under Usmani
ratios pass on 33.4% ratios fail on 79.7% 21.0% not rated under Dow Jones Islamic
ratios pass on 23.0% ratios fail on 90.2% 21.0% not rated under S&P Shariah
ratios pass on 42.7% ratios fail on 71.6% 19.9% not rated under MSCI Islamic
ratios pass on 23.0% ratios fail on 90.2% 21.0% not rated under MSCI Islamic M-Series
ratios pass on 42.7% ratios fail on 71.6% 19.9% not rated under FTSE Shariah
23 of 27 listed holdings carry our own per-methodology verdicts (114% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
| Non-compliant holding | Weight |
|---|---|
| ET Energy Transfer LP | 14.32% |
| TRGP Targa Resources Corp | 13.79% |
| WES Western Midstream Partners LP | 8.18% |
| WMB Williams Cos Inc/The | 7.99% |
| AR Antero Resources Corp | 6.86% |
| LNG Cheniere Energy Inc | 6.24% |
| CWEN Clearway Energy Inc | 5.64% |
| SUN Sunoco LP | 4.75% |
| HESM Hess Midstream LP | 3.47% |
| MPLX MPLX LP | 3.30% |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Neuberger Energy Infrastructure and Income Fund Inc. (NML) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for NML — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 64.40 | NEUTRAL |
| Stochastic %K (14) | 86.14 | SELL |
| CCI (20) | 241.13 | SELL |
| Williams %R (14) | -13.86 | SELL |
| MACD (12,26,9) | 0.07 | BUY |
| ROC (10) | 6.14 | BUY |
| Momentum (10) | 0.62 | BUY |
| EMA (10) | 10.41 | BUY |
| SMA (10) | 10.36 | BUY |
| EMA (20) | 10.31 | BUY |
| SMA (20) | 10.23 | BUY |
| EMA (30) | 10.29 | BUY |
| SMA (30) | 10.20 | BUY |
| EMA (50) | 10.26 | BUY |
| SMA (50) | 10.31 | BUY |
| EMA (100) | 10.12 | BUY |
| SMA (100) | 10.17 | BUY |
| EMA (200) | 9.64 | BUY |
| SMA (200) | 9.82 | BUY |
About Neuberger Energy Infrastructure and Income Fund Inc.
Financial Services · Asset Management
Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc. is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies. It was formerly known as Neuberger Berman MLP Income Fund Inc. Neuberger Berman Income Funds - Neuberger Energy Infrastructure and Income Fund Inc. was formed on November 16, 2012 and is domiciled in the United States.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 43 |
| ⏰ 4H | BULLISH | 24 |
| 🕐 1H | BULLISH | 96 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | RANGING | 234 |
Momentum & Volume
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-27 · Asset managers net 923449 (+22072)
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.